Mortgage approvals fell to a fresh record low in November, while banks reduced loans to households and businesses in the final three months of 2008 as a deteriorating economic outlook and falling house prices deterred lending
Bernard Madoff’s alleged $50bn fraud on Friday claimed its biggest victim to date as the Austrian government was forced to take control of Bank Medici, which might have lost more than $3bn in the scandal
WASHINGTON Rates on 30-year mortgages fell to a record low for the third straight week, and borrowers took advantage of the drop, sending new applications soaring.
Nationwide to freeze tracker mortgages
Mortgage lender not dropping rates
Cheapest SVR lenders named
Investors still looking to shares, study shows