News

Kelley: Inept federal bureaucracy will lead us to utter ruin

The fall of Rome didn’t happen in a day, but it did happen. The U.S. has been following closely in Rome’s footsteps for a long time now


Watch ‘Step Up 3D’ for dance

There are movies you watch for the plot. Some you watch for acting. Others you do for their great direction.


At last loyalty is being repaid – but shopping around is still crucial

Barclays this week followed similar moves from HSBC, Nationwide Building Society and Santander in launching a range of discounted mortgage rates specifically for its existing


Cash Clinic: Can I count on my rented properties to pay off my mortgage?

Q: I BOUGHT my residential house with an interest-only mortgage with the intention that when I sell my buy-to-let properties the gains would be used to pay the c


John Perkins: Mr. CEO, Can You Spare A Job or a Free Lunch

“An economic policy which does not consider the well-being of all will not serve the purposes of peace and the growth of well-being among the…


First-time buyers struggle with house deposit

First-time buyers are still facing an uphill struggle to get on the property ladder despite a further slide in house prices. The problem is not house prices but the amount required for a deposit, with mortgage lenders continuing to insist on an absolute minimum of 10 per cent.


When’s the best time to lock in a mortgage rate?

When is the timing right to lock in your mortgage rate? With a rate lock, lenders are obligated to offer a home loan at an agreed-upon rate regardless of whether mortgage rates have changed between the time of the loan approval and the closing date. Consumers looking for a mortgage who find a great rate typically choose to lock it in for a specified period of time


Asia Markets: Singapore property curbs may bite banks’ growth

The biting restrictions that Singapore introduced earlier this week to cool the city’s property prices will likely affect credit growth at the city’s lenders and restrict their share gains, analysts say.


Niche-Market Madoff Duped Law Enforcement Agencies in Ponzi With a Twist

Kenneth Wayne McLeod, 48, covered in tattoos, with a shaved head and plenty of stubble, looked more like an undercover detective than a financial expert.


Rebuild the path to the American homeownership

Here’s how lawmakers can help the mortgage industry evolve.