Property Investment News and Analysis from Dominic Farrell
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An Exciting Year Ahead As Those Who Dare Win
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Main Page  »  Property Investment Finance
« Previous 30 days  |  Next 30 days »
Friday, November 30
View Article  Hopes that Fed will cut rates lead to world stock market
by Jet-to-Let Magazine on Fri 30 Nov 2007 09:29 GMT

Shares leapt on both sides of the Atlantic yesterday after market hopes that the Federal Reserve will try to calm credit conditions with further interest rate cuts were boosted by soothing comments from the US central bank’s vice-chairman.

Stock markets surged in London, New York and across Europe after Donald ...   more »

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Tuesday, November 27
View Article  Darling hints at capital gains tax U-turn
by Jet-to-Let Magazine on Tue 27 Nov 2007 11:46 GMT

Alistair Darling today signalled that he may backtrack on his unpopular changes to capital gains tax, as critics continued to attack his decision to announce the proposal without consulting the business community first.

 

Speaking at the CBI annual conference this lunchtime, the chancellor said he was "open to suggestions" ...   more »

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Wednesday, November 21
View Article  6% growth in mortgage lending
by Jet-to-Let Magazine on Wed 21 Nov 2007 10:40 GMT

Gross mortgage lending grew to an estimated £32.4 billion in October, rising nearly 6% from £30.6 billion in September and £30.6 billion in October last year, according to the Council of Mortgage Lenders (CML). 

 

While the increase is higher than the 3% seasonal rise that might typically be ...   more »

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Friday, November 9
View Article  Play the currency game to pay your mortgage
by Jet-to-Let Magazine on Fri 09 Nov 2007 15:53 GMT

If you had put a £1m mortgage into US dollars at the start of the year and left it without making a single payment, then thanks to the falling dollar that mortgage would have decreased in value by more than £70,000.

 

Such is the beauty of foreign currency mortgages, ...   more »

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Monday, November 5
View Article  US spending slow despite rate cut
by Jet-to-Let Magazine on Mon 05 Nov 2007 17:37 GMT

Growth of spending by US consumers slowed more than expected in September, despite a half a percentage point interest rate cut during the month.

 

Spending grew by 0.3% in September after August's revised growth of 0.5%, according to the Commerce Department.

 

A separate report showed that US factory ...   more »

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