Consumers are becoming less weary of credit, leading to an increase in demand for credit cards and home mortgages. A report from the British Banker’s Association is claiming that mortgage approvals,...
New figures indicate that mortgage rates are at their most affordable level since the late 1990s. On average, borrowers spend approximately 27 percent of their income on mortgage payments as of the se...
As the United States economy moves into a period of sensitive but steady recovery, economists are expressing their concerns about the low interest rates that the Fed has been supporting. Wall Street a...
Recent statistics released by the FSA indicate that the housing market is really not faring as well as it appears to be on the surface. The whole problem resides in something termed an ‘interest onl...