Hints and tips:
Related Special Reports
...“Previously, older borrowers may have used [mortgages] for home improvement, travel or to help a younger family member get on the property ladder,” said David Hollingworth, associate director at L&C, a mortgage...
...Isolated from the world’s capital markets, Russian lenders have benefited from a surge in government-subsidised mortgages and corporate lending as the Russian wartime economy fuelled demand for funding....
...*The article has been amended to reflect that C$900bn of mortgages are up for renewal....
...“We had a lot of good news in recent months, helped by falls in inflation,” said David Hollingworth, associate director at broker L&C Mortgages....
...Our updated stock charts show non-banks and the largest banks (>250bn) hold 90% of C&I, 85% of mortgage, 75% of consumer and 60% of outstanding loans/debt (“the stock”)....
...Companies: Updates are expected from Anglo-Swedish drug giant AstraZeneca, British American Tobacco, French lender Crédit Agricole, France’s L’Oréal, advertising company Publicis, Germany’s Siemens and Watches...
...Only about two-fifths of homes have an energy performance certificate (EPC) rating of C or above. Depressingly, not all new-build properties even manage to hit that mark....
...It has diversified its investments away from equity-release mortgages to a broader range of infrastructure and real estate projects....
...The very best rates have been slowly nudging down but positive inflation figures and the hold to base rate should add momentum to that trend,” said David Hollingworth, associate director at broker L&C Mortgages...
...That is bracing for a shock as more than $186bn of mortgages are set for renewal at higher rates in 2024....
...“What’s opened the door to these improvements is the better than expected inflation figures,” said David Hollingworth, director at broker L&C Mortgages....
...David Hollingworth, associate director at L&C, said borrowers on tracker deals are likely to be reviewing their positions....
...On an interest-only deal, that would fall to £917 a month, according to broker L&C Mortgages....
...A bank loan officer denies a customer a third mortgage extension, in order to get a promotion. She gets the promotion....
FT journalists answer your questions!
...David Hollingworth, associate director at L&C, said: “I don’t think we’re out of the woods in terms of the movement in fixed rates at the moment.”...
...In the case of the McKinsey report published in 2020, the main study gathered data about diversity on the boards and in the C-suites of more than 1,000 large global companies....
...Chanel, too, has invested in biotech company Evolved by Nature, which last summer raised $120mn in series-C financing, as well as Arcaea (which also received investment from fragrance manufacturer Givaudan...
...That is thanks to years of low interest rates, robust consumer borrowing and a red-hot housing market that has fuelled demand for mortgages. But storm clouds are forming....
...The government had been under pressure to ease the financial strain on landlords, as rising mortgage costs threaten to force property owners to sell up, reducing the supply of rental homes and pushing up...
...They have locked up existing-home supply (no one will give up their 3 per cent fixed rate) and squelched mortgage demand. Without lower mortgage rates, a thaw is unlikely....
...Whitney Fogelberg has joined C Street Advisory, a communications and strategic advisory group that specialises in distressed company and debtor representations....
...On the other side of the trade, “the ability for asset managers to efficiently gain exposure to Treasuries through futures allows them to free up cash to invest in corporate bonds, residential mortgages...
...After all, as Anne L Murphy writes, these are qualities earned over centuries....
...According to researcher Giuliano Bologna at Compass Point Research and Trading, Inc: In the third quarter of 2023, only six us banks had non-mortgage consumer loans (personal, student, etc), measured at...
International Edition