The Bank of England deviated from their American counterparts at the Federal Reserve by announcing they were not cutting rates at this time. In a statement, Gov. Andrew Bailey said, “Today we held interest rates at 4%. Since August last year, we have been able to cut...
A decades-old crime is solved, an emergency without urgency is declared, and bizarre happenings in the UK and Canada. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Sept. 1-5. Hit: Justice is Done. The happiest news of the...
The governor of the Bank of England has issued a warning that proposals by the UK government to relax limits on riskier mortgage lending could start a new wave of home repossessions. The Financial Times reports that Andrew Bailey warned Parliament that he was “very...
Condo Groups Take Fannie-Freddie Financing Fight to Capitol Hill
