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Fixed Rate Mortgage - News Articles
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Oct 17, 2008
guardian.co.uk, UK -
A debt charity yesterday called on the Treasury to put pressure on Northern Rock to change its approach to repossessing properties. Credit Action said that the nationalised bank was twice as likely as other lenders to repossess a home ... -
Oct 18, 2008
Telegraph.co.uk, United Kingdom -
When Esther Spick bought her three-bedroom maisonette three years ago she thought she was building a family home for her children. But like thousands of people, she now faces the prospect of that home being repossessed and of having to ... -
Oct 18, 2008
Telegraph.co.uk, United Kingdom -
The number of home owners facing repossession has reached its highest level since the worst years of the early 1990s property crash. ... -
Oct 18, 2008
Independent, UK -
Early this year I called on the Financial Services Authority (FSA) to investigate how the nationalised Northern Rock was treating its mortgage customers. The Rock had been deliberately keeping its standard variable rates high in order to "encourage" borrowers to remortgage to ... -
Sunday, October 19, 2008
Times Online, UK -
Collapsing house prices are plunging 60000 homeowners a month into negative equity, which means the country is on course for a worse crisis than the 1990s ... -
Sunday, October 19, 2008
Sky News Australia, Australia -
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Sunday, October 19, 2008
Melbourne Herald Sun, Australia -
AUSTRALIAN stocks are expected to open mixed or slightly lower today after Wall Street rejected Europe's positive lead and closed the week lower amid volatile trading. Friday night&squo;s futures trading suggested ... -
Sunday, October 19, 2008
NEWS.com.au, Australia -
By Andrew Chesterton October 19, 2008 12:01am DOZENS of non-bank lenders have failed to pass on successive interest rate cuts to borrowers as politicians ignore their greedy tactics. While both sides of politics pressure the big banks to pass on official interest ... -
Sunday, October 19, 2008
NEWS.com.au, Australia -
By Alison Bell and Callie Watson NAB and Aussie Home Loans have joined the rush to cut interest rates, following the ANZ's surprise move to change rates independent of the Reserve Bank for the first time in over a decade. ... -
Sunday, October 19, 2008
NEWS.com.au, Australia -
By staff writers THE share market has opened around 2 per cent higher this morning after Wall Street rejected Europe's positive lead and closed the week lower amid volatile trading. ...
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Oct 18, 2008
Economic Times, India -
Effectively, this makes the fixed rate loans equivalent to floating rate ones. The reset clause enables banks to revise their interest rates on the loans in case of certain circumstances. The banks have the discretion to increase the interest rates in case the market rates ... -
Oct 13, 2008
Telegraph.co.uk, United Kingdom -
Nationwide has increased its mortgage rates by up to 0.3 percentage points and tightened lending criteria for new customers. By Myra Butterworth Nationwide ... -
Oct 13, 2008
The Press Association -
Two of the UK's biggest lenders today increased their mortgage rates for certain new borrowers despite last week's interest rate cut. ... -
Oct 14, 2008
guardian.co.uk, UK -
Mortgages: The number of people borrowing to buy a home is at a record low. Photo: Photodisc/Getty The number of people borrowing money to buy a property ... -
Oct 14, 2008
Telegraph.co.uk, United Kingdom -
The Government's bail-out of the banks provides a glimmer of light, as the Government has extracted a promise from RBS, Lloyds TSB and HBOS that the availability of mortgages will continue to be at 2007 levels for at least ... -
Oct 14, 2008
The Press Association -
Recently nationalised bank Bradford & Bingley has become the latest lender to announce it was passing on last week's interest rate cut to borrowers. The group is reducing its standard variable rate (SVR) by the full 0.5% in line with the reduction ... -
Oct 14, 2008
Times Online, UK -
Bank of Ireland has withdrawn its buy-to-let mortgage deals for landlords with less than a 25 per cent deposit in the latest sign that the mortgage market has failed to improve despite the Government's attempts to unfreeze the market. The ... -
Oct 15, 2008
Telegraph.co.uk, United Kingdom -
Nationwide is the latest high street lender to announce it is not passing on in full the interest rate cut announced by the Bank of England. ... -
Oct 15, 2008
BBC News, UK -
Nationwide will pass on some, but not all, of the latest cut in interest rates to mortgage customers. The UK's biggest building society will reduce its standard variable rate (SVR) by a third of a percentage point from 6.49% to 6.19% from 1 November. ... -
Oct 15, 2008
Telegraph.co.uk, United Kingdom -
The cost of tracker mortgages has soared since the credit crisis began, according to new research. By Richard Evans Tracker mortgages charge a fixed margin s are becoming less attractive." ...
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