Thursday, April 03, 2008

Credit crunch: 3million families 'will be plunged into negative equity within a year'

Credit card debts and mortgage repayments soar as borrowing reaches its highest level for more than five years Credit crisis: 70 per cent of homeowners will face significant rises in their mortgage repayments ...more



Britain on credit binge as mortgage deals drop


Consumer borrowing through credit cards, overdrafts and loans is rising at its fastest rate in five years, with the withdrawal of cheap mortgage deals forcing millions of home owners to take on personal debt to ...more



Money talk: First-time buyers


First-time buyers can still go all the way, says Faith Archer First-time buyers without the money for a deposit can still find lenders willing to give them a leg up onto the housing ladder - provided their ...more



Hope Now offers little hope in mounting foreclosure frustrations


WASHINGTON - Last October, the Bush administration jump-started a plan to aid troubled borrowers and bolster the deteriorating housing market.

Walberg takes questions on oil, economy, taxes, product safety


Michigan Congressman Tim Walberg, R-District 7, answered these questions from audience members on a wide range of topics during a visit to Chelsea on Saturday.

Credit crunch: 3million families 'will be plunged into negative equity within a year'


Comments Three million families in Britain could be plunged into negative equity within a year.

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