News Prices for single-family homes rose in 81 percent in America

Prices for single-family homes rose in 81 percent of the nation's cities as the property market extends a recovery from the worst crash since the 1930s.

Bailout fears leave US home loan giants Freddie and Fannie reeling

Shares of Fannie Mae and Freddie Mac plunged yesterday as speculation mounted that the US government would be forced to take control of the mortgage finance companies that underpin the US housing market.

Market Report: Oil and mining stocks buck market sell-off

Eurasian Natural Resour-ces Corporation led the charge of the resource stocks yesterday as the London market, depressed by a spike in the price of oil, mounting fears for the state of the economy and uncertainty about the US financial system, succumbed to the bears.

Jeremy Warner's Outlook: Calamity as distressed US mortgage companies head for the buffers

Could this be the big one? All market firestorms require a defining, cataclysmic event to mark the bottom and establish a floor from which confidence can rebuild. Northern Rock, in international terms a smallish, regional mortgage bank, was never likely to be it. Personally I thought Bear Stearns might be, but that too has proved insufficient an explosion to put out the flames.

Oil prices and mortgages send shares tumbling

Record oil prices and fears over the financial health of two US mortgage giants sent shockwaves through the UK's leading shares today.

Mortgages: 'Gold standard' for mortgages provokes a lukewarm response from lenders

The mortgage industry reacted sceptically yesterday to the Chancellor's proposals for reviving the securitisation market and encouraging the growth of long-term fixed rate loans.

Carlyle fund faces liquidation after missed margin calls

Carlyle Capital Corp, an investment fund managed by the US private equity giant Carlyle Group, said yesterday it had received additional margin calls from banks that could cause it to run out of cash.

US regulators free Fannie Mae to buy up mortgages

United States regulators have ripped up longstanding restrictions on the government-sponsored mortgage companies Fannie Mae and Freddie Mac, freeing them to buy significantly more mortgages and pot-entially to reinvigorate the secondary market for mortgage debt.

Bush agrees plan aimed at easing mortgage misery

US politicians have agreed a plan to try to bring down mortgage interest rates for millions of Americans and kick-start the ailing housing market.

Money: Property ladder pulled away

In the past few weeks I have talked to several people in their late twenties who have good jobs but believe they have missed their chance to buy a flat. They reckon that London prices are beyond their reach now - and are going to keep on rising.

Average Goldman share handout will be $126,000

THE TOP five partners at Goldman Sachs are set to receive shares worth nearly $900m (pounds 560m) when the firm goes public in June.

US rediscovers joy of inner city life

THEY USED to joke in Denver that you could stand at the top of 17th Street, one of the main thoroughfares in the city centre, and send a bowling ball down its entire length without it meeting a single obstacle along the way. That, though, was 10 years ago. Today, your ball wouldn't travel half a block.

Bears on the rampage

NEW YORK MARKET

View from City Road: Lenders need to be flexible over fixed rates

Many people who expected a Labour election victory took out fixed rate mortgages at 11.5 per cent in 1991, and now find it hard to hail them as a great innovation in personal finance. Though fixed rates bring peace of mind when rates go up, they are also extremely irritating when rates fall further than expected.
Latest stories from i100
SPONSORED FEATURES
Career Services

Day In a Page

A
Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
The long walk west: they fled war in Syria, only to get held up in Hungary – now hundreds of refugees have set off on foot for Austria

They fled war in Syria...

...only to get stuck and sidetracked in Hungary
From The Prisoner to Mad Men, elaborate title sequences are one of the keys to a great TV series

Title sequences: From The Prisoner to Mad Men

Elaborate title sequences are one of the keys to a great TV series. But why does the art form have such a chequered history?
Giorgio Armani Beauty's fabric-inspired foundations: Get back to basics this autumn

Giorgio Armani Beauty's foundations

Sumptuous fabrics meet luscious cosmetics for this elegant look
From stowaways to Operation Stack: Life in a transcontinental lorry cab

Life from the inside of a trucker's cab

From stowaways to Operation Stack, it's a challenging time to be a trucker heading to and from the Continent
Kelis interview: The songwriter and sauce-maker on cooking for Pharrell and crying over potatoes

Kelis interview

The singer and sauce-maker on cooking for Pharrell
Refugee crisis: David Cameron lowered the flag for the dead king of Saudi Arabia - will he do the same honour for little Aylan Kurdi?

Cameron lowered the flag for the dead king of Saudi Arabia...

But will he do the same honour for little Aylan Kurdi, asks Robert Fisk
Our leaders lack courage in this refugee crisis. We are shamed by our European neighbours

Our leaders lack courage in this refugee crisis. We are shamed by our European neighbours

Humanity must be at the heart of politics, says Jeremy Corbyn
Joe Biden's 'tease tour': Could the US Vice-President be testing the water for a presidential run?

Joe Biden's 'tease tour'

Could the US Vice-President be testing the water for a presidential run?
Britain's 24-hour culture: With the 'leisured society' a distant dream we're working longer and less regular hours than ever

Britain's 24-hour culture

With the 'leisured society' a distant dream we're working longer and less regular hours than ever
Diplomacy board game: Treachery is the way to win - which makes it just like the real thing

The addictive nature of Diplomacy

Bullying, betrayal, aggression – it may be just a board game, but the family that plays Diplomacy may never look at each other in the same way again
Lady Chatterley's Lover: Racy underwear for fans of DH Lawrence's equally racy tome

Fashion: Ooh, Lady Chatterley!

Take inspiration from DH Lawrence's racy tome with equally racy underwear
8 best children's clocks

Tick-tock: 8 best children's clocks

Whether you’re teaching them to tell the time or putting the finishing touches to a nursery, there’s a ticker for that
Charlie Austin: Queens Park Rangers striker says ‘If the move is not right, I’m not going’

Charlie Austin: ‘If the move is not right, I’m not going’

After hitting 18 goals in the Premier League last season, the QPR striker was the great non-deal of transfer deadline day. But he says he'd preferred another shot at promotion
Isis profits from destruction of antiquities by selling relics to dealers - and then blowing up the buildings they come from to conceal the evidence of looting

How Isis profits from destruction of antiquities

Robert Fisk on the terrorist group's manipulation of the market to increase the price of artefacts
Labour leadership: Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea

'If we lose touch we’ll end up with two decades of the Tories'

In an exclusive interview, Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea