Refinance Information

The Halifax has recently backed up opinions and reports from other mortgage lenders and companies, by stating that house prices have tumbled since the peak seen last summer. The reports come after a further drop in house prices in June, following a more significant drop in May.
In fact, officials from the Halifax, like many other […]

A coalition is offering special help to homeowners in danger of defaulting on their loan payments.

The Hope Now alliance is mailing out 300,000 letters, encouraging homeowners to search for information to avoid losing their homes.
The letter states, “Homeowners can easily find out about relief options that may include repayment plans, changes that can be made […]

A Congressional committee has O.K.’d a measure designed to eliminate deceptive marketing procedures in the troubled student loan industry. The Congressional panel is also encouraging universities to reign in high tuition costs and offer more assistance with the use of personal loans.
The legislation emerged following a scandal involving questionable dealings between lenders and college officials—a […]

In 2007 it was very easy to get a loan or a mortgage, but in 2008 it has become very difficult to raise finance from your home. Companies like Simpleto specialised in finding secured loans and also services to stop house repossession. But with credit history now a key factor for most lenders it is […]

The Bank of England announced this week that the interest rate was to remain on hold, staying at 5%. The announcement came after May’s Monetary Policy Committee meeting, and most analysts and economists were not surprised, as the majority had predicted that the central bank was unlikely to cut interest rates twice in a row. […]