BankingSantander first major bank to increase mortgage rates this yearJanuary 23, 2024114Santander has become the first major lender to increase mortgage rates this year after last week’s surprise rise in inflation.After...
Mortgages2024-2028 Housing Market Predictions: A Gradual Thaw With Added Challenges | U.S. News Housing Market IndexJanuary 23, 2024140Over the next five years, although some trends accelerated by the COVID-19 pandemic will continue to influence real estate and...
MortgagesThese 1pc deposit mortgages are a desperate bribeJanuary 23, 2024137Greater demand without any significant measures to address squeezed supply will make the dream of home ownership for many people...
MortgagesBanks decline mortgage applications in ‘climate change credit crunch’January 19, 202450In 2021, the Bank of England (BoE) published a report on financial risks posed by climate change for the largest...
MortgagesWhy Labour’s 25-year mortgages don’t add upJanuary 15, 202452Unintended consequencesThis would allow more first time buyers on to the property ladder, but potentially with a knock on effect.Mr...
MortgagesHow France’s socialist mortgage cap backfired on MacronJanuary 13, 202460Jason Porter, of the financial adviser Blevins Franks, agreed that lenders across the board – right from standard residential to...
MortgagesMortgage payments soar by £200 a month after interest rate hikesJanuary 12, 202467During the first lockdown, the average payment fell to a low of £657 per month – almost £250 below current...
BankingGoldman Sachs predicts faster interest rate cutsJanuary 4, 2024247Goldman Sachs upgraded its growth forecasts as a result of its new interest rate expectations.The smaller blow to household finances...
BankingHSBC first big bank to offer sub-4pc mortgages as rate war heats upJanuary 3, 2024124He added: “These cuts are just the latest salvo in an increasingly fast-moving market. HSBC’s move is notable in that...
EconomyMortgages due this year threaten to sink US economy as thousands of workplaces remain emptyJanuary 1, 2024166Hundreds of loans on office buildings are about to come due at a very bad timeLoans were taken out in...