Mortgages News

Simon Lambert, This is Money17 June 2006 WHILE the rest of the country settles down in front of the box to watch the World Cup, potential homebuyers are being urged to get house hunting and beat the market. CUP OF CHEER: Buyers hunting a new home have been urged to strike while the World Cup distracts the nation WANT TO KNOW MORE? SPECIAL REPORT: World Cup money round up DEAL FINDER: Best mortgage deals BLOG: World Cup rubbish OTHER STORIES Five steps to building a ...

Fri 16th Jun 2006 A new Leeds Building Society Online Base Rate Tracker Mortgage has been launched today. There are no higher lending charges on the Leeds Building Society Online Base Rate Tracker Mortgage and unlimited capital repayments are allowed without penalty. Base rate tracker mortgages follow the Bank of England base rates, the current base rate is 4.5 per cent and the Leeds Bu ...

PALM BEACH GARDENS, Fla. (Dow Jones) -- New trend: Using your mortgage in lieu of a low-interest savings account. We're starting to hear more talk about this type of concept. The latest incarnation acts like a home-equity line of credit that you can also use to buy a home. Macquarie Mortgages USA, Memphis, says that its "Macquarie Asset Manager," imported from Australia, can help pay down yo ...

BOSTON (Dow Jones) -- Morgan Stanley on Thursday lowered its industry view on home-building stocks to cautious from attractive, citing order declines and rising inventories, and also downgraded shares of KB Home ahead of the company's quarterly results. Analysts Robert Stevenson and Kristin O'Connor said in a research note they cut their expectations "based on our belief that operational challe ...

(AFX UK Focus) 2006-06-15 19:01 GMT: Mortgage rates rise on Fed rate worries

Thu 15th Jun 2006 Online mortgages are on the verge of take off, according to research by Direct Line Mortgages, which has announced the launch of its first online only product today. According to the research, personal contact is still important to people when they are looking for a mortgage deal, but once they have visited their mortgage broker or local bank, 52 per cent of people then ...

Simon Lambert, This is Money15 June 2006 HOUSE prices rose at their fastest pace in two years in the three months to May, but more homes being offered for sale could ease pressure on the property market. RAPID RISES: House prices are increasing at the fastest rate for two years WANT TO KNOW MORE? REPORT: First-time mortgages hit record size DEAL FINDER: Best mortgage rates OTHER STORIES Estate agents selling the moon A tax to remove your rubbish New on the market Do ...

Treasurys fell sharply Wednesday, sending yields higher, after a larger- than-expected rise in core consumer prices in May bolstered the case for the Federal Reserve to increase interest rates for a 17th time at its June meeting and raised fears of further increases beyond that. The benchmark 10-year note was last trading down 12/32 at 100-27/32. Its yield, used in setting corporate and mortgag ...

Home buyers have been stretching their finances to record levels in order to take on new mortgages, a survey says. Figures from the Council for Mortgage Lenders (CML) show that in April first-time buyers borrowed on average 3.21 times their incomes to get a loan. That was greater than the previous highest multiple set in October 2004. For all home buyers together, average loans were 3.04 times their incomes, which equalled the current record multiple set in the autumn of 2004. Fixed-rates h ...

Daily Mail14 June 2006 FIRST-TIME buyers are being forced to take out the biggest mortgages since records began, according to figures released yesterday. RECORD LOANS: The average first-time buyer's mortgage reached the highest level ever in April WANT TO KNOW MORE? DEAL FINDER: Best mortgage deals OTHER STORIES A tax to remove your rubbish Don't buy, renting is cheaper New on the market My 'sloping garden' is a cliff! Rush for pre-nuptial contracts USEFUL ...