UK house prices take a beating as credit costs rise
Story date: 2007-11-26 06:41:00
Added on: 2007-11-26 20:46:46
Economic Times - The US subprime mortgage slump has also prompted banks to lift mortgage rates, hurting affordability. Home loans with a fixed rate for two years, the most popular type in the UK, cost an average 6.37% in interest last month, compared with 5.41% a ...
Read more...
Related Stories:
-
U.K. RICS House-Price Index Falls to Two-Year Low (Update1)
Bloomberg - ... which on Oct. 29 said prices fell for the first time in two years last month, expects the...
2007-11-13 12:27:00 -
U.K. House-Price Index Falls to Lowest in Two Years, RICS Says
Bloomberg - House-Price Index Falls to Lowest in Two Years, RICS Says By Brian Swint Nov. 13 (Bloomberg) -- An index of...
2007-11-11 03:53:00 -
U.K. Home Prices Drop Most Since 1995, Mortgage Approvals Fall
Bloomberg - The U.S. subprime mortgage slump has also prompted banks to lift mortgage rates, hurting affordability. Home loans with a fixed...
2007-11-29 02:09:00 -
KKR Banks Selling $10 Billion of First Data Loans (Update5)
Bloomberg - Buyers are starting to return to the market after record mortgage foreclosures prompted investors to shun all but the safest...
2007-09-27 11:48:00 -
US dollar touches a new euro low
BBC Business - They believe that the US Federal Reserve will have to cut interest rates further at this month's meeting from...
2007-10-22 04:23:00 -
Property nearing once-in-100-year slump - News.com.au
Half of all houses lost value last month Last time that happened was before the Depression Property : news and tips to...
2008-07-13 07:51:00 -
Massive mortgage slump fuels house sale fears (Belfast Telegraph)
The property market slump seems set to intensify after the major banks revealed that the number of new mortgages approved in April...
2008-05-28 03:27:38 -
Slump in bank mortgage lending
BBC Business - There has been a slump in the number of mortgages being approved for home buyers by UK banks. The...
2007-11-23 03:21:00