Archive for: November 5, 2006

I tell you its a risky business.  

Abbey defends new mortgage
By Nic Cicutti  
Abbey, the UK’s second-largest mortgage lender, has defended itself over its announcement to lend up to five times borrowers’ income, arguing that …

One of the hardest things for most people to do is save at least 20% down for a mortgage.  Many lenders prefer 20% down or at least require 5 to 10% down. 

Usually you will have to get private mortgage insurance …