Borrowers paying more for annual interest
Story date: 2008-02-26 03:59:00
Added on: 2008-02-26 07:51:55
Times Online - MORTGAGE lenders are continuing to calculate interest on home loans on an annual basis according to new analysis. Up to one in five lenders are failing to look at borrower’s balances on a daily basis adding as much as £150 a year on a £150,000 ...
Read more...
Related Stories:
-
U.S. stocks on slippery slope (Calcutta News)
U.S. stocks were failing to get a footing on Wednesday as concerns lingered over the state of the economy. Sentiment brightened around...
2008-01-30 11:39:01 -
Mortgage stress to hit 300,000: report
Norrn Daily Leader - Secondly, banks have reduced the interest rate safety buffer on their loans to about 100 basis points from...
2008-03-12 11:10:00 -
Macatawa Bank Corporation Reports 2007 Annual and 4th Quarter Results
MSN MoneyCentral - Only 3 basis points of the net interest margin decline can be attributed to the 100 basis point cuts...
2008-01-14 02:30:00 -
Mortgages being pulled by lenders (Channel 4)
Lenders are continuing to withdraw products and raise rates amid warnings that the current mortgage drought is set to worsen. A host...
2008-04-03 09:28:36 -
Lure of fast cash leads to triple-digit interest loans
Bonner County Daily Bee - That's why the interest rates are so high," Quik Cash's Abeyta said. "You're risking not getting...
2008-01-26 10:48:00 -
Canada's Annual Inflation Rate Falls to Six-Month Low (Update3)
Bloomberg - ... rate 50 basis points to 3.5 percent and economists say the bank will cut 75 basis points more...
2008-03-18 09:49:00 -
PM says sorry for rates rise
News.com.au - The RBA decided to raise the official rate by 25 basis points to 6.75 per cent this morning, adding about...
2007-11-06 10:25:00 -
August lending figures lowest for seven years
Guardian Unlimited - The number of mortgages approved for home purchase in the UK saw a hefty annual ... Bankers' Association said...
2007-09-27 04:31:00