Interesting Personal Debt News Links (April 21, 2009)

April 21, 2009

* Mortgage lending falls to its lowest monthly level since 2001 (Paul Farrow, The Daily Telegraph)

Gross mortgage lending declined to an estimated �9.9bn in February, down 15pc from �11.7bn in January and 60pc from February 2008, according to new data from the Council of Mortgage Lenders.

* SOUNDING OFF:When eyeing staff cuts, dont discount good news (Steve Smith, Daily Pilot)

These days, there is a tremendous amount of good economic news besides a gently rising stock market, but you are going to have to work hard each week to find it.

* Feds may have home sellers disclose energy cost (Kenneth Harney, San Francisco Chronicle)

The Obama administration’s top housing official, Shaun Donovan, secretary of the Department of Housing and Urban Development, said consumers deserve more information on the energy efficiency of the houses they buy – resale and newly built. And he said mortgages should come with lower rates or better terms to encourage purchases and retrofits that save energy.


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