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What the turmoil will mean ...

What the turmoil will mean for mortgages

Jan. 26, 2008 Fixed deals are looking good value, even though interest rates are expected to come down writes Clare Francis BORROWERS should not rule out fixed-rate mortgages, even though the Bank of England is expected to follow America’s Federal Reserve and cut interest rates next month. The Fed slashed rates last week by an emergency 0.75 percentage points and is expected to cut by another half a point when it meets on Wednesday, in an attempt to avert recession. This ...

UK lenders steer away from ...

UK lenders steer away from 100% mortgages

Jan. 26, 2008 Mortgage lenders are withdrawing from offering 100 per cent home loans over fears that such products will now attract a flood of high-risk borrowers. Those lenders still offering 100 per cent deals are now charging interest rates of 8 per cent or more. In recent months, 10 lenders have stopped offering to advance the full value of a property, reducing the availability of these mortgages by almost one third compared with a year ago. But while brokers ...

Property sector jitters over ...

Property sector jitters over Allco prices

Jan. 26, 2008 PROPERTY DEVELOPERS and others with an interest in the market will be keeping an anxious eye on the share price of ASX-listed Allco Finance Group next week. Allco is the parent company of Strategic Finance Group, one of the biggest development finance providers to this country's property sector. But Australian investors concerns about the state of Allco's finances saw the company's share price take a huge tumble last week, falling from $A4.80 at the close ...

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Gyor properties for sale by Properazzi

Properties for sale in Gyor by Properazzi. Properazzi is the world’s largest property portal, with listings in over 50 countries.

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