Mortgages

Pimco's Bill Gross says there will be no housing-led recovery in the US without Government support.

Average UK property prices were 6.1% higher this July than last and currently stand at £200,913.

A second recession could be on the way warns Dr Martin Weale, the newest member of the rate setting Monetary Policy Committee (MPC).

The difference between the rates charged for fixed rates and lifetime mortgages has widened significantly in the last two years, according to a report.

This is a fair enough question, one would think, when research from Moneyfacts shows lenders are enjoying margins at all-time highs on their mortgage rates.

With professional indemnity (PI) insurance premiums predicted to rise by as much as 50% in the next two years, what can brokers do to mitigate the effects?

Lloyds Banking Group is set to pull Bank of Scotland Ireland (BoSI)out of the country and cease all lending there by the end of the year.

Monthly mortgage payments as a proportion of income are now nearly half of 2007 levels, yet affordability is still cited by over 50% of first-time buyers as the main barrier to entry.

Gross mortgage lending jumped 5% in July to an estimated £13.6bn, from £12.9bn in June.

Tim Geithner, US Treasury Secretary, has revealed the Government will continue to guarantee mortgages to minimize the risk of housing-led recessions in future.