Guardian Unlimited - If they were smart, the Tories could keep you on the back foot during an election campaign by using every piece of bad economic news - on mortgages, house prices, public finances, consumer spending - to argue that Northern Rock illustrates the perils Read More
Reuters - Many are […]

International Herald Tribune - TOKYO : Large Japanese manufacturers remained optimistic about business prospects in September, as they were three months ago, despite global financial turmoil caused by U.S. subprime mortgage problems, a Bank of Japan survey showed Monday. The Read More
Daily Telegraph - The Bank of England has raised interest […]

New York Daily News - If you’re a homeowner and you’re someone who got pushed, seduced, enamored, tricked into a bad mortgage, the foreclosure rescue scam is an extension of the problem,” said Oda Friedheim, a staff attorney for the Legal Aid Society. “If people had better Read More
San Francisco Gate […]

Washington Post - An abrupt shift back to the basics of mortgage lending has many house hunters nervous because several once-popular types of loans are disappearing. With urging from regulators, lenders faced with growing piles of bad loans have clamped down on the Read More
Boston Online - Facing a mortgage reset? […]

Mortgage rates creep up Pacific Business News (Honolulu)Bizjournals.com, NC - 9 hours agoFixed rates for 30-year mortgages at Hawaii's four largest banks buoyed back up after sinking below 6 percent last week. Finance Factors also moved up to …Mortgage rates rise Cincinnati PostRates on 30-Year Mortgages Rise The Associated PressUS fixed mortgage rates rise, ARMs fall […]

Payments on sub-prime mortgages could rise by more than a quarterTimes Online, UK - 10 hours agoThomas Reeh, of BlackandWhite Mortgages, a specialist broker, said: “We have already seen customers whose payments have gone up more than 50 per cent. …Pick the Right Mortgage Kiplinger.comHomeowners 'facing repayments hike' Channel 4 NewsFour out of five would switch to […]

China mortgage-rate/downpayment hikes to have little market impact …Forbes, NY - 10 hours agoBEIJING (XFN-ASIA) - China's move to hike mortgage interest rates and down payments on second properties will do little to slow down the bubbling property …China may raise mortgage deposits to over 40% China Knowledge OnlineChina could raise mortgage loan rates this week - […]

Newsday - Come next November, Kathryn Clejan’s adjustable rate mortgage will get a whole lot more expensive. In fact, she estimates, it could rise by $1,986 a month, which the single mother of two boys can’t afford. Clejan is carrying a $496,000 interest-only Read More
Belfast Telegraph - Fewer people took out […]

AHM Deflects Blame on Bounced ChecksThe Associated Press - 11 hours agoNEW YORK (AP) — American Home Mortgage Investment Corp. bounced 564 property tax checks in Maryland but blamed other financial institutions for the problem, …More downgrades for American Home NewsdayWilbur Ross leads bidding for American Home unit MarketWatchRoss Named Lead Bidder for American Home […]

Mortgages: Here comes the real crunchCityWire.co.uk, UK - 9 hours agoTurmoil in the mortgage market has seen a run on Northern Rock by depositors with the bank being forced to use emergency funding from the Bank of England to …Four out of five would switch to fixed rate mortgages, claim Abbey FT AdviserAbbey says fixed-rate mortgages more […]