Mortgages News

Michael Clarke, This is Money30 December 2006 The stock market and residential property experienced near identical growth in 2006, in what was an excellent year for both asset classes. WINNING SHARES: Shares just pipped property in 2006 WANT TO KNOW MORE? DATA: All the latest market data HOUSE PRICES: The latest news ADVICE & TIPS: Investing READER SERVICE: Share dealing VOTE: What will happen to house prices in 2007? POLL: Where will the FTSE 100 be at the end of 2007 ...

LONDON (AFX) - The average house price in the UK for first time buyers rose 11 pct in 2006 from 2005, according to research published by Halifax. In its annual review, Halifax said first-time home buyers are now paying an average price of 151,565 stg, up from 137,122 stg in 2005. In London, buyers paid just over 250,000 stg for their first home. The figures echo similar surveys showing that the ...

LONDON (AFX) - European government bonds added to their morning gains in a quiet market at the end of the year. Bond prices had risen at the open this morning mildly recovering losses sustained over the past three weeks. An unexpected fall in the German GfK consumer climate indicator this morning was neutralized by higher-than-expected money supply growth figures for the euro zone. Euro zone M3 ...

Dick Murray, Evening Standard29 December 2006 A chief passenger watchdog has launched a stinging attack today on massive public transport fare increases. WANT TO KNOW MORE? Rail fare rises set to bust inflation Tube and bus fares to soar OTHER STORIES Record levels for bad debts Mortgage lending hits new record Market report: Friday close Crush hour in the sales Pensions gap  ...

Fri 29th Dec 2006 Leeds Building Society has announced a January sale of its own with savings to be made on the Leeds three-year fixed-rate mortgage. The mortgage lender announced that from Tuesday, January 2nd, the Leeds three-year fixed-rate mortgage rate will have its completion fee slashed to £335. A free standard valuation worth up to £335 will also be added to the Leed ...

Fri 29th Dec 2006 A special offer has been announced on a new Lloyds TSB Five-Year "Low Start Mortgage". The mortgage lender will offer a rate of 1.99 per cent until February 29th 2008 on the Lloyds TSB Five-Year "Low Start Mortgage", after which it will move to a rate of 5.99 per cent for the next four years. Following the full term of the Lloyds TSB Five-Year "Low Start Mortgage", the ...

(Updating to add that Nov mortgage lending was revised up and was a record high) LONDON (AFX) - UK mortgage approvals rose further during November, reaching their highest level in five months as mortgage lending reached a record high, a leading industry group said. The British Bankers' Association said mortgage approvals for house purchase rose to 77,788 in November from 74,997 in October, the h ...

LONDON (AFX) - UK mortgage approvals rose further during November, reaching their highest level in five months as mortgage lending increased sharply, a leading industry group said. The British Bankers' Association said mortgage approvals for house purchase rose to 77,788 in November from 74,997 in October, the highest level since June. The value of approvals for house purchase also jumped to 11. ...

NEW YORK (AFX) - Mortgage lenders and realtors may be in the spotlight Thursday when the National Association of Realtors reports November existing-home sales statistics and prices. After a slide of more than a year, the housing market is poised to bottom in the next few months, some home builders and economists predict. On Wednesday, the Commerce Department reported sales of new homes rose 3.4  ...

This is Money28 December 2006 The typical cost of a home rose by 10.5% last year after another sharp jump in December house prices. FOR SALE: House prices rose again in December WANT TO KNOW MORE? DATA: Check out the latest house price data DEAL FINDER: Cheap mortgages REPORT: Property boom set for 2007 POLL: What will happen to house prices in 2007? OTHER STORIES Barclays hit by Xmas email scam Market report: Thursday preview Brawling over the bargains Fat cat bo ...