Mortgages News

Geoff Foster, Daily Mail5 February 2009, 8:17am Sky-high expectations that Mervyn King and his chums at the Bank of England will today sanction a further half a percentage point cut in interest rates to an all-time low of just 1% left the Footsie in fine fettle. Rumour: Traders were confident rate would fall WANT TO KNOW MORE? Stock market report: Thuersday preview Newspaper and magazine share tips OTHER STORIES Stock market report: Thuersday preview Stock market  ...

By Hideyuki Sano GIFU, Japan, Feb 5 (Reuters) - Bank of Japan Policy Board member Atsushi Mizuno said on Thursday the central bank should be ready to act swiftly and implement what may be seen as abnormal policy steps as the already-fragile economy appears to be making a hard landing. The BOJ has taken various unconventional steps to support the economy, which has taken a beating as globa ...

Daily Mail5 February 2009 Vote | Data Most homeowners will not save a penny on their mortgage if the Bank of England reduces the base rate again today because many lenders are refusing to pass on the cuts. No shelter: Lenders are not passing rate cuts to majority of homeowners WANT TO KNOW MORE? Interest rates: News and predictions Make overpayments as mortgage rates fall POLL: How low do you think rates will go? OTHER STORIES Make overpayments as mortgage rates f ...

By Hideyuki Sano GIFU, Japan, Feb 5 (Reuters) - Bank of Japan Policy Board member Atsushi Mizuno said on Thursday the central bank should be ready to swiftly implement what may be seen as abnormal policy steps as the already-fragile economy appears to be making a hard landing. Japan, the United States and the euro zone are all in recession and seem to be facing a protracted downturn due t ...