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UK mortgage lending down 44 pct from a year ago (AP)
AP - Mortgage lending in Britain was down 44 percent in October compared to a year ago, further evidence the economic downturn is hurting an already weak property market, the Council of Mortgage Lenders said Thursday.
 
Homebuilder, REIT shares tumble as recession spreads (Reuters)

Robert Toll, Chairman and Chief Executive Officer of Toll Brothers Inc., answers questions during the Reuters Housing Summit, in New York, February 20, 2008. (Chip East/Reuters)Reuters - The shares of big U.S. homebuilders and real estate companies alike slumped on Wednesday as housing starts fell to a record low and concerns spread the commercial real estate market is going the way of residential.



 
China fund in talks for stake in AIG unit: report (Reuters)

People stand outside the American International Group (AIG) offices in New York September 17, 2008. (Shannon Stapleton/Reuters)Reuters - A consortium led by sovereign wealth fund China Investment Corp is in talks to buy a stake of up to 49 percent in American Life Insurance Co, a unit of U.S. insurance company American International Group , the Nikkei financial daily reported.



 
Mortgage application volume falls 6.2 pct (AP)

The headquarters of mortgage lender Freddie Mac is seen in Mclean, Virginia, near Washington in this September 8, 2008 file photo. (Jason Reed/Reuters)AP - Mortgage application volume fell 6.2 percent during the week ended Nov. 14, according to the Mortgage Bankers Association's weekly application survey.



 
Senate to probe bond-ratings firms: report (Reuters)

Senator Norm Coleman speaks at the second session of the 2008 Republican National Convention in St. Paul, Minnesota September 2, 2008. (Brian Snyder/Reuters)Reuters - A U.S. Senate subcommittee is opening a probe into causes of the global financial crisis, focusing in part on whether bond-ratings firms, driven by conflicts of interest, boosted mortgage investments which have since collapsed, the Wall Street Journal said.



 

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Sparkle This Christmas With Flexible Credit Card Options
During the UK festive season, heads of the household spend approximately 29 hours shopping for food and presents and 4.5 hours wrapping gifts. Christmas is unavoidable but associated stress is with a spot of preparation.
 
Slash Your Gas Bills Down With Gas Credit Cards
The best way to cut you gas bill is to get a gas credit card. Why? Because it gives you rebate every time you pump gas to your tank. Gas credit cards are similar to the usual credit cards. These cards are provided by specific gasoline stations, gas companies and major credit card companies. It also goes along with best perks such as cash back, rewards and rebate.
 
Understanding Your Credit Report With Credit Repair
The global economy is going through a major recession right now and the end result is that whereas previously banks and lending agencies were more than happy (note actually encouraging) for consumers to borrow large amounts of money with lowered rates of interest designed to encourage people in doing so. With the so called global credit crunch, the financial services have not become much more wary and reluctant about how much they lend as well as to who they lend to.
 
Raise Your Credit Score by 100 Points Within 90 Days
Are you trying to raise your credit score? Do you need to know how to change your credit for the better? There are some simple things that you can do to Raise your Credit Score By 100 Points within 90 days. Here are some tips to help you get a better credit score.
 
How Student Credit Cards Are Different to Standard Credit Cards
The financial needs of college students are very unique. Students require money to buy the text books, paying the college fees, etc.
 
No Balance Transfer Fee Card
Whether your credit card debt is out of control or you're just trying to save money, it makes sense to try get a lower interest rate on your credit balances, and if you can transfer those balances to a no balance transfer fee card, you'll be saving even more cash. The trick is finding a no balance transfer fee card with terms as good as a card that does charge fees.
 

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