Mortgage of the Week (Mortgage Introducer) The Nationwide Building Society is offering a two-year fixed rate deal at a rate of 4.65%, reverting to the standard variable rate for the remaining term of the mortgage, currently
Wash away blahs with new shower curtain Tired of staring at that boring old plastic shower curtain every time you bathe? Maybe it's time to breathe new life into your bathroom with some pastel cotton lace or
Pure Gold Coin for Investors and Collectors I heard about this on the Marketplace Morning Report this morning, and I'm interested.read more...
Bank Numbers Adding Up First-half profits at HBOS rose 15% and the bank has increased its planned share buyback for the year by one-third to 1bn.read more...
A&L mortgage lending drops sharply (ShareCast via Yahoo! UK & Ireland Finance) LONDON (ShareCast) - Alliance & Leicester's said mortgage lending was down sharply in the first four months of the year as it wrote
Mortgage seekers finding lower rates A dip in mortgage rates may send some homeowners and potential buyers looking for loans.read more...
“It’s things happening further upstream that’s making people nervous.”
Wall Street finished a dismal week with a mixed performance Friday as investors grappled with fears about the insurers of distressed mortgage-backed bonds and anxiety about the broader economy.
The Dow Jones industrial average, which had risen in earlier trading, fell more than 60 points, while the Nasdaq composite index managed a gain.
The market has been shaken in recent weeks by uncertainty surrounding bond insurers and whether they’ll be able to handle huge losses in the value of mortgage-backed bonds. On Thursday, Moody’s Investors Service lowered its rating on the bond insurer Security Capital Assurance Ltd. Then at midday Friday, Fitch Ratings, another credit rating agency, put a series of mortgage-backed securities insured by MBIA Inc. on negative watch. Read more
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