Mortgages News

Richard Dyson, Mail on Sunday14 January 2007 Long-standing Norwich Union policyholders may receive smaller windfalls than those who bought plans more recently, if the proposed distribution of the insurer's £4bn of inherited estate - the surplus in its with-profits fund - goes ahead. WINDFALLS: Norwich Union wants to redistribute surplus with-profits funds but long-term policyholders may miss out WANT TO KNOW MORE? Q&A: Norwich Union windfalls BLOG: Richard Dyson at t ...

Dan Atkinson, Mail on Sunday14 January 2007 Britain's battered manufacturing industry, already reeling from last week's shock rise in the Bank Rate, faces another rise in borrowing costs, according to leading economists. WANT TO KNOW MORE? REPORT: Bank shocks with rate rise TIPS: Remortgage to beat the rise OTHER STORIES Betting merger mania on cards Market report: Friday cl ...

Stephen Womack, Mail on Sunday14 January 2007 Police forces are acting as unofficial claims chasers, giving accident victims details of a legal helpline, which then sells on profitable injury cases to solicitors. WANT TO KNOW MORE? REPORT: Insurers sell victims' details HELP & ADVICE: Insurance news and features DEAL FINDER: Find cheaper car insurance OTHER STORIES Halifax raises mortgage rate Market report: Friday close ICICI savings rate up to 5.65% Sky f ...

Property has replaced pensions as the investment choice for millions. The upward trend in house prices and the Chancellor's inflexibility in forcing annuity purchases have given a massive boost to buy-to-let.Nationwide, the UK's largest building society, say that house prices jumped 10.5 per cent last year. A typical home is rising £45 a day in value and is now worth £173,746.It predicts that hous ...

Simon Lambert, This is Money12 January 2007 Britain's biggest mortgage lender Halifax has raised its mortgage rate following the Bank of England's shock interest rate rise. RATE RISE: Halifax has upped its mortgage rate in line with the Bank of England's rise WANT TO KNOW MORE? ADVICE: Remortgage to beat the rise TIPS: Five step mortgage makeover DEAL FINDER: Search for a cheaper mortgage OTHER STORIES Remortgage to beat the rise New on the market Five-step ...

This is Money12 January 2007 Friends Provident has made small increases to bonus rates for some with-profits policyholders - but the majority will see no immediately benefit despite a healthy investment return, it was announced today. WANT TO KNOW MORE? MORE: NU casts doom for endowments REPORT: Tracking down your lost money ENDOWMENTS: Time to take a stand OTHER STORIES ICICI sav ...

Simon Lambert, This is Money12 January 2007 Thousands of people will be looking to remortgage after the shock bank rate rise but the million dollar question is: Where to turn? BIG BILLS: The third rate hike in six months has hit hard but remortgagers can bag a good deal WANT TO KNOW MORE? TIPS: Five-step mortgage makeover CALCULATOR: Monthly interest DEAL FINDER: Search for a cheaper mortgage OTHER STORIES Experts warn on mortgage crisis New on the market Five-step ...

CALABASAS, Calif. (AFX) - Mortgage lender Countrywide Financial Corp. said Friday mortgage loan fundings dropped 7 percent to $42 billion in December from the year-ago period. Monthly purchase volume fell 20 percent to $17 billion. Home equity loan fundings declined 19 percent to $3.3 billion, while nonprime loan fundings slipped 16 percent to $3.7 billion. Average daily mortgage loan applicatio ...

The Nationwide building society has become the first major lender to respond to yesterday's surprise rise in interest rates by the Bank of England. From 1 February, the lender will raise its savings and mortgage lending rates by a quarter of a percentage point. This will affect all Nationwide's variable rate policies and accounts. Nationwide's base variable-mortgage rate will go up to 6.74%, an ...

LONDON (AFX) - UK blue chips remained under pressure at midday, reversing earlier gains, with a modest recovery in oil prices and a raft of positive comment broker failing to offset losses among mining stocks, while Wall Street is seen opening lower ahead of crucial economic data, dealers said. At 12.02 am, the FTSE 100 index was down 9.5 points at 6,222.6, having earlier hit a session high of 6, ...