News
Economic slowdown risks demolishing housing pick-up
www.mirror.co.uk
[Mirror.co.uk] - It came on the same day as the Bank of England said home loan lending rose to the highest level in nearly two years. Some mortgages were approved in October, up from in September, which is the best figure since December
Mortgage Approvals Up as House Prices Rise
newswestmidlands.com
[News West Midlands] - Home loan lending went up by the largest amount since January this year and totalled £ billion. Property prices have climbed slightly this month, against expectations and in spite of the fragile economy, however activity continues to be subdued
Google News: US lenders review military foreclosures
[Financial Times] - In response to demands by US regulators, the largest home loan companies have been reviewing foreclosures in and to ensure that borrowers of all kinds were not improperly evicted. The new data on military foreclosures could lead to a new
Google News: MoneyWeek Roundup: Is it time to panic?
[MoneyWeek] - "The coalition's big idea is to underwrite a portion of the [new] home loan, so that buyers need a smaller deposit." That means a bank can offer a 95% mortgage but – thanks to guarantees from taxpayers and housebuilders – only be on the hook for 86% of
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