Tag Archives: affordability

Mortgage Consumers Might Find Out What They’ve Signed Up For

I suspect that most purchasers of mortgages are not entirely clear about what they’ve signed up for. It is this ignorance that lenders prey upon and make much of their profit. Perhaps not for long? Michelle Singletary writes: Did you … Continue reading

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UK Savings Boom, Mortgages Crash

From the Guardian: The amount of money paid into savings accounts more than doubled in April to reach record levels, figures showed today. Consumers poured £5.8bn into personal bank accounts during the month, up from £2.8bn in March and far … Continue reading

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Another Bank Drops Out Of The British Mortgage Market

Sky News Business reports that nobody knows how the mortgage mess will play out. Meanwhile, some lenders are pulling out of this dangerous market. People with great credit and good incomes can still get loans. The head of the Co-operative … Continue reading

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