Where Are The Best Interest Rates To day we are certainly seeing some of the best interest rates ever seen in the history of motgage lending. Back in 1975 there was around 5,000 different interest rates available in the UK mortgage market and just before the credit crunch four year ago there were over 18,000 different interest...
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Credit Crunch 2007 Four years after the Credit Crunch we find that the banks still don’t trust each other and they are finding it hard to lend to us. The value of houses has dropped and property valuers are still down valuing properties. The number of mortgage interest rates available today is down from...
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We are now a year into the credit crunch in the United states and the UK. The US president and congress launched the biggest financial stimulus package in history designed to bail out the financial sector of the US economy and the auto industry and as a consequence the world economy. The experts wanted...
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The new British debate is the Recession It’s not difficult to get involved with the debate about the credit crunch and the current national and global recession. Gordon Brown the Prime Minister is the ex-Chancellor of the Exchequer and he is well remembered for his continuous chanting of the word ‘prudent’ whenever he was...
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After the past weeks of turmoil in the money markets and the loss of Lehman Brothers, the fourth largest Investment Bank in America (a bank that survived the 1929 Great Depression, the First and Second World Wars) which was brought down by the after shocks of the 2007 Credit Crunch. It make us wonder what chance we...
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Most of us have a garage but we don’t store our cars in it. Our garages are filled with goods we have purchased and now don’t use or want any more. We are a nation of hoarders, our garages are full of goods that we can either swap, recycle and/or sell through eBay or the...
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