U.S. rates (Equity Loan News)
St. Louis Post-Dispatch - Home-equity loans: Fixed rate, five-year term, based on $30,000 at 80% loan-to-value New-car loans: Fixed rate, 48-month term, 10% down on $22,000 vehicle Used-car loans: Fixed rate, 36-month term, 20% down on $10,000 vehicle that’s three years old Read More
BusinessWeek - A year ago, consumers were still taking out home equity loans and using the tax-deductible cash to buy new cars. That’s drying up, says Mike Jackson , chief executive officer of AutoNation ( AN ), the nation’s largest car dealer chain. To make matters Read More
MSN MoneyCentral - Earnings attributable to equity holders of the parent: EUR 1,526 million compared to EUR 1,862 million in 2006 which generated by cash and cash equivalents (+EUR 35 million), offset by the increase of interest expense incurred on loans Read More
Reuters UK - Banks got stuck holding merger-related loans, often used to fund buyouts by private equity firms, because investors no longer wanted them. Home Depot Inc (HD.N: Quote , Profile , Research ) this week lopped $1.8 billion (900 million pounds) off the price Read More
Forbes - Commercial bank loans in July rose 11 percent from the year before, supported by increased lending for housing mortgages and The key question is whether 75 basis points is enough to calm both the credit and equity markets. Only time will tell Read More
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