UK Mortgages rates and deals

January 30, 2009

Germany rejects ‘bad’ bank plan

Filed under: Bridging Finance, UK Mortgage Brokers — Cindy Smith @ 6:11 pm

Angela Merkel, Germany’s chancellor, is pushing for an industry-led solution that would see banks set up their own “bad” banks to hold toxic assets. These would be issued with state guarantees

As round winds up, questions linger

Filed under: General Business — Cindy Smith @ 12:11 pm

As a bruising session draws to a close, there is still no clear end to the market’s woes, and no one knows what will happen next. Yet our players see reasons for hope.

Bailout is evaporating, not trickling down

Filed under: General Business — Cindy Smith @ 12:11 pm

Billions are being spent to prop up banks, but the so-called ripple effect won’t save drowning US families — especially the 65,000 workers about to be set adrift by Citigroup.

Honda cuts forecasts for fourth time

Filed under: Bridging Finance, UK Mortgage Brokers — Cindy Smith @ 12:11 pm

Honda posted a 63% drop in quarterly operating profit and lowered its annual profit forecasts for a fourth time this year as a stubborn slide in global car sales forced it to make further production cuts

Election Law Trends And Developments

Filed under: General Business — Denis Green @ 6:11 am

Unless you have been living in a cave in some far off land the past decade, you are at least somewhat aware that election law has become a major issue in many instances across the country

Investors seeking safety flock to Ginnie Mae funds (AP)

Filed under: Mortgages — Denis Green @ 12:11 am

Home foreclosures and market volatility are running high. So any investment even remotely connected to mortgages is the last place to look if you’re trying to protect your retirement savings, right?

Investor fury over Xstrata cash call

Filed under: Bridging Finance, UK Mortgage Brokers — Cindy Smith @ 12:11 am

The Anglo-Swiss miner faced an investor backlash over its plans to structure a £4.1bn rights issue in a way that heavily favoured its biggest shareholder, Glencore

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