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School for the blind starts visionary newsroom - Newark Star-LedgerEd Murray/The Star-Ledger Judy Ortman, interim executive director of the Concordia Learning Center, is interviewed by student Indigo Estevez from Newark for the school paper. There's a buzz in the newsroom of a New Jersey start-up newspaper, and not ...
Lenders pull plug on top mortgage deals - Times OnlineOne of Britain’s biggest lenders withdrew some of its most popular mortgage deals last night after the Bank of England cut its base rate. The move dashed the hopes of first-time buyers and hard-pressed homeowners who had hoped that the Chancellor ...
Mortgage lending down 95 per cent - Daily TelegraphThe figures led to widespread calls for an interest rate cut as early as next week to reinvigorate the housing market. According to the Bank of England, mortgage lending in August fell by 95 per cent compared to the previous month - a drop fuelled by ...
Newspaper round-up - Reuters UKIn moves that are likely to put further strain on the property market, three of the UK's biggest lenders tightened up the supply of mortgages and increased their interest rates. Nationwide increased the cost of two-year mortgage tracker rates for new ...
Zopa shows banks how to do it right - Guardian UnlimitedIt has just dawned on me that one of the places I have deposited part of my modest savings, the lending site Zopa , doesn't have a government-backed guarantee - unlike high street banks and credit unions. Yet the curious thing is that, despite all ...
HBOS 'could merge with Lloyds TSB' - Guardian UnlimitedTroubled mortgage giant HBOS has become the subject of speculation that it could merge with rival Lloyds TSB. Earlier, shares in the group plunged for a third day in a row amid funding fears, diving as much as 50%, but recovered to 7% down after the ...
Australia Stocks: Asciano, Centennial Coal, Minara, Stockland - BloombergNov. 12 (Bloomberg) -- The S&P/ASX 200 Index fell 33.60 points, or 0.9 percent, to 3,927.30 at the close in Sydney, the lowest in two weeks. The broader All Ordinaries Index lost 38.20 points, or 1 percent, to 3,883.60, while the futures index ...
Petrol companies told to cut prices at pumps - Times OnlinePetrol and energy suppliers came under fire from ministers yesterday in an attempt to shame them into cutting pump prices and household bills. Emboldened by international praise for tackling the banking crisis, Gordon Brown accused petrol retailers ...
Darling details £50 billion bank bailout plan - Times OnlineChancellor Alistair Darling today launched a drastic rescue of Britain's high street banks in move designed to head off a cataclysmic failure of confidence by announcing a part-nationalisation plan with £50 billion of taxpayers' money. He said there ...
Crisis-hit HBOS in merger talks with Lloyds TSB - Metro.co.ukBeleaguered Halifax owner HBOS is in advanced merger talks with Lloyds TSB to create a 'superbank' after shares in Britain's biggest mortgage lender and savings bank plunged on the back of the US banking crisis. Such a move would create a mortgage ...
Today's Mortgage Terms starting with R
Refinancing: The repaying of a debt with the proceeds from a new loan using the same property as collateral. The reason for refinancing is to get a lower interest rate.
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