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Mortgage rates down again; could dip more  Rates on 30-year mortgages declined for a third consecutive week as bond investors worried that Hurricane Katrina and soaring energy prices will slow the economy.read more...


Moving on after interest rate cut  While major lenders like Halifax, Intelligent Finance, Cheltenham and Gloucester and Northern Rock were quick to pass on the 0.25% cut to borrowers on Standard Variable Rate loans which now


As Housing Downturn Continues, Homeowners Hesitate to Remodel  Some Americans are holding off on remodeling projects as the real-estate market continues to sour, but others continue to spend. read more...


Sustainable Architecture Can Help Reduce Carbon Dioxide Emissions    Carbon dioxide is in the air like never before, but not just as measurable parts per million in the earth's atmosphere. Increasingly the subject of everyday conversation and cultural


Banks may shun mortgage lenders (The Clarion-Ledger)  For the mortgage industry, Wall Street's big investment banks might seem like a friend who disappears when the going gets tough.read more...


City Aims To Boost Housing Sales  LAKE ALFRED | As a follow-up to a roundtable discussion Lake Alfred Chamber of Commerce officials had with Realtors, home builders and developers, a citywide open house will be held

April 4th, 2008

Squeezed by the mortgage mangle (The Herald)

What a week it was. As the credit crunch morphed into the mortgage mangle, thousands of Scots whose fixed-term mortgages came to an end on March 31 really felt the squeeze.

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