- Will rate cut help housing market?
The latest fall in house prices – 2.5% in March, the biggest drop since the property crash of the early 1990s – has contributed to the Bank of England’s quarter-point rate cut on Thursday to 5%. While this is a welcome move for businesses and financial markets, it is not expected to have a dramatic impact on the struggling housing market.
(Filed: Fri Apr 11 2008)
- Crunch, squeeze, pinch – credit conditions painful for all
The credit squeeze for UK households and businesses has become considerably worse in the past three months and is expected to deteriorate further, according to the Bank of England’s quarterly survey of credit conditions released last Thursday.
Company: Decision Homebuyers
(Filed: Mon Apr 07 2008)
- Plan to take part in the 2008 Spring Parade of Homes
During the weekends of April 19 & 20 and 26 & 27 more than 100 new homes throughout the Atlanta region will be part of the 2008 Spring Parade of Homes.
Company: Flammer Relations, Inc.
(Filed: Mon Apr 07 2008)
- Mortgage market shrinks further
Two more banks – the Co-operative Bank and the UK divisions of Lehman Brothers – have announced the withdrawal of some of their mortgage deals, a move which follows fast on the heels of First Direct suspending its entire range of mortgage products to new customers.
(Filed: Fri Apr 04 2008)
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