Monthly Archives: September 2007

Cliff D’Arcy writes a column from England and it is worth noting that he is doing one great job for the people of the UK. In his blog last week, in More Mortgage Rates Increase, he warned that, thanks to … Continue reading →

Theage.com has reported today, September 24, 2007 that the reverse mortgage industry in Australia has grown quickly to be worth $1.8 billion since 2006 and is likely to keep growing as baby boomers look to fund a more comfortable retirement. … Continue reading →

According to the Wall Street Journal the United States long-term home-mortgage rates were up slightly this week ending Friday, September 20, 2007 with the 30-year fixed rate averaging 6.34% compared with last week’s 6.31%, according to Freddie Mac’s weekly survey. … Continue reading →

Friday, September 21, 2007 Bloomberg.com reported that HSBC Holdings Plc, the United Kingdom bank that was among the first to disclose bad United States home loans seven months ago, will shut its Decision One subprime mortgage unit and eliminate 750 … Continue reading →

Suzzy Jager writing from New York City, New York believes that Ben Bernanke, United States Federal Reserve Chairman, hinted yesterday that he expects the crisis in America’s mortgage market to be over by March. Bernanke of The United States Federal … Continue reading →