Mortgages News

Simon Lambert, This is Money14 October 2006 The battle for Britain's homeloans has stepped up a gear, but while borrowers have never had so much choice the homeloans market has never been more complicated. CONFUSING: Mortgage fees continue to rise WANT TO KNOW MORE? DEAL FINDER: Search for a mortgage TIPS & ADVICE: The latest on mortgages BLOG: First-time buyers taking a risk OTHER STORIES Can you be a money expert? Prices rise as gazumping returns New on the  ...

Simon Lambert, This is Money14 October 2006 When it comes to managing their finances This is Money readers can be a savvy bunch. THE KNOWLEDGE: Have you got a solution that could make you a money expert OTHER STORIES Navigating the mortgage maze Prices rise as gazumping returns New on the market Mortgage rates muddle The eternal mortgage trap USEFUL LINKS GUIDES: Homes, loans and more BOARDS: Mortgage chat EXPERTS: Need advice? TABLES: Cheapest mortgage rate ...

LONDON (AFX) - Leading shares pushed ahead in midafternoon deals, with firm metal and mining stocks, another day of M&A speculation and a positive start by Wall Street helping to push the FTSE 100 index to within a whisker of fresh 5 year highs, dealers said. By 3.05 pm, the FTSE 100 index was up 32.90 points at 6,106.40, just below its highest levels since early 2001, while the broader indic ...

Thu 12th Oct 2006 The Alliance & Leicester buy-to-let and self-certified mortgages have been revised, offering customers an improved deal. The bank now provides 115 per cent buy-to-let mortgage rental cover on three separate tracker products as well as the three-year fixed product. Allied to this, a £100 bonus procuration fee is given to customers whose application is carried thro ...

This is Money12 October 2006 Northern Ireland's 'Big Four' banks were condemned today for imposing higher charges and paying lower levels of interest to personal customers – taking advantage of a lack of rivals. LACK OF RIVALS: The Northern Irish Big Four banks have imposed higher charges while delivering worse service WANT TO KNOW MORE? REPORT: Banks to be probed on charges TIPS : Ten steps to reclaim bank charges SAVINGS FINDER: Find the best savings rate  ...

MCLEAN, Va. (AFX) - Government-sponsored mortgage lender Freddie Mac said Wednesday it priced an offering of $500 million fixed-rate, non-cumulative perpetual preferred shares at $25 apiece. The 20 million preferred shares are expected to be issued on Monday, subject to customary closing conditions. Freddie Mac will have the option to redeem all or part of the shares on or after Sept. 30, 2011 a ...

NEW YORK (Dow Jones) -- M&T Bancorp's third-quarter profit rose 10% from a year ago, when a large charge was recorded against results, the company reported Wednesday. Buffalo, N.Y.-based M&T (MTB) posted a net profit of $210.4 million, or $1.85 a share, compared to $191.1 million, or $1.64 a share, eanred in the year-ago third quarter. In the 2005 quarter, the bank said it took a charg ...

BUFFALO, N.Y. (AFX) - M&T Bank Corp., which offers commercial banking and other services in the northeastern United States, said Wednesday third-quarter income grew 10 percent, as interest income and mortgage-banking revenue rose. Profit rose to $210.4 million, or $1.85 per share, from $191.1 million, or $1.64 per share during the same period last year. Results include a charge of 4 cents for ...

CALABASAS, Calif. (AFX) - Countrywide Financial Corp., which sells and invests in home loans, said Wednesday its September mortgage loan fundings dropped 22 percent as the pace of home sales continued to slacken. Mortgage loan fundings fell to $38 billion from $49 billion a year ago. Average daily mortgage loan application activity fell 7 percent to $2.8 billion, from $3.8 billion a year ago whi ...

Wed 11th Oct 2006 The Woolwich discount tracker mortgage, dubbed the City Bonus mortgage, is to be aimed at individuals expecting a bonus in the new year. The main groups targeted by the Woolwich City Bonus mortgage will be bankers, brokers and consultants as the minimum amount customers can borrow is £500,000. A 0.51 per cent discount against the Bank of England's base rate is av ...