By Jane Croft, Retail Banking Correspondent Arrears and repossessions among prime mortgage borrowers jumped sharply in the second quarter, according to a report by Moody’s which suggests that home loans are deteriorating...
CREDIT Union Australia (CUA) will follow the big four banks in passing on the full 25 basis point cut to its standard variable mortgage rate following the Reserve Bank of Australia's (RBA) cut to the official cash rate on...
SBA Deputy Director Tours Buffalo Disaster Assistance Customer Service Center; Supports Its Mission WASHINGTON, Sept. 4 /PRNewswire-USNewswire/ -- U.S. Small Business Administration Deputy Administrator Jovita Carranza...
Why home prices could drop 25% more on average before the market finally hits bottom As Washington policymakers struggle to keep the U.S. out of recession, the swirling confusion over the housing market is making their...
score. Once you have a foreclosure in your credit record, it may be impossible for you to get another home loan. If your house is foreclosed, your lender will evict you and eventually sell the house you have worked hard...
Sep. 5, 2007 (Allthingsforex.com) – Inflation and consumer spending data from major economies around the globe will take the center stage in the week ahead. In preparation for the new trading week, here is a quick look...
BROWN LOSES BATTLE OVER ENERGY REBATE The Prime Minister has admitted that his plans to force Britain's energy firms to fund a one billion pound cash rebate for poor families have failed. UNILEVER APPOINTS OUTSIDER AS...
actually decide to buy a house of their own. The General Guideline According to real estate agents and experts, prospective homeowners are capable of getting and paying for a property that costs two hundred and fifty per...
You already know that the housing crisis has wreaked havoc with the economy and financial markets, not to mention the lives of millions who've lost or could lose their homes. But there may be a less obvious casualty too:...
THE big banks are earning nearly $225,000 a day by refusing to deliver the Reserve Bank's interest rate cut to thousands of credit card customers. The major banks have not reduced credit card rates, despite the rush to...