The Incredible Shrinking Mortgage Market!
Story date: 2007-10-16 05:59:00
Added on: 2007-10-20 02:00:20
Sky.com - Last month, ongoing liquidity problems in the inter-bank lending market hit home at Northern Rock. The Newcastle-based lender relied on the money markets to raise three-quarters (75%) of its mortgage funding. Thus, when the cost of borrowing from ...
Read more...
Related Stories:
-
KievPrime index set to ease lending
Financial Times - A clear interest rate benchmark is critical to the transparent pricing of inter-bank lending, which not only enhances the...
2007-11-12 01:28:00 -
Margareta Pagano: Can the Nicky Clarke of Threadneedle Street snip his way out of this credit crisis? (Independent)
Mervyn King, the Governor of the Bank of England, is hunting for new haircuts. Not for his own distinctive locks but...
2008-03-29 05:09:19 -
Lehman boost fails to lift mood on Wall St
MSNBC - ... to sour market sentiment on Wednesday after delivering negative outlooks on current ... losses to total $1bn more...
2007-12-13 08:05:00 -
Credit squeeze grows to worst for 20 years as cost of borrowing hits new high (Daily Telegraph)
First British sub-prime lending victim collapses as inter-bank lending rate rises to new high amid fears for business borrowers....
2007-09-10 05:36:04 -
Fears of more bailouts drive down shares (International Herald Tribune)
European stocks tumbled Monday, after sharp declines in Asia, following more bank takeovers this weekend and as a U.S. rescue plan failed...
2008-09-29 02:51:41 -
Nationwide warns this year will be 'difficult' (Independent)
Nationwide Building Society warned yesterday that market conditions would remain difficult for the whole of this year and that it could...
2008-05-22 04:54:31 -
Inter Pipeline Fund Announces Record Third Quarter Results and ...
Market Wire - ... Inter Pipeline announced that the Partnership expects to maintain its current level ... which includes the recovery...
2007-11-08 08:18:00 -
Banks gloomy despite profit rises
BBC News - Fears of further problems have pushed up the three-month inter-bank interest rate, or Libor, which is the rate at...
2007-09-30 05:28:00