House prices 'ignore credit woes'
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UK house prices shrug off the recent credit market turmoil to post a surprise rise in September, Nationwide says.
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US Federal Reserve Chairman Alan Greenspan said on Tuesday that he did not foresee big price distortions developing in home prices and said Americans were handling their debts well.
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Thousands of people paying mortgages are unaware of the risk to their homes posed by missed payments,  a charity says.
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The housing market is slowing as higher interest rates bite, says the Royal Institution of Chartered Surveyors.
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UNITED KINGDOM - The process of property market weakening has been recently observed due to declining mortgage lending for the last two months in a row in the UK.
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New figures from major banks and building societies confirm that the UK housing market is slowing down. The Council of Mortgage Lenders and the Building Societies Association have both recorded a slowdown in mortgage lending.
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Business & money: House prices in England and Wales edged ahead by 0.4% during September, government figures show.
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While it might be tempting to go bargain hunting in the mortgage industry, investment advisers donât think that prices yet fully reflect the troubles the industry is likely to see in the coming months.
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Business & money: House price inflation in UK last month eased to its lowest level since March, mortgage lender says.
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HOUSE prices have shown their largest decline in four years, according to figures out yesterday. The data came as the Bank of England announced that its interest rates would stay at 4.75 per cent.
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U.S. Federal Reserve Chairman Alan Greenspan said on Tuesday that he did not foresee big price distortions developing in home prices and said Americans were handling their debts well.
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The Bank of England left the cost of borrowing unchanged at 4.75 per cent on Thursday after data had shown a slowdown in the housing market, slowing consumer
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The Bank of England announced it was leaving interest rates unchanged at 4.75 percent for a second successive month, amid signs that Britain's red-hot housing market is cooling slightly.
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Mortgage lenders have hit back at accusations that they are responsible for the rapid rise in house prices.
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House prices in England and Wales fell slightly in August, property research company Hometrack says, offering another sign the market may be cooling in the face of higher interest rates.
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The rate of house price growth more than halved in June in the face of higher interest rates, a report claims.
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The threat of higher interest rates is putting off some potential first-time home-buyers, a survey suggests.