Mortgage affordability is rising for first-time buyers. Across the UK and the US first time buyers are finding the mortgage market not only more affordable, but according to research, also more profit yielding. The local councils in a number of regions have stepped up to take responsibility for the divide between average values and personal [ Read More ]
Credit statistics the world over now reveal a decline in the consumer credit demand. This is also associated with the dip in credit card and personal loan enquires by 20%. Credit facilities have reported a subsequent drop in credit card and personal loan applications (20%) while some markets are indicative of consumers becoming wary about [ Read More ]
The international debt problem is clearly seen in the recent statistics of the repossession rates. Predicted repossession rates in 2010 are not going to be very high and according to the Council of Mortgage Lenders the reduced forecasts will impact Co-Operative Insurance. The expected dip in this market is revealed at repossession numbers as much [ Read More ]
Insurance just has a new entry! The latest addition to the host of options open in the insurance market now includes the accident forgiveness plan. This plan is an option offered alongside auto insurance and is an open end option, not a compulsion. The initiative taken by the National Association of Insurance Commissioners now makes [ Read More ]
The market scenario addressing Second Mortgage and related Term Loans is impacted by the sudden quick access to funds relating to equity in the said property. Today, dedicated lenders have completely revamped exit strategies to make the repayment of the loan amount an easy affair. The absence on the emphasis for presentation of financial statements [ Read More ]
