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The long and short of it: fixed-rate mortgages

Article Abstract:

Long-term fixed-rate mortgages are being offered by British banks and thrifts that have long shied away from them because of the risk of inflation. Lenders face the risk of prepayment of the loans, which makes them more difficult to price.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993

Banking industry, Management, Mortgages

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Leaning, but still standing

Article Abstract:

Britain's savings and loan associations are struggling with plummeting home prices and bad property loans. Speculation that there may be need for a government bailout are premature though, as the industry is not in danger of collapse.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992

Housing, Real estate, Real property

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Subjects list: United Kingdom, Savings and loan associations

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