|    FM Home   |    FM News   |    FM Forum   |    FM Blog   |    20th of January 2018
|   Banking  |   Insurance  |   Property  |   Mortgages  |   Economy  |   Investments  |   Credit Cards  |   Debt  |   Loans  |   Pensions  |   Companies  |  

Mortgage News feed Mortgage News

All Financial News feed All Financial News




News Tag: new home sales

September 25, 2012

NewBuy reservations hit 1,500

by Jan Harris
NewBuy reservations hit 1,500
The government’s NewBuy mortgage scheme has reached 1,500 reservations according to the Home Builders Federation (HBF). The scheme is designed to help boost the number of mortgages available to home buyers with smaller deposits. NewBuy mortgages are available to buyers of new build properties who have just a 5 per cent deposit on their new home. The scheme is underwritten by the government and ...




June 23, 2011

US new home sales fall in May

by Kay Mitchell
”US
The Commerce Department has today revealed sales of new homes in the US fell, suggesting the housing market remains depressed. According to the Commerce Department, new single-family home sales fell by 2.1% in May on a monthly basis to an annual rate of 319,000 units, after two consecutive months of gains. However, despite the fall, new home sales are above levels recorded ...




May 24, 2011

US new home sales rise for second consecutive month

by Kay Mitchell
”US
The Commerce Department has today revealed sales of new homes in the US rose for a second consecutive month in April, after diving to a record low in February. According to the Commerce Department, new single-family home sales grew 7.3% on the month to an annual rate of 323,000 units, better than analysts had forecast. However, sales are still 23% ...




October 29, 2009

Has the world’s largest economy exited recession?

by Kay Mitchell
Has the world’s largest economy exited recession?
Figures due at 1230 GMT will reveal if the US economy has exited recession. The US entered the current recession in late 2007 and many analysts believe the world’s largest economy will have exited recession by experiencing positive growth of 3% in the third quarter (according to David Buik at BGC Partners). However, there are fears of a slow recovery. Many economists ...




January 30, 2009

US heads for deepening recession as economy slows further

by Kay Mitchell
”US
Official figures from the Commerce Department have revealed that the world’s largest economy contracted at its sharpest rate in over 26 years in the last three months of 2008. The figures show that US economic output plummeted 3.8%, the worst quarterly contraction since 1982, when output fell by 6.4%. While the figure was not as bad as analysts had ...




November 27, 2008

US experiences big fall in consumer spending

by Kay Mitchell
”US
Figures from the Commerce Department have revealed that consumer spending in the US fell by 1% last month, the biggest fall September 2001. Consumer spending, which accounts for more than two-thirds of US economic activity, had risen 0.3% in September. However, the latest figures show that the economic downturn is deepening. Furthermore, demand for durable goods, such as fridges and cars, ...