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Organizers get governors' green light to free cross-border real estate investment  If things stay on track, about nine months from now, a pilot program will be launched that should make it easier for anyone to buy real estate in Mexico.via


Single-Family Housing Starts Sink to a New Low  February single-family housing starts decreased 6.7% to 707,000. Building permits fell 7.8% to a 978,000 annual rate, the lowest level since September 1991. read more...


Mortgage firm helps get loans for clients with shaky credit  When banks say 'no,' Mellissa Murphy is someone prospective homeowners can see to find a 'yes.' Murphy owns Total Choice Mortgage, a Des Moines mortgage brokerage company


Investing in a jumbo CD  Understand the minimums and the yields.read more...


Mortgage Application Demand Slips to Five-Month Low (Fox News)  Mortgage applications fell to lowest level in five months amid subprime mortgage failures.read more...


RBS posts profits hike  Royal Bank of Scotland today signalled that levels of bad consumer debt were stabilising as it posted a 14% hike in half-year profits to 3.69 billion.read more...

June 21st, 2005

A&L’s mortgage arrears cheer stems tide of bad debt fears

ALLIANCE & LEICESTER has delivered some respite from worries over bad debts by announcing that arrears on mortgages and other loans remain at low levels.

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