Mortgage News from Around the World
Australia Signals First Rate Reduction in Seven Years (Update1)Bloomberg - 6 The nation's five largest lenders, including Commonwealth Bank, have added an average 105...
Subprime, Alt-A Bonds to Extend Drop as Banks Retreat (Update1)Bloomberg - 6 Total issuance of US mortgage securities may drop 34 percent to $1.4...
Telegraph.co.uk UK Nationwide House Prices Drop Most Since 1991 (Update1)Bloomberg - 2 One in ten mortgage holders may soon owe more than...
National Australia Names Clyne as CEO After CDO Loss (Update1)Bloomberg - 5 At the same time, fallout from the US mortgage market collapse has...
Commonwealth Bank to Pass on Some of Rate Reduction (Update1)Bloomberg - 2 Australia's banks have faced government criticism for raising mortgage rates by more...
Australia's Annual Inflation Probably Accelerated (Update1)Bloomberg - 1 hour ago ... from a global credit squeeze that has prompted Australia's five largest lenders to...
Australia's Consumer Sentiment Gains for Second Month (Update1)Bloomberg - 22 ... the swift response by the banks to reduce their variable mortgage rates...
ECB Keeps Rate at 4.25% Even as Recession Looms (Update1)Bloomberg - 1 hour ago Banks have recorded almost $600 billion in writedowns and losses tied...
US Homebuilders May Extend Gains After Cut in Interest RatesBloomberg - 3 The average rate for a 30-year fixed mortgage in the US...
UK December House Prices Fall the Most Since 1991Bloomberg - 4 UK mortgage approvals dropped to the lowest level since at least 1999...
Santander in Talks to Buy UK's Alliance & Leicester (Update1)Bloomberg - 3 By Ben Livesey and Charles Penty July 14 (Bloomberg) -- Banco Santander...
UK Services Shrink, House Prices Drop by the Most Since 1991Bloomberg - 3 UK mortgage approvals dropped to the lowest level since at...
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