Archive for September, 2008

Mortgage Lending Criteria Get Tougher – www.ThinkMoney.com

Posted on September 25th, 2008. Filed under: Credit Crunch, Mortgage, UK | Tags: , , , , , , , , , , , |

Bad Credit Mortgages provider www.ThinkMoney.com discuss the tightening of mortgage lending criteria.

Read Full Post | Make a Comment ( None so far )

Mortgage Bad Credit Loans To Get You Out Of Debt

Posted on September 23rd, 2008. Filed under: Finance, Mortgage | Tags: , , , , , , , , , , , , , , , , |

Most experts say that your housing costs should not be more, and preferably less, than 30% of your income. Is that a reasonable figure for most Canadians? The answer is a resounding “no”. The Canadian Mortgage and Housing Corporation (CMHC) prepares annual research on the number of work hours in one month, at an average [...]

Read Full Post | Make a Comment ( None so far )

CML Market commentary

Posted on September 22nd, 2008. Filed under: Finance, Mortgage, UK | Tags: , , , , , , , , , , , |

As Mervyn King pointed out, the housing and mortgage markets are going through an adjustment process. The question is how far the authorities will leave the correction to market forces and whether they will look to step in at a time when the wider economy is at risk of recession.
The Governor has made clear his [...]

Read Full Post | Make a Comment ( None so far )

Mortgage Blog Roundup

Posted on September 22nd, 2008. Filed under: Credit Crunch, Mortgage, UK, USA | Tags: , , , , , , , , , , , , , , |

Some great mortgage articles over at www.ThinkMoney.com today. Have pulled a few of them together:

House Prices, Who’s Talking, who’s listening?
‘Second wave’ of bank losses expected
Lehman bankruptcy could squeeze mortgage market
US Mortgage Market may help our loans

If you don’t read any of them, make sure you read the House Prices article, well written and has a [...]

Read Full Post | Make a Comment ( None so far )

Mortgage Lending declines in August

Posted on September 22nd, 2008. Filed under: Mortgage, UK | Tags: , , , , , , , , , , |

Think Money report that CML August figures showed a decline in Mortgages.

Read Full Post | Make a Comment ( None so far )

House Prices

Posted on September 17th, 2008. Filed under: Credit Crunch, Crisis, Finance, Mortgage, UK | Tags: , , , , , , , , , , , , , , , , , |

Excellent article on house prices here:
http://www.thinkmoney.com/expert-mortgage-views/1370/house-prices.asp

Read Full Post | Make a Comment ( None so far )

Lehman Brothers Bankruptcy Press Release

Posted on September 16th, 2008. Filed under: Credit Crunch, Crisis, Mortgage, USA | Tags: , , , , , , , , , , |

AS PREVIOUSLY ANNOUNCED, LEHMAN BROTHERS HOLDINGS INC. FILED CHAPTER 11; NO OTHER U.S. SUBSIDIARY OR AFFILIATE, INCLUDING ITS BROKER-DEALER AND INVESTMENT MANAGEMENT SUBSIDIARIES, WAS INCLUDED IN THE FILING
NEW YORK, September 15, 2008 – Lehman Brothers Holdings Inc. (“LBHI”) stated that it has filed a petition under Chapter 11 of the U.S. Bankruptcy Code with the [...]

Read Full Post | Make a Comment ( 2 so far )

Lehman bankruptcy rocks the world markets

Posted on September 16th, 2008. Filed under: Credit Crunch, Crisis, Finance, Mortgage, USA | Tags: , , , , , , , , , , , , , , , , , |

The announcement of the Lehman Brothers bankruptcy after putting too much money into sub prime mortgage bonds.
Below is a link to an excellent article by The Guardian – an FAQ on the Lehman bankruptcy.
Could the US government have stepped in?
The US treasury has reached the limit of taxpayer funds it is willing to gamble on [...]

Read Full Post | Make a Comment ( None so far )

Mortgage rate cuts at Cheltenham & Gloucester

Posted on September 16th, 2008. Filed under: Credit Crunch, Finance, Mortgage, UK | Tags: , , , , , , , , , , , , , |

Today sees mortgage rate cuts from mortgage lender Cheltenham & Gloucester.
Full article here

Read Full Post | Make a Comment ( None so far )

Mortgage News Roundup

Posted on September 9th, 2008. Filed under: Crisis, Finance, Mortgage, UK, USA | Tags: , , , , , , , , , , , , , , , , , |

Mortgage Article / Blog of the Week:

Nationalise Mortgage Lending
A thought provoking article from a premier UK politics blog.

Full Mortgage News roundup:

Major players who backed the $12 trillion US mortgage market
Mortgages: what a difference location makes
White House Blames Congress for Mortgage Takeover
Bankers: Mortgage takeover will benefit housing market
China and Japan hail US mortgage rescue as [...]

Read Full Post | Make a Comment ( None so far )

« Previous Entries

Liked it here?
Why not try sites on the blogroll...