Goldman Sachs profits halve but bankers’ bonuses only down by 5%
Goldman Sachs bank has reported net income of £1.49bn for the fourth quarter of 2010, down 53% from a year ago. Total profits for the year as a whole were £5.26 billion down 38% on 2009. Yet total pay was down by a mere 5%. The Wall Street firm paid out a massive £9.6 billion [...]
January 26, 2011
Tags: banks, borrowing, Credit Crunch, sub prime loans, US loans rates, US mortgage rates Posted in: Credit Crunch, Lenders, Loans Calculators, Uncategorized 
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US loans interest rates left unchanged
The Federal Reserve Board has kept US interest rates on hold at between 0% and 0.25%, as had been widely expected. Despite the US economy growing 3.5% in July to September – its first expansion since June 2008 – rates were left unchanged to further aid the recovery. The Fed reiterated its view that rates [...]
November 4, 2009
Tags: home loans, Interest Rates, loans, US loans rates, US mortgage rates Posted in: Uncategorized No Comments
Mortgage Interest Rates for the self employed and people with bad credit histories
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August 4, 2009
Tags: home loans, mortgage calculator, UK loans rates, uk recession, US mortgage rates Posted in: Uncategorized No Comments
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August 3, 2009
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July 22, 2009
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Wall Street lower on gloomy data
US investors opt to take profits on release of disappointing data and as Bernanke warns that America must curb its budget deficit. Gloomy housing sector data and continued layoffs led to a subdued Wall Street opening as investors played safe with their profits after a succession of session gains. Investors were also reacting to a [...]
June 3, 2009
Tags: Bernanke, FED, mortgage calculator, US loans rates, US mortgage rates Posted in: Uncategorized No Comments
US Loans markets defy FED as Treasury yields spike
The US Federal Reserve Board (FED may soon be forced to launch fresh blitz of quantitative, or risk seeing economic recovery snuffed out by the latest surge in long term borrowing costs. Yields on 10 year Treasury bonds have risen relentlessly since March when the Fed first announced its plan to buy $300bn (£188bn) of [...]
May 28, 2009
Tags: consolidate debt loans, FED, home loans, refinancing rates, US loans rates, US mortgage rates Posted in: Uncategorized No Comments
US economy facing substantial risks
The US economy is still facing “substantial risks” as the property bust spreads to commercial real estate and the recession engulfs the world, a top White House adviser has said. Larry Summers, chair of the National Economic Council, said there were signs that worst may be over but warned that “it is a long road [...]
April 20, 2009
Tags: consolidate debt loans, new home sales, recession, US mortgage rates Posted in: Uncategorized No Comments
Fed shock the markets with a bumper $1.15 trillion stimulus plan
The Federal Reserve shocked the market with a $1.15 trillion boost for the US economy. The funds will be used to buy government debt and to liquidate Fannie Mae and Freddie Mac. The Fed kept interest rates on hold at 0-0.25 % as expected, however the sheer scale of the plans surprised the markets. $300 [...]
March 19, 2009
Tags: FED, Interest Rates, Quantitative Easing, US loans rates, US mortgage rates Posted in: Uncategorized No Comments
G20 meeting springs little surprise
There was actually very little focus at the G20 on the forex markets and recent volatility. The main interest was the pledge to double the amount of resources of the IMF, this essentially comforted the markets and encouraged risk appetite. For the week ahead, the main highlight will be the US interest rate decision on [...]
March 16, 2009
Tags: Credit Crunch, G20, Loan calculator, uk recession, US loans rates, US mortgage rates Posted in: Uncategorized No Comments
