Mortgage Broker Blog

House repossessions on the rise

admin — Fri, 21 Nov 2008 09:45:18 +0000

» Read the complete articleMore than a fifth of homes are being put up for sale because owners cannot meet their mortgage payments, a survey has found. (...)

Bank Hints At Rate Cuts – But It May Not Help Mortgages

admin — Fri, 21 Nov 2008 09:14:38 +0000

» Read the full storyThe Bank of England’s Monetary Policy Committee has hinted that there are further rate cuts to come in an attempt to keep the UK economy under control – but this may not help mortgage rates. (...)

Mortgage Lending Rises In October

admin — Thu, 20 Nov 2008 23:30:06 +0000

» Read the full storyMortgage lending rose by 7% in October, according to latest figures released today. (...)

Mortgage Lending Rises In October

admin — Thu, 20 Nov 2008 13:30:05 +0000

» Read the complete articleMortgage lending rose by 7% in October, according to latest figures released today. Bookmark This Post

Quick approval sought for U.S. bank bailout watchdog

admin — Thu, 20 Nov 2008 01:30:08 +0000

» Read the full storyThe Senate could move as soon as the end of the week to approve the nomination of New York lawyer Neil Barofsky as the official watchdog over the government's $700 billion bank bailout program, the chairman of the Senate Banking Committee said on Wednesday. (...)

Two Thirds of Brits Run Out of Cash Before Payday

admin — Wed, 19 Nov 2008 13:51:15 +0000

» Click here for the original articleTwo thirds of all Brits run out of cash before the end of the month as disposable income drops 29% compared to two years ago. (...)

Broker snap: Profit warning fear for L&G

admin — Tue, 18 Nov 2008 16:30:04 +0000

» Read the complete articleDespite management putting a brave face on things at Monday's investor day gathering, JP Morgan has not been dissuaded from its view that Legal and General is the UK insurer most likely to issue a profit warning. (...)

Mortgage Market Shrinks As Lender Criteria Bites

admin — Tue, 18 Nov 2008 09:05:32 +0000

» Read the complete articleThe Mortgage market is shrinking faster than ever as deals for people offering a 10% deposit have almost evaporated from the market. (...)

London trader tries life as professional fighter

admin — Tue, 18 Nov 2008 07:00:05 +0000

» Click here for the original articleSteven Hopwood has traded the cut and thrust of financial markets for the jabs and kicks of cage fighting — a fast growing mix of martial arts and an old-fashioned pub brawl. (...)

Citigroup to slash 50,000 jobs worldwide

admin — Mon, 17 Nov 2008 20:30:09 +0000

» Click here for the original articleCitigroup said Monday it would cut 20 percent of its global workforce, or some 50,000 jobs, as the US banking giant struggles with the global financial crisis and four consecutive quarterly losses. (...)