One of Arizona’s premier credit unions was featured in a recent report that showed how much the Federal Home Loan bank program is assisting smaller banks. By helping with home loan management, the FHL is assisting these small banks in managing their balance sheets, and helping them develop new loan products. As more banks fall […]
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Darling Wants Lenders to Cut Home Loan Costs
Posted on April 23rd, 2008 by Bright Light
Chancellor Alistair Darling once again called on banks to lower their home loan costs, citing that consumers simply cannot keep up. Darling has been encouraging banks to cut their home loan rates for several months, but few have complied. The latest move from the Bank of England to further shore up the home loan industry […]
Westpac May Start Trend Towards Cheaper Home Loan Availability
Posted on April 16th, 2008 by Bright Light
Westpac’s announcement that they plan to cut commission rates quite heftily has been taken by for a sign by many experts that cheaper home loan availability is about to go up. Currently, most consumers are waiting to get a home loan since rates are up, economic certainty is down and the housing market news continues […]
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