Those seeking to get a finance loan are finding it increasingly hard to get an approval. Lenders have raised their rates and their standards to the point where even those with great credit are being turned down for a new finance loan. The issue is affecting many sectors and a lack of new finance opportunities […]
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Finance Problems Affecting Builders
Posted on June 19th, 2008 by Bright Light
The problems in the housing market continue to affect many sectors of the housing industry, including builders. Finance loans are defaulting at increasing rates and banks are not willing to extend many borrowers a finance deal at a good rate. This has led to many homes sitting vacant, particularly since there was a housing boom […]
Finance Loan Costs and Risks Going Up
Posted on June 13th, 2008 by Bright Light
Landlords trying to get a finance loan are quickly finding that the risks and rates are going up. Right now, it appears as though the availability of high LTV finance loans may have put many novice landlords in jeopardy. The rates for these finance loans have gone sky high and many are finding it very […]
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