Hungary Faces ‘Slow, Gradual’ Lending Growth, Karvalits Says
Hungary Faces ‘Slow, Gradual’ Lending Growth, Karvalits Says
Feb. 12 (Bloomberg) — Hungarian domestic lending will rise “slowly and gradually” as commercial banks still seek to curb their external debt, central bank Vice President Ferenc Karvalits said.
Read more on Bloomberg
Australian Consumer Confidence, Home Lending Fall on Rate Rises
Australian Consumer Confidence, Home Lending Fall on Rate Rises
Feb. 10 (Bloomberg) — Australian consumer confidence fell and home lending declined after the central bank raised interest rates a record three times late last year.
Read more on Bloomberg
Categories: mortgage meld Tags: Australian, confidence, Consumer, Fall, Home, Lending, rate, rises
Society lending up 15 per cent
Society lending up 15 per cent
? Building society gross lending amounted to £1,815 million in December 2009 compared to £2,312 million in December 2008. ? Approvals in December 2009 were £1,038 million compared to £901 million in December 2008.
Read more on Mortgage Introducer
Categories: mortgage meld Tags: cent, Lending, society
Mortgage Lending Up In December In Britain
Mortgage Lending Up In December In Britain
Mortgage lending in Britain rose slightly in December from November, but rose 12.5 percent from the same month of 2008, a trade group said. Mortgages in December reached $16.4 billion, up from $15.5 billion in November, the British Bankers Association said Tuesday.
Read more on OfficialWire
Categories: mortgage meld Tags: Britain, December, Lending, mortgage
(AFX UK Focus) 2010-01-26 08:20 Spain Nov mortgage lending falls close to 10% y/y
(AFX UK Focus) 2010-01-26 08:20 Spain Nov mortgage lending falls close to 10% y/y
MADRID, Jan 26 (Reuters) – Spanish home mortgage lending fell 9.9 percent year-on-year in November, the National Statistics Institute said on Tuesday, as banks continued to restrict credit in a tough recession. November mortgage lending totalled 6 billion euros ($8.5 billion), while the average value of total mortgages approved during the month was 11.7 percent lower than a year earlier. Spain’s …
Read more on Interactive Investor
Stamp duty stampede boosts mortgage lending
Stamp duty stampede boosts mortgage lending
LONDON (SHARECAST) – A rush to snap up home loans before the increase in stamp duty on 1 January led to the first year-on-year rise in gross mortgage lending since October 2007.
Read more on ShareCast
Gross mortgage lending up in December
Gross mortgage lending up in December
This is the first time the annual monthly comparison has been in positive territory since October 2007. However, other than in 2008, this is still the lowest figure for December since 2001 (£13.4 billion).
Read more on Mortgage Introducer
Categories: mortgage meld Tags: December, Gross, Lending, mortgage
Minnows of lending bid for bigger cut
Minnows of lending bid for bigger cut
As official interest rates creep up this year, what’s to stop the big banks from inflicting even bigger rises on their mortgage customers?
Read more on Business Day
Categories: mortgage meld Tags: bigger, Lending, Minnows
New unit investigates unfair lending to minorities
New unit investigates unfair lending to minorities
A new unit of the Justice Department is investigating the lending practices of banks and mortgage brokers suspected of discriminating against minority borrowers.
Read more on AP via Yahoo! Finance
Categories: mortgage meld Tags: investigates, Lending, minorities, unfair, unit
Economy Report: Changes in Mortgage Lending
Economy Report: Changes in Mortgage Lending
In KERA’s weekly economy segment, KERA’s Sam Baker spoke about changes in mortgage financing with Marcus McCue, Vice President of Sales with Guardian Mortgage, based in Richardson.
Read more on KERA North Texas