Mortgages News

NEW YORK (MONEY Magazine) - In the past decade, we've ridden two jaw-dropping bull markets. First came stocks. Now real estate is the bubble du jour. It's tempting to think of these different assets as sitting on a seesaw, with one naturally rising as the other falls. But listen to bond market heavyweight Bill Gross and you might start to think of your investments as being spread ac ...

Dan Atkinson, Financial Mail18 December 2005 MASSIVE lending to American companies and households could return to haunt British institutions, says the Bank of England. OTHER STORIES Taxman to grab fresh powers Tobacco giants face smuggling fines Market report: Friday close NTL ready to boost offer for Virgin Mobile Under siege: rescue plan for pensions THE EDITOR'S CHOICE TO ...

Richard Dyson, Financial Mail18 December 2005 THE biggest mortgage lenders could bank more than £100m in extra profits next year from new fees on borrowers - though most customers will not even notice. OTHER STORIES Blow your bills away Property 'back on track' for 2006 New on the market House sales lowest for 30 years Home-sellers protected from double fees USEFUL LINKS GUIDES: Homes, loans and more BOARDS: Mortgage chat EXPERTS: Need advice? TABLES: Cheapest mortga ...

The outlook for housing markets in the US and UK and their impact on the wider economy provide an important theme for this week’s data releases. The link between property prices and wider economic activity is increasingly recognised by policymakers as a crucial factor for decisions on interest rates. // The downturn in the UK housing market this year contributed to weakness in consumer spending and is a big factor in sub-trend growth in the economy. How well the market and consumer spending wil ...

Next year could see interest rates tumble, analysts have predicted. Ray Boulger, senior technical manager at mortgage broker John Charcol, believes that 2006 could see interest rates fall to under four per cent. "To achieve the desired impact on the economy, [Bank of England] base rate nearly always needs more than one movement so we expect a number of cuts in 2006," he explained. "The Bank of  ...