Hints and tips:
Related Special Reports
...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...
...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...
...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....
...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?...
...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...
...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....
...The drop suggests that 5-year fixed mortgage rates could dip below 4 per cent this month, according to consultancy Capital Economics....
...According to the Green Finance Institute, the UK now has 60 “green” mortgage products....
...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....
...Porticoes Capital will seek to take over banks closed by the Federal Deposit Insurance Corporation, the US regulator, according to an official filing....
...agency — they have come up against the harsh reality of higher mortgage rates and the bursting of the work-from-home bubble....
...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?...
...Hudson Bay Capital, Reverence Capital Partners and hedge fund Citadel are co-investing in the deal which closes on Monday....
...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....
...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....
...Meanwhile, their typical monthly mortgage payment would be 38 per cent of take-home pay, well above the long-run average of 30 per cent....
...Given that they comprise bundles of home loans, mortgage-backed securities move to roughly the same macroeconomic impulses as Treasuries....
...Data out last week from the Bank of England showed that mortgage approvals rose to a 17-month high in February as the effective interest rate paid on new home loans fell to its lowest level since August....
...Some $117bn in commercial mortgages tied to US offices will come due this year, according to data from the Mortgage Bankers Association, part of a wall of looming maturities that is contributing to expectations...
...Mortgage approvals hit a 17-month high in February helped by further falls in the cost of home loans, according to the Bank of England....
...The red-hot rental market has helped Foxtons, which derives 70 per cent of its revenue from lettings, to weather the downturn in the home sales market caused by higher mortgage rates....
...On average, people leaving London to purchase their first home moved a record 25.5 miles outside the capital this year, committing to longer commutes and searches further afield for affordable homes, according...
International Edition