Types Of Bankruptcy

Ex-Fenton business owner banned from mortgage work (The Flint Journal)  A local man takes issue with being named among six Michigan people banned by state regulators from working in the mortgage industry.read more...


Interest-only mortgage may get you on the ladder, but there are real dangers (The Scotsman: Business)  HIGHER mortgage costs and rising house prices have led to an increased awareness of interest-only home loans as a way of getting on the housing ladder.read more...


When is a cash-out refinancing worth it?  Though the interest rate on a mortgage is usually lower than other forms of borrowing, closing costs may wipe out the savings, says Dr. Don.read more...


Corporation boss is out to build schools  The head of New Jersey's School Construction Corporation resignedvia


Rennie Heath Wants Builders to Be Aware  read more...


Crist plans to sign insurance bill, take ceremony to people  Gov. Charlie Crist planned to sign a bill Thursday that he and others hope will lower Floridians' property insurance costs, although it means that state could have to pay billions

January 3rd, 2008

Major banks may follow NAB rate rise

“This rate rise announced by the NAB is a direct consequence of the sub-prime mortgage crisis in the United States”

Major banks are likely to follow the lead of National Australia Bank Ltd and lift interest rates as Australian households get swept up in the global credit crisis. via The West Australian



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