Types Of Bankruptcy

Norwich Union raises index-linked lifetime mortgage rates (Mortgage Introducer)  The annual interest rates on the index-linked lifetime mortgage will be a minimum of 4.69 per cent (4.9 per cent APR) and maximum of 9.93 per cent (10.2 per cent


More Americans using credit cards to stay afloat  "For a few years, mortgages and home equity lines replaced credit card debt. Now, we're swinging back to the credit cards." Seven years in the credit-counseling business didn't prepare


New HK mortgage loan approvals rise 30.6 pct in Aug (Reuters via Yahoo! Asia News)   HONG KONG, Sept 25 (Reuters) - New mortgage loans approved in Hong Kong last month increased 30.6 percent to HK$12.7 billion (US$1.63 billion), from July, the Hong Kong Monetary


Record mortgage lending but card debt falls (icWales)  MORTGAGE lending hit a new high during May, but consumers continued to repay their credit card debt, new figures show.read more...


Mortgage Rates Dip for 5th Straight Week   Rates on 30-year mortgages fell for a fifth consecutive week as both sales of both existing and new homes in July declined, confirming a cooling housing market.read more...


Paulson Seeks to Tame Mortgage Market Excesses  Treasury Secretary Henry M. Paulson and top economic policy makers released a blueprint for avoiding a recurrence of the credit crunch, including 'strong nationwide licensing standards' for mortgage brokers.

March 3rd, 2007

Recession Unlikely, Economists Say

Alan Greenspan and the Wall Street nosedive aside, economists think the probability of a U.S. recession this year is fairly low and the likelihood of one in China is even slimmer.
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