Mortgages News

Joe Murphy and Martin Bentham, Evening Standard13 October 2008, 2:16pm Vote The Prime Minister today moved to reassure the City of London that its success is still a priority for the Government. In charge: Gordon Brown arrives at Canary Wharf today to address banking chiefs WANT TO KNOW MORE? How Brown is really coping with the crisis POLL: Which politician is best equipped to solve this financial crisis? OTHER STORIES Bailout sees bank shares rise as Darling makes ta ...

Jonathan Prynn and Paul Waugh, Evening Standard13 October 2008, 4:24pm A wave or relief surged through the City this afternoon after three high street banks were effectively nationalised. Monday bounce: City traders were boosted by the Government's intervention today WANT TO KNOW MORE? Banks get £40bn as bosses give up bonuses OTHER STORIES RBS' Sir Fred Goodwin falls on his sword Market report: Monday latest Brown assures City success is still top priority PM ...

Stephen Womack, Mail on Sunday13 October 2008 Vote | Quiz | Calculate Pension savings have been hit by tumbling stock markets over the past month. Hands on: There's a move towards individuals taking responsibility for their own retirement WANT TO KNOW MORE? QUIZ: Pensions POLL: Who is responsible for the pensions crisis? OTHER STORIES Market storm batters final salary pensions Crash may put back retirement five years Suspend annuity rules, says Cameron Where has ...

Nicholas Cecil, Evening Standard13 October 2008, 2:16pm Mortgage chiefs today branded a key plank of the Government's bank rescue plan 'undesirable' and unlikely to happen. Imprudent: Mortgage lenders gave a lecture on prudence WANT TO KNOW MORE? Has your mortgage rate been cut? Interest rates: News and predictions OTHER STORIES Banks get £40bn as bosses give up bonuses RBS' Sir Fred Goodwin falls on his sword Market report: Monday latest 'New boss' Brown chee ...

Stephen Womack, Financial Mail13 October 2008 The surprise half-point cut in the cost of borrowing last week was good news for millions of homeowners who should see their mortgage bills drop in the months ahead. Delight: James Staunton has a tracker mortgage WANT TO KNOW MORE? Interest rates: News and predictions OTHER STORIES Five ways to target cheaper property Buy-to-let new-build flats see biggest falls Has your mortgage rate been cut? Lender pulls first-time bu ...

Evening Standard13 October 2008, 3:23pm Spanish banking giant Santander today moved to shore up the finances of its UK High Street financial services chains Abbey and Alliance & Leicester with a £1bn cash injection. Spanish silver: Santander-owned banks Anney and Alliance & Leicester will not have to used Government cash WANT TO KNOW MORE? RBS landed with £600m bill HBOS shares plummet OTHER STORIES HBOS shares plummet as Lloyds halves bid Ma ...

Evening Standard13 October 2008, 3:02pm The frozen money markets today showed tentative signs of thawing as central banks and governments around the world battled the financial crisis. Interbank lending: The Libor rate has fallen slightly WANT TO KNOW MORE? Libor's the real figure to watch Will move fire interbank lending? OTHER STORIES Banks get £40bn as bosses give up bonuses RBS' Sir Fred Goodwin falls on his sword Market report: Monday latest 'New boss' Br ...

Robert Lea, Evening Standard13 October 2008, 2:34pm Data The stock Market crash will end tomorrow at 3.30pm. And, with armageddon averted, there will be a rally of up to 50% by next March. Upturn?: Traders will hope the prophecy comes true WANT TO KNOW MORE? It's worse than you think, says chartist Manic Monday buying is relief for dealers OTHER STORIES Banks get £40bn as bosses give up bonuses RBS' Sir Fred Goodwin falls on his sword Market report: Monday late ...

NEW YORK NEW YORK, Oct 13 (Reuters) - U.S. stocks headed for a sharply higher open on Monday as a push by governments around the world to pump money into the clogged banking system sparked relief among investors and credit markets showed signs of loosening up. Stock markets leaped in Asia overnight and again in Europe, where the FTSEurofirst 300, an index of leading European shares, shot up more  ...

The UK and other governments are taking large, at times controlling, stakes in troubled banks, and they are to guarantee loans between banks to revive confidence in the banking sector and kick-start the stalled mortgage and corporate lending markets. So have the concerted action by the UK and European governments delivered the silver bullet? The initial market reaction - UK and European stock markets rose during early trading on Monday and oil prices gained on hopes of an economic revival - su ...