UK Mortgages rates and deals

July 13, 2009

Economy ‘to dampen house prices’

Filed under: General Business — Phill Taylor @ 11:11 pm

The sluggish UK economy is likely to mean house prices will not see a “meaningful” recovery for some time, surveys suggest.

Goldman executives sold $700m of stock

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

Executives at Goldman Sachs sold almost $700m worth of stock following since the collapse of Lehman Brothers last September, according to filings with the Securities and Exchange Commissio

RBS chief to face tougher pay targets

Filed under: Bridging Finance, UK Mortgage Brokers — Cindy Smith @ 5:11 pm

Stephen Hester will next year be given tougher, more sophisticated performance targets in the job, following a public outcry over his £9.6m pay award for this year

Where’s that $787 billion stimulus?

Filed under: General Business — Cindy Smith @ 11:11 am

Obama administration officials say it takes time to dole out so much money properly, which may explain why so little has been spent so far.

Why creating jobs is so hard

Filed under: General Business — Cindy Smith @ 11:11 am

An economy built on bubbles looks healthy until all that froth disappears, exposing the rotten framework. A structural repair is needed, and it won’t be quick or easy.

Williamsburg: The New Epicenter of the Housing Crisis (Tragedies)

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

Oh pity the poor denizens of Williamsburg. The erosion of hipster trust funds is leading their greasy little utopia to slowly devolve into some sort of Mad Max-esque, post-apocalyptic real estate wasteland, just like Miami! So says New York Magazine. Anyone who’s walked around Williamsburg lately can …

Friends rebuffs Cowdery’s approach

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

Cowdery responds to Friends Provident rebuff by saying any bid now likely to be in form of cash and shares

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