Mortgages News

This is Money20 April 2006 THE rate of inflation unexpectedly fell to 1.8% in March, down from the Bank of England's target of 2% which it hit in February, official figures showed today. WANT TO KNOW MORE? TiM SERVICE: Newsflash sign-up OTHER STORIES BA slashes Europe fares by 50% Danger signals still dog housing market Market report: Thursday 09.30 Debenhams set for £3bn float ...

Thu 20th Apr 2006 The Direct Line Two-Year Fixed-Rate mortgage has been re-launched today, with an interest rate of 4.49 per cent. Fixed-rate offers for terms of three and five years were also introduced, with rates of 4.84 and 4.89 per cent respectively. The Two-Year Tracker mortgage will remain unchanged at 4.5 per cent before reverting to its level of 1.1 per cent above the Bank of E ...

UK inflation rose less than expected in March, after a dip in milk and diary goods prices and a fall in the cost of air fares, official data has shown. The Consumer Price Index (CPI), the official inflation rate, rose 1.8% last month, down from February's 2% growth. This puts inflation at its slowest pace in more than a year, and below the Bank of England's ongoing 2% target. The rate of headline RPI - which includes mortgage interest payments - remained unchanged at 2.4%. More soon.

Justin Harper, Daily Mail19 April 2006 STANDARD LIFE has finally announced its windfall shares package for more than two million eligible members. But there are still important decisions for members to make. Justin Harper answers the questions many will be asking: OTHER STORIES Market report: Wednesday 11.00 Rolls brought down to earth by BMW Irish builder still has room to grow New on the market Iran dampens Footsie progress THE EDITOR'S CHOICE TOP TIP: 15-month 0% deal i ...

WASHINGTON (Dow Jones) -- AmSouth reported earnings of 52 cents a share for the first quarter on Tuesday, as the Alabama-based lender said strong growth in loans for real estate pushed income higher. AmSouth's (ASO) net interest income rose to $397.7 million in the first quarter, or by 5.7% compared to the prior quarter. Demand for commercial real estate also strengthened, growing by 25.8% comp ...

NEW YORK (Dow Jones) -- Wells Fargo & Co said Tuesday its first-quarter profit rose 9% from the year-ago period, topping $2 billion for the first time in any quarter, as deposits rose and loan loss provisions fell, but its mortgage business slumped. Net income for the San Francisco-based bank rose to $2.02 billion, or $1.19 a share, from $1.86 billion, or $1.08 a share. Revenue rose 6% to $ ...

This is Money18 April 2006 ESTATE agents are predicting a strong rally in the housing market after Easter as prices rose for the fifth month in a row during March, figures showed today. OTHER STORIES Stamp duty gift turns sour Go West for house price rises New on the market Lenders' thumbs-down for Hips Home sales are ready to roll USEFUL LINKS GUIDES: Homes, loans and more BOARDS: Mortgage chat EXPERTS: Need advice? TABLES: Cheapest mortgage rates HAVE YOU ...

LONDON (Reuters) - Average asking prices on a home rose 4.1 percent on a year ago in the period from mid-March to mid-April, down slightly from 4.3 percent in the preceding 30-day period, a survey showed on Tuesday. Property website Rightmove said asking prices rose 1.1 percent from the prior period after a previous 0.9 percent gain, taking the new average price to 205,674 pounds. Those changes are not adjusted to reflect seasonality in the market. The data are the latest to suggest the proper ...

WASHINGTON (Dow Jones) -- Regions Financial Corp.'s earnings rose 22% in the first quarter, sending shares of the Birmingham, Ala.-based banking and financial services company higher in Monday morning trading. Regions (RF) net reached $294.7 million, or 64 cents a share, up from $241.6 million, or 51 cents a share, in the year-ago period. Shares of the lender were as high as $35.84, up 48 ce ...

SAINSBURY'S Bank has launched a credit card offering zero per cent interest for 12 months. The card is available until 31 May and also has a low lifetime rate of 5.94 per cent for balances transferred within the first six months. It will not charge a fee for transferred balances. SAVERS in the northwest have one of the highest balances in their fixed-rate ISAs in the UK. Research by Halifax found ...