Mortgages News

This is Money22 July 2006 FIRST-time buyers are feeling increasingly confident about the property market, with nearly half saying they would not offer the full asking price straight away, a survey showed today. MORE CONFIDENT: First-time buyers are offering less than the asking price WANT TO KNOW MORE? DEAL FINDER: Mortgages OTHER STORIES Five steps to an overseas home Boycott home packs, say agents New on the market Eviction that's no game show Millions wasted on ho ...

Resource stocks declined in London on Friday, with both miners and oil firms under pressure as commodity prices backed away from recent highs. Diversified mineral extractors BHP Billiton (BHP) , Rio Tinto (RTP) , Anglo American (AAUK) and copper miners Antofagasta, Xstrataand Vedanta Resourcesall traded lower as metal prices slipped from highs. The gold contract for August delivery shed $3 t ...

Fri 21st Jul 2006 The Leeds Building Society has launched its new options bond which will pay out up to nine per cent interest. Customers can benefit from a guaranteed rate of interest while also taking advantage of the growth potential of the stock market. Minimum investment in the Leeds Building Society Options Bond is £5,000 and customers could see a return on their investment  ...

By David Burrows LONDON (Reuters) - Would-be homebuyers should be careful not to over-borrow on their mortgages, experts warn, as the booming market in home loans becomes the latest factor adding to pressure for an early rise in interest rates. Record mortgage lending figures may be good news for a resilient housing market and estate agents, but could be the catalyst that forces the Bank of Engl ...

NEW YORK (Dow Jones) -- While most diversified and regional banks showed strong profit growth in the second quarter, the pinch of rising interest rates and a slowing housing market is being felt across the banking business. The big money-center banks weathered rising interest rates and stretched-out consumers, and they even managed to profit substantially from a favorable market environment in  ...

BOSTON (Dow Jones) -- D.R. Horton Inc. and M.D.C. Holdings Inc., two key home builders, reported quarterly net income fell 21% and 25% in another strong sign that the best days for the U.S. housing market are behind it. For the third quarter ended June 30, D.R. Horton (DHI) earned $292.8 million, or 93 cents a share, versus $371.7 million, or $1.17, in the year-earlier period .Wall Street analy ...

This is Money20 July 2006 MORTGAGE lending reached a record high during June on the back of the housing market revival, figures showed today. HOT PROPERTY: Homeloans hit a record high in June according to the Council of Mortgage Lenders WANT TO KNOW MORE? REPORT: Homeloans misery looms DEAL FINDER: Search for a mortgage deal GUIDES: Mortgage advice OTHER STORIES Five steps to an overseas home Millions wasted on home packs New on the market Homeloans misery looms  ...

Brian O'Connor, Daily Mail20 July 2006 FEDERAL Reserve chairman Ben Bernanke has not exactly been the markets' flexible friend since he was chosen to succeed the long reigning Alan Greenspan last October. But his prediction that US inflation would fall was just what dealers wanted to hear. OTHER STORIES Market report: Wednesday close Top of the investment class A busted flush? Standar ...

Simon Lambert, This is Money20 July 2006 AS holidaymakers relax on a foreign terrace this summer conversation will inevitably touch on how nice it would be to own a place in the sun. BUY IN SPAIN: But do your homework first OTHER STORIES Millions wasted on home packs Homeloans misery looms New on the market Sellers victory over estate agents Home-info pack plan in disarray USEFUL LINKS GUIDES: Homes, loans and more BOARDS: Mortgage chat EXPERTS: Need advice? TAB ...

Wed 19th Jul 2006 Interest rates on the Yorkshire Building Society Internet Saver Account will be increased next month, the society has announced. Rates are set to rise from 4.6 per cent to 4.85 per cent per annum and the gross rates are guaranteed to at least match the Bank of England base rate. Customers of the Yorkshire internet account can invest anything from £1 to £1 m ...