Hints and tips:
...But in fact, since the start of the pandemic, mortgage interest as a percentage of incomes has risen hardly at all (green line)....
...Mortgage rates, for example, have risen c50 basis points (and over 100bp for higher LTV) in recent months according to the Bank of England’s own data....
...Although early days, the Green Deal could be a catalyst in the mid-term....
...Running the length of this 1,350-acre focal point will be a green space inspired by New York’s Central Park....
...David Blanchflower, Bruce V. Rauner professor, Dartmouth College Most unlikely....
...Topshop magnate Sir Philip Green lost £5m. But, then, he is used to offloading cheap stock . . ....
...HR Owen, the country’s largest luxury car dealership, said sales of pre-owned marques are up a third through September. ——————————————- Mortgage market Government-backed schemes such as Funding for Lending...
...Originally from a small town in Ecuador, he is a Japanophile who makes regular trips to Tokyo and enjoys drinking sake and expensive green tea....
...“For China and renewable energy, it won’t have a lot of impact,” says Arne Eik, CDM expert at Thomson Reuters Point Carbon....
...Call it what you will — but it’s more L-like than V....
...FOUR AREAS WHERE GREEN SHOOTS COULD SPROUT: US housing With US mortgage rates at record lows and national home prices down more than 30 per cent from their 2005 peak, there are hopes that the seeds of...
...“Last July’s interest rate hike was very important from the point of view of the ECB’s credibility,” argues Jörg Krämer of Commerzbank....
...And the point Krugman makes about banks is worth particular attention. The green shoots have, after all, largely been shaped around the better than expected earnings we’ve seen from banks....
...Stuart Green, economist at HSBC, says: “The obvious point of reference is the Federal Reserve cutting rates and it doesn’t appear to have much discernible effect on the economy.”...
...The scope for banks to scoop up and repackage loans – as they did with subprime mortgages – will also be constrained....
...The FTSE 100 ended 10.9 points, or 0.2 per cent, lower at 6,076.5 while the FTSE 250 gained 37.2 points, or 0.4 per cent, to 10,421.1....
...Such ease of mortgage funding allowed thousands of borrowers to get away with fraudulently mis-stating their incomes, often with the encouragement of their brokers....
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