Hints and tips:
...A possible bright spot for Biden was that poll respondents were most likely to blame “large corporations taking advantage of inflation” for price increases over the past six months, followed by the “lasting...
...Because of their deep pockets and privileged status as “too big to fail”, the largest banks have inherent advantages in the bidding process....
...The Mortgage Works, the buy-to-let arm of Nationwide, this week announced it was cutting rates by up to 0.5 percentage points. TSB and NatWest also dropped rates on their buy-to-let ranges....
...“Sellers need to remain realistic if they are to take advantage of improving market conditions to secure a sale and move home in 2024,” says Richard Donnell, Zoopla’s executive director of research....
...It was the 2008 subprime mortgage crisis that inspired my book Princess Persephone Loses the Castle....
...In a sign of changing conditions in the mortgage sector, HSBC, Barclays, TSB and Nationwide — all top 10 UK lenders by size — made rate reductions this week....
...Fannie, and its sister mortgage agency, Freddie Mac, had issued CLN-type bonds on about $1.7tn of mortgages....
...“Before households leap to take advantage of the new flexibility they need to really consider the long-term impact,” said Laura Suter, AJ Bell personal finance analyst....
...Without the delays and uncertainties associated with securing a mortgage, cash has long conferred an advantage to homebuyers across the world....
...The merger will immediately expand HDFC Bank’s mortgage portfolio and enable it to sell more home loans as the company looks to take advantage of India’s post-pandemic recovery....
...Mortgage borrowing costs have hit a two-month high of 6.57 per cent, according to a Thursday survey from mortgage finance giant Freddie Mac....
...But it is by no means one-way traffic on rates: this week, lenders such as Nationwide raised interest rates on selected fixes....
...As interest rates have risen and mortgages become more expensive, this has been another factor prompting many to sell up, reducing supply further, said Stuurman....
...Even today, with short-term rates currently above 5 per cent, the average US savings account rate is just 0.45 per cent according to the Federal Deposit Insurance Corporation....
...Reflecting these legislative and regulatory advantages, the FHLBs can borrow at privileged rates that are only modestly above the rates paid on US Treasury bonds....
...Unlike domestic banks, however, most FBO branches are not insured by the Federal Deposit Insurance Corporation (FDIC) after amendments to the International Banking Act disallowed new branches of FBOs from...
...The chief advantage is flexibility. Unlike fixed-rate deals, tracker mortgages rarely carry early repayment charges....
...This seems to be true for both consumers and corporations....
...Corporation tax is a tax on investment not on shareholders, corporation tax revenue should be reduced to zero....
...Unable to meaningfully increase the supply of greenfield sites, politicians eventually resorted to demand subsidies such as tax relief on mortgage interest or increasing housing density in cities....
...There is evidence that some have taken advantage of this....
...They were sold at steep discounts to net asset value, with the US Federal Deposit Insurance Corporation assuming multibillion-dollar losses....
...Figures from Nationwide on Friday showed the rising affordability crunch facing first-time buyers....
...However, countries, municipalities, corporations, even our own mortgages rely on the fixed-income market and its investors to ensure our economies do not fall into financial ruin....
...Deposit Insurance Corporation data....
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