Mortgages News

Simon Lambert, This is Money24 June 2006 AN INVESTIGATION into the cost of mortgage exit fees has highlighted the need for borrowers to check for hidden catches. WATCH OUT: Be sure to check the fine print of your mortgage agreement WANT TO KNOW MORE? DEAL FINDER: A new mortgage BLOG: Editor Andrew Oxlade's exit fee fiasco OTHER STORIES Beat the second-home tax trap Equity release costs in old age New on the market Can I get short-term auction cash? Can you buy your ...

Simon Lambert, This is Money23 June 2006 FOR a nation where a person's home is often considered their castle it should come as no surprise that owning more than one is becoming more commonplace. HOME AND AWAY: Second home ownership has risen dramatically but many people do not realise they can minimise their capital gains tax WANT TO KNOW MORE? REPORT: 600,000 Brits own second home ASK THE EXPERTS: Holiday home IHT snag GUIDE: Capital gains tax advice ASK THE EXPERTS: Cap ...

Thu 22nd Jun 2006 A new Alliance & Leicester Two-year Base Rate Tracker mortgage has officially become available today as a new range of mortgages was unveiled. Customers of the new Alliance & Leicester Two-year Base Rate Tracker mortgage can borrow up to 95 per cent of a property's value at a rate which tracks the Bank of England base rate for two years. The new mortgage product has fu ...

By Louise Heavens LONDON (Reuters) - The FTSE 100 index lost much of its earlier gain on Thursday after British Airways extended its losses, with investors disappointed by news that Britain and the United States are investigating air travel prices. Shares in BA (BAY.L: Quote, Profile, Research) ended down 5.9 percent at 346 pence, just off their lowest level for the session at 344-1/2p, after the airline said the Office of Fair Trading and the U.S. Department of Justice are probing alleged ca ...

This is Money22 June 2006 BRADFORD & Bingley today reported a sharp increase in the number of claims for alleged mis-selling of endowment and investment products. The mortgage bank said the rise, revered the downward trend seen in the second half of 2005. WANT TO KNOW MORE? REPORT: Stop the endowment clock DEALS: Find a better mortgage OTHER STORIES BA faces 'cartel' investigat ...

Liz Phillips, Dail Mail22 June 2006 HOMEOWNERS have swopped allegiance from fixed-rate mortgages to trackers in the past month as the price of fixing has shot up. WANT TO KNOW MORE? DEALS: Find your ideal mortgage from the hundreds on offer OTHER STORIES Can you buy your child a home? Equity release costs in old age New on the market Score big on World Cup homes Homeloans continu ...

Justin Harper, Daily Mail21 June 2006 SOARING property prices are causing many parents to worry whether their children will ever be able to buy their own home. Some are buying houses for children heading for university. FIRST HOME: But when the kids grow out of the tree house things will become more expensive WANT TO KNOW MORE? SPECIAL REPORT: First-time buyers DEAL FINDER: Search the best mortgage deals GUIDES: Buy-to-let advice OTHER STORIES Equity release costs in  ...

The number of new homes being built in the US grew by 5% in May after three months of declines. The figure had been expected to remain relatively unchanged from April but demand for apartments and houses grew. Analysts said an unusually dry spring had encouraged construction, leading to the annual rate of properties being built rising to 1.96 million units. But they warned construction was likely to slow down as rising mortgage rates cooled the housing market. Rates have been steadily increa ...

Simon Lambert, This is Money20 June 2006 THE strongest May mortgage lending since records began saw £28.7bn worth of homeloans advanced as consumer confidence surged. GOING UP: Homebuyers helped drive mortgage lending in May to record levels for the month WANT TO KNOW MORE? REPORT: Buy-to-let investors face curbs DEAL FINDER: Hunt out the best mortgages GUIDES: How to buy and sell a home OTHER STORIES Equity release costs in old age Score big on World Cup homes  ...

CHICAGO (Dow Jones) -- The strength of the economy and the job market helped residential delinquency and foreclosure rates decrease during the first quarter of 2006, according to the Mortgage Bankers Association's quarterly survey, released Monday. The seasonally adjusted delinquency rate for mortgage loans on one- to four- unit residential properties dropped to 4.41% in the quarter, down from  ...