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Equity Mortgage Rates Newsequity mortgage ratesFor German corporate events diary double-click on [WEU/EQUITY] UPCOMING ECONOMIC INDICATORS GMT MEDIAN DATE GMT/LOCAL INDICATOR PERIOD F/CAST PRIOR 21-26NOV HICP prelim m/m (harmonised index of Nov -0.3% consumer prices) 21-26NOV CPI m/m preliminary ... Read moreDIARY - Germany - to December 19 - ReutersOwners of properties worth half a million pounds or more are releasing equity from them in far greater numbers, despite an overall slowdown in the equity release market. Key Retirement Solutions, an equity release adviser, says it has seen a 26 per ... Read moreWealthy homeowners flock to release equity - Financial TimesMounting problems in the buy-to-let market could leave as many as 40% of landlords in negative equity by the middle of next year, according to a new report. Ratings agency Standard & Poor has said that landlords who entered the market in the past two ... Read moreNegative equity may hit 40% of landlords - This is MoneyFEDERAL Reserve Bank of Richmond President Jeffrey Lacker said the economy could begin a recovery in 2009 as low interest rates, low energy prices, and less drag from housing shore up spending. “Many analysts expect the US economy to regain ... Read more'US economy may regain positive momentum in 2009' - Business Times MalaysiaMore than 12 million homeowners now have mortgage debt that exceeds the value of their homes. These negative-equity homeowners have an incentive to default because mortgages are generally "no recourse" loans. That means creditors can take the ... Read moreHow to Help People Whose Home Values Are Underwater - Wall Street JournalCitigroup assembled its board to "think the unthinkable" yesterday, with a fire sale or a break-up of the financial giant on the table. The company's shares plunged for the fifth straight day, as the rest of Wall Street followed the twists and turns ... Read moreCitigroup considers fire sale as shares dive - The IndependentNEW YORK (Associated Press) - The dollar was mixed against major currencies Monday after a summit of world leaders in Washington failed to provide specific guidelines to ease the global financial crisis, while a reading of industrial production ... Read moreDollar climbs against euro, falls versus the pound - CNN MoneyHomeowners looking to remortgage could soon benefit from some of the lowest fixed-rate deals in almost a year after the Bank of England base rate cut. Immediately after the 1.5 per cent reduction two weeks ago, 849 mortgage products were withdrawn ... Read moreHope for homeowners as rates fall below 5 per cent - Guardian UnlimitedLarge numbers of Citigroup employees were facing the guillotine Monday, as the bank tried to staunch the bleeding on its balance sheet. Cutting back was the theme of the so-called town hall meeting in New York on Monday morning, where Chief Executive ... Read moreCiti Carves Up Staff - ForbesMENDON TOWNSHIP, MI -- Already angered by a taxpayer-funded $700 billion bailout of the nation's financial industry, some homeowners' frustration with banks has sharpened recently as they've seen their home equity lines of credit reduced or canceled ... Read more |
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