Mortgages News

LONDON (AFX) - Standard & Poor's Ratings Services assigned a preliminary 'AAA' rating to Programa C¿dulas TDA's A5 series fixed rate notes worth 1 bln eur, further issuance of A4 series notes worth 0.375 bln eur and A6 series worth 1.375 bln eur. Programa C¿dulas TDA is an open fund that may issue six series, A1 through A6. It has already issued A1, A3, A4, and A6 notes. Underl ...

LONDON (AFX) - Leading shares are tipped to open flat as further jitters in Asia ahead of key US retail data and the double distraction of the Cheltenham Festival and Cricket World Cup counter a turnaround on Wall Street overnight, dealers said. According to CMC Markets, the FTSE 100 is seen opening around 2 points firmer at 6,235 after closing yesterday 11.9 lower at 6,233.3. Meanwhile, Wall St ...

LONDON (AFX) - US SUMMARY: Stocks gains; oil down, gold lose safe-haven appeal Index Points change Pct change DJIA 12318.62 +42.30 +0.34 NASDAQ 2402.29 +14.74 +0.62 S&P 500 1406.60 +3.75 +0.27 Dow Future 12313.00 +25.00 +0.20 (1603 ET) Nasdaq Future 1756.25 -1.50 ...

Jo Thornhill, Mail on Sunday13 March 2007 Homebuyers - particularly cash-strapped first-time purchasers - are appealing to Gordon Brown to review stamp duty in the Budget next week as soaring property prices catch increasing numbers in the tax net. REGENERATION BARGAIN: Carl Chouler avoided stamp duty by buying in a regeneration area WANT TO KNOW MORE? PROPERTY: New generation stuck on homes HOUSE PRICES: Shortage pushes homes up £3,500 MORTGAGES: Find a mortgage deal ...

WASHINGTON (AP) - With concern building over troubles in the mortgage industry, a liberal think tank on Monday said the federal government should take new steps to protect low-income homeowners at risk of foreclosing. The Center for American Progress said the government should consider grants to expand mortgage aid and foreclosure prevention programs for families falling behind on their monthly p ...

12 March 2007 I live with my partner and child in my partner's house. He has the mortgage - I am not on it at all. I have a flat with around £50,000 equity in it and a capital and repayment mortgage at 6%, paying £350 per month. If I were to rent it out I would need to find an extra £68 to cover management fees, insurance, mortgage etc. DILEMMA: Is it possible to stay on the property ladder if the sums don't seem to add up? WANT TO KNOW MORE? TOP TEN: Proper ...

LONDON (AFX) - The yen strengthened and the pound was sold off as investors unwind their carry trades -- where money is borrowed in low-yielding countries to be invested in economies with higher returns. Although the yen was weaker this morning after robust US data on Friday, investors are worried about the level of risk in the global economy, particularly after the Chinese trade surplus came in  ...

Jo Thornhill, Mail on Sunday12 March 2007 Betty and Ted Trowbridge love their home on the Isle of Wight. The couple retired there 20 years ago after running a pub for many years in Oxfordshire. Now Betty, 74, and Ted, 83, are keen to carry out home improvements and upgrade their car. DIGGING IN: Betty and Ted Trowbridge love their home but need extra cash WANT TO KNOW MORE? EQUITY RELEASE: A costly choice? ADVICE: What to ask on equity release RETIREMENT: Pensions news and ...

Jo Thornhill, Mail on Sunday12 March 2007 Feelings of shame and a lack of knowledge about where to get advice on debt are two of the main obstacles preventing those with money problems seeking help, according to new research. WANT TO KNOW MORE? EXTERNAL LINK: Citizen's Advice EXPERTS: Visit our debt expert's section TIPS: Bankruptcy or an IVA? OTHER STORIES Bailiffs free to ente ...

LONDON (AFX) - US SUMMARY: Stocks end Friday mixed; bonds fall on signs of economic stability, oil down Points change Pct change DJIA 12276.32 +15.62 +0.13 NASDAQ 2387.55 -0.18 -0.01 S&P 500 1402.85 +0.96 +0.07 Dow Future 12288.00 +8.00 +0.07 (1615 ET) Nasdaq Future 1749.00 +1.25  ...