Lender B&B braces itself for increase in mortgage arrears (Edinburgh Evening News)
BRADFORD & Bingley said today it was braced for modest increases in levels of mortgage arrears, but ruled out a surge in the number of homeowners in trouble.
via
Better Info on Mortgage Risks Federal regulators need to do a better job of explaining to people the workings and potential risks of interest-only and other nontraditional mortgages, congressional investigators said Wednesday.read more...
Stock markets finish higher, investors look for reassurance from U.S. jobs data The Toronto stock market clawed back another chunk of last week's big losses for a third day in a row Thursday with leadership supplied by energy, tech and financial stocks.Commentread
Mortgage rates steady to higher in latest week (Market Watch) CHICAGO (MarketWatch) -- Average mortgage rates rose for the first week in three, Freddie Mac's latest survey showed Thursday.read more...
If You Have an Adjustable Rate Mortgage, Why You Need to Refinance Now When you signed up for that adjustable rate loan a few years back, it probably seemed like a deal too good to pass up.Commentread more...
Leeds Building Society launches new three-year fixed-rate ISA and mortgage (Banking Business Review) Leeds Building Society has launched a new three-year fixed-rate ISA and TOISA paying 5.20%, and a new three-year fixed-rate mortgage at only 5.29%.read more...
ADV: Find Great Travel Deals Compare deals from all the web's top travel sites with just one search at Kayak.com!via