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...Fewer Londoners are searching for homes in the countryside, according to property industry data that suggests more people are opting to stay in the capital as employers encourage staff back to the office...
...“Given the recent increases in mortgage rates, it was comforting to see mortgage approvals rise in March,” said Anthony Codling, analyst at RBC Capital Markets....
...The rebel group, accused by the UN of sowing “terror” and forcibly recruiting children, controls almost all supply routes into Goma, capital of the wider North-Kivu province that is now home to 2.7mn displaced...
...This item has been amended since publication to correct the name of the venture capital firm that has backed Perenna and clarify that Liam O’Hara is head of mortgages at First Direct...
...And in El-Fasher, which before the war was home to about 500,000 people, there is a deep sense of fear over what comes next....
...targeted bigger homes, has prolonged the underperformance of the capital....
...US mortgage applications for home purchases rose by the most in a year in January, according to analysis by Capital Economics of data from the US Mortgage Bankers Association on Wednesday....
...“The Prudential Regulation Authority could have concerns about banks’ exposure to 99 per cent loan-to-value mortgages, even if partially underwritten by government, and could look for additional capital...
...Corporation....
...The average home in the capital had an offer within 57 days in the first quarter of this year, compared with 81 days over 2023....
...As mortgage rates hover around 6 per cent, nearly 70 per cent of Manhattan homes purchased in the final quarter of 2023 were bought without a mortgage, according to Pamela Liebman, the chief executive of...
...The reading “suggests that the tick up in mortgage rates since the start of the year is weighing on demand for new homes”, said Matthew Pointon, senior property economist at Capital Economics....
...The drop suggests that 5-year fixed mortgage rates could dip below 4 per cent this month, according to consultancy Capital Economics....
...Tax relief for buyers of multiple homes in one transaction will also be scrapped....
...She says finding a rural home needing renovation is not as easy as it was 10-15 years ago....
...According to the Green Finance Institute, the UK now has 60 “green” mortgage products....
...Rising mortgage costs — the average mortgage rate was 4.05 per cent as of January — have also deterred many domestic buyers, providing an opportunity for foreign buyers, particularly those with cash, says...
...Consultancy Capital Economics forecasts house prices will probably fall 1.5 per cent in 2024, and that mortgage rates will sit just below 5 per cent for most of the year....
...agency — they have come up against the harsh reality of higher mortgage rates and the bursting of the work-from-home bubble....
...Porticoes Capital will seek to take over banks closed by the Federal Deposit Insurance Corporation, the US regulator, according to an official filing....
...I’d be mortgage free, if I owned just one home. And my costs of living would be drastically reduced, too. But where’s the fun in that?...
...London remained the most expensive part of the UK, with the average home costing £528,798, although prices in the capital declined 2.3 per cent on an annual basis....
...Long-term mortgages: Rising mortgage rates have been a big contributor to the UK’s cost of living crisis. Can long-term mortgages, a norm in the US, help solve the country’s housing crunch?...
...Hudson Bay Capital, Reverence Capital Partners and hedge fund Citadel are co-investing in the deal which closes on Monday....
...Basically, I defined what was wrong with mortgage markets. These “modified mortgages” entailed you buying the home, borrowing the money and paying 1 per cent on the mortgage for three years....
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