Mortgage fears on market turmoil
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Some UK mortgage rates are rising as a direct consequence of the recent turmoil in world financial markets.
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Fears of a US slowdown amid mortgage market woes prompt a share slump in Europe and Asia and jitters on Wall Street.
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Concern over subprime mortgages extended the stock marketâs worst weekly decline since March.
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Britain attempted yesterday to contain a run on the country's fifth largest mortgage lender amid fears that a sustained panic could damage the national economy should it further undermine the confidence of investors and consumers.
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Stock indexes hardly budged on Monday as the reemergence of turmoil in the subprime mortgage market kept investors cautious despite a fresh round of corporate takeovers.
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More than two million subprime adjustable rate mortgages (ARMs) are poised to reset at much higher rates in coming months, worsening an already suffering housing market.
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The crisis in the U.S. subprime mortgage market has heightened tension between mortgage lenders and brokers who both hope to shape any laws aimed at stamping out dangerous loans.
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As mortgage defaults rise, more houses are being put up for auction -- and more people are seeing a chance to make big bucks. But there are risks
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Troubles in the subprime mortgage  sector could put Wall Street on edge next week just as  investors look for key economic data, including the Consumer  Price Index, to shore up the market's nascent recovery after  its recent plunge.
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Business & money: Building society damaged by the sub-prime mortgage crisis in the US and other one-off charges
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The US housing and mortgage downturn is now so acute that a fall in home prices is likely, a key lender warns.
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Business & money: Heavy losses on stock market as investors worry that combination of rising interest rates and falling house prices will have damaging impact.
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The market's turmoil may be especially unsettling for middle-aged homeowners.
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Weeks after problems with subprime mortgages began roiling the industry, advertisers are offering reassurances about their stability and ability to ride out the storm.
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Sales of existing homes plunged by a record amount in September as turmoil in mortgage markets added more problems to a housing industry in its worst slump in 16 years.
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Financial market turbulence leading to tighter mortgage lending standards noticeably hurt housing activity in most Federal Reserve districts in recent weeks, adding uncertainty about the recovery of the downtrodden housing sector, the Fed said on Wednesday.
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New problems in America and Europe,  wrought by the faltering U.S. mortgage sector, jolted financial  markets on Wednesday as investors looked for a rapid central  bank response.