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.
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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