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Cheap fixed rate mortgages

Aug. 28 (Bloomberg) -- Spain's economy, brought to the brink of a recession by surging global credit costs, may find money even harder to come by when the European Central Bank tightens its lending practices. Spain's banks have stored up 89 billion ...

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Spain May Suffer From ECB Lending Curbs as Expansion Falters - Bloomberg

Aug. 27 (Bloomberg) -- Pacific Investment Management Co., the biggest manager of bond funds, is seeking as much as $5 billion to buy mortgage-backed debt that plunged in value after the subprime market collapsed, according to two investors with ...

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Pimco Seeks as Much as $5 Billion for Distressed Debt (Update1) - Bloomberg

Homebuyers who want to get a cheap mortgage deal need a deposit of nearly £40,000, shocking research reveals today. The massive deposit needed to get a decent deal has nearly doubled over the last year, a sign of the crippling impact of the credit ...

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Credit crunch doubles average deposit needed to buy a home to almost ... - Daily Mail

Homebuyers who want to get a cheap mortgage deal need a deposit of nearly £40,000, shocking research reveals today. The massive deposit needed to get a decent deal has nearly doubled over the last year, a sign of the crippling impact of the credit ...

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Credit crunch misery as the average deposit on a home DOUBLES to ... - Daily Mail

A great divide has opened up in the mortgage market between those seen as low- or high-risk by lenders. Borrowers who have a big deposit or a large stake in their home are being welcomed with open arms. But those who need to borrow all or most of the ...

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Mortgage divide opens up between low- and high-risk borrowers - Daily Mirror

Just off La. Highway 22 in Maurepas, Michelle and Neil Richard are putting the finishing touches on their 5,200-square-foot dream home. “It all just kind of fell into place,” Richard says. It started about four years ago when the two graduated ...

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Recovery mission - Baton Rouge Business Report

All the entries posted in August. Is Hillary married? Just asking. In many ways, it was a strange speech from Hillary. For one, there was no acknowledgment that any man in her life might be anywhere that mattered. Bill sat, looking proud and almost ...

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Thinking Right - Atlanta Journal Constitution

It seems to work for Barack Obama, why not progressive housing policy? Just to remind everyone where we left off, we are at the beginning of a recession induced by the collapse of an $8 trillion housing bubble. The bubble burst because high prices ...

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Own to Rent: Yes, We Can! - Common Dreams

"Why is this recession different from almost all other recessions?" asked Herbert Barchoff. The economist, a former president of the Council of Economic Advisers, answered his own question: "This is not only the usual cyclical recession, but also a ...

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The Cavalry Isn't Coming - Common Dreams

First rule of Today's GQ Man: Be a wuss! Josh Green is an excellent magazine writer, so his piece on Hillary infighting is unlikely to have been killed by GQ magazine because it was bad. That leaves Politico reporter Ben Smith's explanation--that it ...

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