Plummeting house prices have hurt small businesses – and will continue to do so, says a new study. The report – done by the Federal Reserve Bank of Cleveland – fingers falling home prices as a major factor in small businesses’ struggle for credit, because many small-business owners use their homes as collateral for business [...]
Posts Tagged ‘home’
Queensland mortgage borrowers in arrears
December 21st, 2010
admin Home owners in Queensland ranked as one of the regions with the most number of borrowers in arrears based on a FitchRatings report. View full post on All Stories
Costa nightmare could cost us our UK home
November 28th, 2010
admin A couple who face losing their house in Britain to a Spanish bank have warned of the dangers of falling behind in mortgage payments on holiday homes abroad View full post on All Stories
Asian banks emerge as financiers outside their home markets – survey
November 26th, 2010
admin HONG KONG (Dow Jones) – Chinese and other Asia-focused banks have emerged as increasingly important participants in corporate lending, bond issues, or even acquisition financing internationally,… View full post on All Stories
Home buyers see mortgage rates rise on new deals
November 25th, 2010
admin Home buyers will see their mortgages increase when their initial deal comes to an end, Britain’s biggest mortgage lender, Halifax, has warned. View full post on All Stories
Home loans slump goes on
November 18th, 2010
admin Mortgage lending slumped to its lowest October level for a decade as activity in the housing market remained subdued, latest figures show. View full post on All Stories
Lenders lift bar to buy a home
November 18th, 2010
admin Mortgage lenders are raising their standards for Federal Housing Administration-insured loans beyond what the agency itself requires, putting homeownership out of the reach for more Americans. View full post on All Stories
Are we better off renting?
November 14th, 2010
admin For generations, we’ve aspired to be home owners. But evidence shows we’d be better off renting – both individually and as a nation. In Germany and Sweden, the rental market is credited with making people wealthier and happier, and with creating more attractive cities. So, is it time to sell up? The woman’s expression was [...]
National Australia Bank ups interest rate
November 11th, 2010
admin SYDNEY (MarketWatch) — National Australia Bank Ltd. raised its variable home loan rate by 0.43% per year. The lender also said that it will abolish early exit fees on new and existing home loans. “The average cost we pay to fund our lending to customers, both from overseas and through deposits, has been rising and [...]

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