www.cashinvenstor.com - Money and investing - News and Updates http://www.cashinvenstor.com Your online community for Money and investing, live chat, links directory . . . . en-us Money and investing http://www.dmcubed.com/pics/blog.gif http://www.cashinvenstor.com 88 31 Money and investing Mortgage knock-back for thousands as new rates begin to bite http://www.cashinvenstor.com/read.php?article=35291 HUNDREDS of thousands of would-be borrowers have had their mortgage applications knocked back in the last six months as interest rate rises start to bite, according to new research. Debt alert as credit cards used to pay mortgages http://www.cashinvenstor.com/read.php?article=35290 WARNINGS have been sounded over a fresh debt crisis after it emerged that 40,000 households in Scotland use credit cards to pay their mortgages. Big debts spell a bad start to adult life http://www.cashinvenstor.com/read.php?article=32821 A THIRD of young people have been over £5,000 in debt, and one in five has owed more than £10,000, a new survey reveals. Credit crunch begins to hit a slowing housing market http://www.cashinvenstor.com/read.php?article=29061 DESPITE continued house-price growth in the UK, there are signs the market could be starting to slow. Borrowers feel the squeeze http://www.cashinvenstor.com/read.php?article=25858 BUYING a home became more expensive last week as the chaos on the money markets rumbled on. Not only will monthly repayments rise for many borrowers but we could see the emergence of mortgage queues, with young borrowers hit particularly hard. Northern Rock set for more pressure amid calls for calm http://www.cashinvenstor.com/read.php?article=24786 NORTHERN ROCK is expected to remain under pressure from its customers today after the group sought emergency support from the Bank of England. Era of cheap mortgages and loans has to end, warns bank chief http://www.cashinvenstor.com/read.php?article=24604 THE era of cheap credit for mortgages and personal loans must end or Britain will face financial turmoil greater than the recent market crisis, the governor of the Bank of England warned yesterday. BoE eases loan restrictions, but ITEM warns of GDP effect http://www.cashinvenstor.com/read.php?article=24603 BRITISH banks have snapped up another £4.4 billion in emergency funding offered by the Bank of England yesterday to replenish liquidity and give them more leeway to borrow without penalty to manage daily cashflow. PM urges transparency in wake of credit crunch http://www.cashinvenstor.com/read.php?article=21472 THE Prime Minister has called on the City to disclose more about the risky and complex financial instruments that lie behind the current credit crunch that has seen lending liquidity dry up as banks shun taking on more debt. Mortgage costs look set to rise http://www.cashinvenstor.com/read.php?article=20854 SOME mortgage rates are rising as a direct consequence of the recent turmoil in world financial markets. Most affected are home loans to people with a poor credit history, where rates have risen by up to 2.5 per cent. Surprise, surprise - receiving bills can make you worry about money http://www.cashinvenstor.com/read.php?article=20853 ONE in five Britons worries about money on a daily basis, with anxiety most likely to be triggered by receiving a bill, a survey has shown. 50% say debt deal is worth it http://www.cashinvenstor.com/read.php?article=19664 MORE than half of Britons would consider taking out an Individual Voluntary Arrangement if they were in serious debt, a poll showed today. Driven to despair by debt http://www.cashinvenstor.com/read.php?article=19663 AS DEBT levels spiral in Scotland, and across the UK, more people are being driven into the last resort of bankruptcy - known as sequestration north of the Border. Rise in number of £1m loans http://www.cashinvenstor.com/read.php?article=19219 BRITAIN'S borrowing culture is now so powerful it has sparked the arrival of the £1 million "jumbo" bank loan, it was revealed yesterday. Banks tighten up mortgage rules in wake of loans crisis http://www.cashinvenstor.com/read.php?article=19218 HOMEBUYERS will face stringent new checks to obtain mortgages from today as lenders tighten the rules for borrowing in the wake of stock-market turmoil.