- ARCHIVE / May, 2008
- Nationwide reports 40% fall in mortgage lending levels
According to a recent report the Nationwide Building Society saw mortgage lending levels fall by 40% last year, stating that this was fuelled by “unprecedented market conditions”. Like other lenders, the Nationwide had to cut back dramatically on lending last year, with the global credit cards crunch making it increasingly difficult for lenders to get […]
- Debt Consolidation Mortgage: Home Solutions for Integrating Arrears
Credit card debts, auto loans debts, secured loans debts, unsecured loans debts – debts of all sorts and types registered against your name.
It is hardly a very promising situation. Debt is an obligation from which you can’t turn away. It is obviously not something you aspired for. But it is surely something with which […] - Refinance Loan Tips: Debt-to-Income Ratio?
What is a debt-to-income ratio?
Your debt to income ratio compares the amount of your debt (minus your mortgage payment) to your gross income. In most cases, the ratio is calculated on a monthly basis. For example, if your monthly gross income is $2,500 and you pay $500 per month in debt payment on loans and […]