Market fears lead to Hips review
The ongoing saga over home information packs has taken another twist this week after it emerged that the government is preparing an urgent review of the scheme.
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Tax cuts blamed for mortgage rate rises (Stuff) Big banks are pushing up some fixed mortgage interest rates and deposit rates, blaming bigger-than-expected tax cuts announced last week.read more...
Fitch Downgrades GM & GMAC to 'BB+'; Outlook Remains Negative Fitch Ratings has downgraded the senior unsecured ratings of General Motors, GMAC and the majority of affiliated entities to 'BB+' from 'BBB-'. The Rating Outlook for GM remains Negative.via
Outdoor Oasis, Always in Style Creating an outdoor oasis is touted as the second most popular home remodel behind a kitchen makeover.read more...
Mortgage applications fall to late May level; July median price up 14% (Baltimore Sun) Higher home prices blamed for slowing sales Mortgage applications declined last week to the lowest level since the end of May as fewer people bought homes or refinanced,
HSBC a canary in US mortgage mine (The Australian) A US operation of British bank HSBC will provide this week an early look at what could be in store for US mortgage lenders.read more...
Mortgage lending growth slows (Reuters.co.uk) LONDON (Reuters) - Underlying net mortgage lending rose by 5.4 billion pounds in September, the smallest increase in five months, after a strong rise in August, the British Bankers' Association