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Deposits for the best mortgage deals have soared by 43 per cent since the start of the credit crunch a year ago, figures show. A typical homebuyer in England and Wales now needs to stump up £37,119 as a deposit to qualify for the most competitive ...

Borrowers need £37,000 deposit for best mortgages - Times Online

Recent years have seen an increasing amount of panic relating to the worldwide financial situation. An economic downturn can have an adverse affect on many who have allowed their borrowing to run away from their ability to pay back what they owe. The ...

It’s a buyer’s market after all - Best Syndication

Abbey, the biggest mortgage lender, has cut its two and three-year fixed rates by up to a quarter of a percentage point. Its best two-year fix is now at 5.89% with a £995 fee. C&G cut its fixed rates by up to 0.31 of a point with the best deals ...

Mortgages & homes - Mortgage features - This is Money

Since the start of the credit crunch in August 2007, mortgage and unsecured lending has collapsed to the tune of almost £11bn, new research reveals. In just 12 months, the consumer lending market has fallen into disarray with both mortgage lending ...

Lending collapses by £11bn in a year - This is Money

For obvious reasons, many Americans are pretty unimpressed with the banking industry right now. So maybe it's a good time to look at an alternative – like moving your account to a local credit union instead. These not-for-profit co-operatives have ...

For Better Banking, Check Out a Credit Union - Wall Street Journal

Aug. 25 (Bloomberg) -- Australia's mortgage-backed bonds are one of the most attractive buys ``on the planet,'' according to Rob Mead , head of Asia-Pacific credit at Pacific Investment Management Co. in Sydney. Mead, who manages the equivalent of ...

Australian Mortgage Bonds Offer World's Best Value, Pimco Says - Bloomberg

Aug. 26 (Bloomberg) -- Bank of Montreal and Bank of Nova Scotia , the first Canadian banks to report third-quarter earnings, said profits declined more than analysts forecast on rising loan losses. Bank of Montreal, Canada's fourth-biggest bank, said ...

Bank of Montreal, Scotiabank Profits Fall on Loans (Update2) - Bloomberg

The FHA has been turned into the mortgage industry's lender of last resort. Taxpayer price tag? Maybe $100 billion. DENVER -- When the nation's politicians take the stage here and later in St. Paul, Minn., you'll hear a lot of talk about saving the ...

Lending Over Backward - Forbes

WASHINGTON -(Dow Jones)- Anxiety over a possible U.S. government bailout of Fannie Mae (FNM) and Freddie Mac (FRE) is unwarranted, according to Goldman Sachs economists, who say rescuing the struggling mortgage finance giants would be an "entirely ...

UPDATE: GSE Bailout Would Be 'Entirely Manageable' -Goldman - CNN Money

It's tough to get a mortgage today. But that's not news. Every financial institution is tightening lending standards, requiring a higher down payment and raising interest rates. Well, almost every lender is doing that. If you're a veteran who has ...