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Tuesday, 26 August 2008 |
By Mark Dawson
 Britons are struggling more with their money now than has ever been recorded.
Such is the assertion of the Alliance Trust Research Centre, which has revealed that its most recent Financial Reality Index has hit the lowest-ever point in the 11 years that the organisation has been tracking the public's ability to manage their finances. In its findings, the firm showed a drop across all three of its indices measuring consumers' financial wellbeing during the past three months, with house price growth reported to have slowed.
However, Alliance Trust pointed towards a slight rise in household consumption over the first six months of 2008. This came despite an increase in debt levels, with the cost of energy and food also indicated to have risen since the start of the year.
Among the areas of their personal finances in which Britons may be currently experiencing difficulties are issues such as meeting repayments on their credit cards and loans.
In addition, it was revealed that households are having to put more of their income towards council tax bills and mortgage payments. However, with |
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Last Updated ( Tuesday, 26 August 2008 )
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Sunday, 24 August 2008 |
By Alex Refintage
 A "streamlined" FHA refinance covers the lender's underwriting and documentation requirements, and does not imply the absence of costs. You may be able to borrow on your home equity so that you can repair or improve your home, as long as you make sure that all improvements are energy efficient. This advice included information regarding foreclosure procedure, refinancing their current loan into a FHA loan, and working out payment plans to avoid foreclosure. Emanuele Allenti is the owner of bad credit home loans and poor credit home loans websites. For the homeowner looking to pull equity out of their home. The US Federal Housing Administration offers loans that enable individuals to acquire a home with a down payment as low as 3% - a percentage comparatively lower than most limits for regular loans. If you signed up for a refinancing on your home with an adjustable rate mortgage, this credit crunch, and rises in interest rates, may be the tip of the iceberg about to send your dreams of home ownership to a dark and watery grave. The saving grace for many Connecticut |
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Last Updated ( Sunday, 24 August 2008 )
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