Finance Articles


Homeowners absorb rate shock

Home  Jan, 2007

Homeowners absorb rate shock - Millions of homebuyers were today assessing impact mortgage repayments of yesterday's sudden rate hike - third just five months ICICI savings rate up 5.65% - The post-rate rise savings war has fired up, with ICICI bank raising rate its online HiSave account 5.65% from 5.45% >>Beat rate rise|



Homeowners absorb rate shock  [01/12/2007 01:17 PM]
Millions of homebuyers were today assessing the impact on their mortgage repayments of yesterday's sudden rate hike - the third in just five months
ICICI savings rate up to 5.65%  [01/12/2007 01:17 PM]
The post-rate rise savings war has fired up, with ICICI bank raising the rate on its online HiSave account to 5.65% from 5.45% >>Beat the rate rise|
Market report: Friday latest  [01/12/2007 01:17 PM]
12.30:After yesterday's battering due to the shock rise in interest rates, the housing sector steadied today, helped by positive trading outlooks
Beckham move sparks domain-name rush  [01/12/2007 01:17 PM]
David Beckham's big money move to the United States has prompted a frenzy of 'cyber squatting', a leading domain name firm said today
BA flies into trouble over fuel charge  [01/12/2007 01:17 PM]
British Airways has been accused of profiteering at the expense of its customers, despite cutting the fuel surcharge on its important transatlantic flights
Floods raise insurance fears  [01/12/2007 01:17 PM]
59 flood warnings have been issued across the UK - Insurance experts are warning homeowners to urgently check their insurance arrangements
Bank shocks with rate rise  [01/12/2007 01:17 PM]
Borrowers' bills will be going up sooner than expected after the Bank of England today surprised everyone with a rate rise of a quarter-point to 5.25%
FSA widens PPI crackdown  [01/12/2007 01:17 PM]
The financial watchdog is stepping up its work to crackdown on the selling of controversial payment protection insurance, by sending out undercover 'mystery shoppers'
Rival sues Apple over iPhone name  [01/12/2007 01:17 PM]
Less than 24 hours after Apple unveiled its new iPhone, a rival company is suing for an alleged trademark violation
ATM plant closure to cost 650 Scottish jobs  [01/12/2007 01:17 PM]
US-owned cash machine producer NCR is to axe 650 manufacturing jobs as it confirmed it will close down its Dundee plant
Experts warn on mortgage crisis  [01/12/2007 01:17 PM]
More than 50 families will lose their homes every day this year because they cannot cope with their mortgages, experts have warned
Novice landlords defy rental downturn  [01/12/2007 01:17 PM]
Newcomers are flooding the buy-to-let market, refusing to be spooked by the fact that rental returns have fallen to a five-year low
Fanfare as iPhone unveiled  [01/12/2007 01:17 PM]
It's a phone, an MP3 player, a camera and a hand-held computer, and at £260 it's got Apple shares soaring. So is this the gadget the world's been waiting for?
NU casts doom for endowments  [01/12/2007 01:17 PM]
Norwich Union has admitted there is a high risk that 90% of its mortgage endowment policies will not perform well enough to cover policyholder's home loans
WHS closes final-salary pension scheme  [01/12/2007 01:17 PM]
WH Smith has announced that it is winding up its final-salary pension scheme, affecting 2,000 of its staff and 700 more at demerged distribution arm Smiths News
Tesco to sell private medical cover  [01/12/2007 01:17 PM]
Tesco has announced that it is to sell private medical insurance in a further expansion into the personal finance market>> NEWS & ADVICE: Health insurance
Warning on new year gym sign-ups  [01/12/2007 01:17 PM]
January is the best month of the year for gyms and health clubs - but This is Money reveals the various pitfalls of rushing to sign up
Civil Service pensions curbed  [01/12/2007 01:17 PM]
Future recruits to the Civil Service will have to work until 65 and their pension will not be linked to their final salary
British Gas fined £5,000  [01/12/2007 01:17 PM]
British Gas has been fined £5,000 for keeping customers on hold on a premium rate telephone number and not properly informing them of the cost
Hawks seize the controls  [01/12/2007 01:17 PM]
City economists had to show shock at the rate rise - otherwise their employers at the investment banks might wonder why they bother to pay such ill-informed geniuses so well
30 Second Guide To German Growth  [01/12/2007 01:17 PM]
The Daily Mail City team examine why things are looking up in Germany after years of stagnant consumer spending.
Midas: Credit Experian with a look  [01/12/2007 01:17 PM]
This week the Financial Mail's top stockpicker takes a closer look at credit checking agency Experian, and concludes it's a good time to buy
They falsely invoiced then threatened me  [01/12/2007 01:17 PM]
This week the ace investigator takes a closer look at a company called Imprint, which has issued false invoices for children's safety handbook
When insurers make a policy out of sleaze  [01/12/2007 01:17 PM]
There are apparently no tactics too base for some insurers in their efforts to squeeze every last drop of profit out of their policyholders