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June 11, 2014 Dear Sir, Regarding bank loans to seniors and public suggestions that there might be factors other than age involved in the banks’ refusal of house mortgage loan requests. I can report definite evidence that age is the only factor invol...

Butterfield: Variable 30-year 6.75 % HSBC Bermuda: Variable 30-year 6.50% Capital G: Variable 30-year 6.50%

Readers provide their answers to our Request for Recommendations: Pay down their mortgage or save for retirement? What should the family do? Two weeks ago, Moneywise presented a composite family case (Mrs. And Mrs. Case) to the readers of The Royal ...

The rate of home-loans in foreclosure is set to soar this year as the Island’s residents continue to struggle to pay their mortgages. This according to Capital G boss Ian Truran who sees cash-strapped homeowners facing increased financial challenges ...

HSBC does not believe Bermuda will see a high number of foreclosures this year. The bank's Deputy CEO Richard Mosley said unlike the US, Bermuda was a more conservative market where people work hard to retain a ‘piece of the rock'. Last year less tha...