Mortgage lending up, but market still slow (Guardian Unlimited)
Mortgage lending by banks rose in April, to reach its highest level this year, but borrowing on credit cards has fallen, according to figures published today.
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CLTs make expensive homes affordable Community land trusts make homes in expensive communities more affordable. However, there's a catch.read more...
Defence strategy to fill the gaps A "brittle" Defence Force is aiming to return its personnel numbers to full strength, without resorting to big bonuses like those being offered by its overseas counterparts.read more...
Stocks Fall On Weak Durable Goods Report NEW YORK Stocks slid further Wednesday after Federal Reserve Chairman Ben Bernanke appeared to chide investors who may have looked past concerns about inflation following Fed comments last week.Commentread more...
Fed May Finally Pause Rate Hikes Federal Reserve Chairman Ben Bernanke and his colleagues appear ready to call a halt to the longest unbroken stretch of Fed interest rate increases in recent history, providing at least
Mortgage interest rate down first time in 12 months (Globes Online) The average linked mortgage interest rate fell by 0.04% in the first half of October to 5.02%.read more...
Clinton proposes crackdown in mortgage market (Washington Post) WASHINGTON (Reuters) - With the U.S. mortgage market in turmoil, Democratic presidential front-runner Sen. Hillary Clinton on Tuesday proposed clamping down on lending abuses and providing more aid to families