uk mortgage holders feeling the squeezeaccording to one report, consumers are more than £100 (s$201) worse off than during the same period in 2011, while a consumer sentiment survey revealed that mortgage holders are feeling the pinch from recent interest rate hikes.mortgage crisis worsening, central bank figures showthe mortgage arrears crisis is deepening as new central bank figures show there were nearly 78,000 mortgages in arrears of 90 days or more at the end of march in an increase of nearly 8,000 over just three months.first trust mortgage income fund declares its monthly common share distribution of $0.16 per share for junefirst trust mortgage income fund has declared the fund’s regularly scheduled monthly common share distribution payable on june 15, 2012 to shareholders of record as of june 5, 2012.mortgage rules prove too strict for some retireesit’s a mortgage problem that is likely to intensify as home-owning baby boomers by the millions shift into retirement: although they may have significant financial assets tucked away in retirement accounts, their diminished monthly incomes may not be sufficient to meet some lenders’ hyper-strict underwriting rules. read full article >> |
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