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Mortgage Loans Co Newsmortgage loans coMortgage lending rose by nearly 7% during October but it remained well down on 12 months ago, figures show. A total of £18.7 billion was advanced during the month, compared with just £17.5 billion during a "weak" September, the Council of Mortgage ... Read moreMortgage lending increases by 7% - Guardian UnlimitedTax cuts, strong wage growth and lower interest rates have combined to improve housing affordability to its best level since May 2006, says new research. The Wizard Home Loans Affordability report for October has been affected by the national median ... Read moreTax cuts and pay rises make homes more affordable in Oct - New Zealand HeraldLATEST: The National Bank, ANZ and ASB have cut interest rates on a range of loans, hot on the heels of cuts by Westpac and Kiwibank yesterday. Meanwhile, economists at Deutsche Bank are now picking the Reserve Bank will cut 150 basis points off the ... Read moreNational, ANZ, ASB follow rate cuts - StuffMUSCAT — National Bank of Oman SAOG (NBO), the first local bank in the Sultanate, has signed an agreement with Muriya Tourism Development Co. to provide housing loans for the purchasers of the Jabl Sifa and Salalah beach projects. NBO customers ... Read moreNBO, Muriya in pact to provide housing loans - Times of OmanInvestors stampeded into US government debt yesterday, viewing it as the only safe haven from a new round of losses in the rest of the credit markets and another plunge by stock markets around the world. Unprecedented demand sent interest rates on a ... Read moreMarket turmoil sends investors fleeing into Treasuries - The IndependentNZF Group has reported a 47% drop in half-year net profit to $1.3 million, saying it was an acceptable result in tough market conditions. The company says the half-year result is in line with earlier guidance forecasting a $2-2.5 million profit for ... Read moreNZ Finance profit nearly halved - National Business ReviewWith house prices crashing, repossessions rising, unemployment soaring and construction at a standstill, keeping a roof over our heads is set to get much tougher. Two years ago the housing market was booming, banks lent borrowers five times their ... Read moreMillions need help to find – or keep – a roof over their heads - Times OnlineASB has joined other New Zealand banks in dropping its mortgage rates ahead of an expected Reserve Bank interest rate cut in December. The retail bank slashed its floating rate from 9.45% to 8.7% on Friday. It also dropped fixed rates, with a six ... Read moreASB latest bank to cut interest rates - radionzNorthern Rock triggered the £37bn vehicle's wind-up by breaching rules on the size of cushion provided by the nationalised bank to Granite's institutional bondholders. By declining to transfer any more mortgages into Granite, the lender reduced its ... Read moreAnother £3bn at risk in Northern Rock - Daily TelegraphWith any luck, Britain will get through the next two years with nothing worse than a recession. But that cannot be guaranteed. With the banking system still in crisis and the Bank of England slow off the mark in cutting interest rates, the risk is of ... Read more |
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