Mortgages News

Ruth Sunderland, Daily Mail1 December 2005 THE National Pensions Savings Scheme proposed by Lord Turner could have a devastating impact on the savings industry, putting 50,000 jobs at risk and costing UK companies £4bn a year, experts warned last night. WANT TO KNOW MORE? SPECIAL REPORT: Pensions crisis round-up REPORT: Lord Turner's recommendations OTHER STORIES ECB set for fir ...

Jane Padgham, Evening Standard1 December 2005 The European Central Bank is preparing to raise eurozone interest rates for the first time in five years today in a bid to keep a lid on inflation. WANT TO KNOW MORE? DEAL FINDER: Mortgages OTHER STORIES Savings sector in peril Market report: Thursday preview Industrial water bills set to fall MFI chief drops lossmakers as sales fall S ...

Geoff Foster, Daily Mail1 December 2005 CASH-RICH private equity firms have had hotels group De Vere on their radar for months. OTHER STORIES Market report: Thursday preview Your O2 questions answered Will you cash in on O2 bid? Smaller companies report: Weds close Footsie set to rally towards 6000 THE EDITOR'S CHOICE TOP STORY: Pensions special TOP TOOL: Save £1m for r ...

Simon Lambert, This is Money1 December 2005 EXPERTS have predicted slim pickings for the public in Monday's pre-Christmas mini-Budget as Gordon Brown attempts to balance the books. WANT TO KNOW MORE? REPORT: £2bn more in tax per week POLL: Is Gordon Brown doing a good job as Chancellor? OTHER STORIES £5.5bn bill for stamp duty Chancellor sets date for 'mini Budget' The ...

By Christopher Swann and Andrew Balls in WashingtonPublished: November 30 2005 19:01 | Last updated: December 1 2005 00:09The US economy grew by a faster-than-expected 4.3 per cent in the third quarter, shrugging aside both higher interest rates and the most damaging hurricane season in recent history. // The growth rate, which the Commerce Department revised upwards from its advance estimate of 3.8 per cent, was the strongest since the first quarter of 2004. Investment in housing, Consumer sp ...

CHICAGO (Dow Jones) - Treasurys settled into modestly lower trading Wednesday, as a more timely regional measure of inflation offset milder national consumer price statistics released earlier in the day. The bond market showed little reaction to a mixed Federal Reserve Beige Book report on economic anecdotes from around the country. The benchmark 10-year government note finished 4/32 lower a ...

Politicians and economists are divided over whether the European Central Bank should raise interest rates on Thursday. But there is agreement on one point: the effects of the planned quarter percentage point increase on the eurozone economy will be small, and will take months to feed through. // Jean-Claude Trichet, ECB president, has said the central bank has no plans to follow the US Federal Re ...

CHICAGO (Dow Jones) - Treasurys settled into modestly lower trading Wednesday after a more timely regional measure of inflation offset milder national consumer price statistics released earlier in the day. The National Association of Purchasing Management-Chicago said its business barometer slipped to 61.7 last month from 62.9 in October. The average forecast for November in a Dow Jones survey  ...

Wed 30th Nov 2005 GE Life has announced that the rate on its lifetime mortgage product will be reduced to 5.89 per cent per annum.This is a reduction from the previous rate of 6.25 per cent as GE Life is calling on "greater transparency and simplicity" in the lifetime mortgage market.Simon Little, marketing and product manager for GE Life, explained the advantages of the product: "These latest am ...

Britons could save around £850 million by switching to offset mortgages, new figures reveal. Intelligent Finance calculates that one homeowner in four could be better off with an offset mortgage, saving on average £370 on repayments in the first year alone. Offset mortgages take any money in a customer's savings and current accounts from the value of the loan. This means that someone with a £10 ...