Mortgage warning: two-year deals ‘dangerous’ as house prices weaken and rates rise

  Looming interest-rate rises and a stagnant housing market mean first-time buyers with large mortgages are at risk of becoming “loan prisoners” where in future years they will be trapped paying some of the highest rates, mortgage experts have warned. The most popular mortgage deals involve fixing rates for just […]

LOAN WARNING Is your mortgage a ‘ticking time bomb?’ Millions of households warned about interest-only home loans

INTEREST-only mortgages are a “ticking time bomb” for hundreds of thousands of homeowners in the UK who may have no way of paying off the money they owe, experts have warned. Borrowers on this type of loans are allowed to only pay the interest on their mortgage each month, meaning […]

Samsung Joins Apple in Warning of Gloomy 2016 for Technology

Samsung Electronics warned of slowing demand and economic turbulence after its quarterly earnings missed analysts’ estimates, joining Apple in foretelling a downbeat 2016 for the technology sector. The Korean conglomerate, whose quarterly profit fell short of expectations by almost 40 percent, said the deteriorating global economy was eroding demand for […]

China’s Prison Tour For Officials Serves as Anti-Corruption Warning: Report

BEIJING:  Chinese officials have been sent on prison tours visiting inmates including former colleagues as a warning against corruption, state-run media said today, provoking mockery online. More than 70 officials and their spouses in central China’s Hubei province spent a day in prison this month “as an educational warning”, the […]

Twitter Denies Timeline Change, Periscope Users Given Legal Warning

In addition, Periscope has been gaining a lot of attention recently. But users may need to heed some legal warnings about the platform. These headlines and more are included in this week’s Small Business Trends news and information roundup. Social Media Will a New Algorithmic Timeline Change the Look of […]