Hints and tips:
Related Special Reports
...More than 90 per cent of UK borrowers take out a fixed-rate mortgage for five years or less. Long-term fixed-rate mortgages are the norm in the US....
...UK homes surge in February as demand rises Merit goods: UK graduates to pay more as repayment threshold on loans lowered Asymmetric information: Student loans — Should the Bank of Mum and Dad step in?...
...A bigger than expected fall in UK inflation has bolstered arguments for the Bank of England to start cutting interest rates and allowed Prime Minister Rishi Sunak to seize on the news as proof his economic...
...Regulators’ post-2008 capital requirements make home equity loans, particularly ones structured as a line of credit, expensive for banks to hold....
...Research by Cevat Aksoy, associate director of research at the European Bank for Reconstruction and Development, shows that more individualistic countries, such as the UK or US, exhibit higher rates of working...
...A pandemic-era moratorium on US student loan repayments, which helped first-time buyers save for a deposit, expired in October....
...US homeowners still pay an average mortgage rate of 3.75 per cent — roughly half the rate on new mortgages....
...This month, US homebuilder confidence slipped for the first time this year according to an index compiled by the National Association of Home Builders and Wells Fargo....
...“We hold things in trust for the nation and we have a duty to tell the nation what happened . . . the best you can say is that it will make us look even harder at what the museum should be.”...
...banks are ‘full of’ bad commercial property loans Oaktree’s Howard Marks warns of crunch time for private credit US capitalism is ‘breaking down before our eyes’, says Ken Griffin Markets are becoming...
...A year ago, the European Investment Bank provided loans and counter guarantees to back the modernisation of the line between Palermo and Catania in Sicily and hailed the agreement as an “operational first...
...So the importance of this is that if you have got to unmanageable credit card debt or loans as well, it’s not just credit cards we’re talking about here, take debt advice. Look for a debt solution....
...However, standards would deteriorate for households with mortgages and those on benefits as mortgage rates remain high and state support for living costs will be cut....
...In 1970, the US Government National Mortgage Association (known as Ginnie Mae) engineered the first “passthrough” mortgage-backed securities, where the underlying individual loan payments flowed directly...
...The abrdn Financial Fairness Trust found 4 per cent of UK households had used an unlicensed or informal lender last year....
...“It allows us to tap into a new pool of capital while protecting our cash and debt capacity for future investments.”...
...Another is to establish a trust in the US holding Argentine assets, such as shares in state energy group YPF, to use as collateral to back new bonds....
...The Fed’s Bank Term Funding Program — where banks can pledge their security holdings as collateral for loans — charges the one-year overnight index swap rate (currently at about 4.68 per cent) plus 10 basis...
...And that’s how the interest rate terms for new corporate loans, mortgages and credit cards would get decided. One rate to rule them all....
...And if you add up other lenders — World Bank, Asian Development Bank, Japan, South Korea, Europe, a little bit from America — it’s very contested, particularly as Chinese loans are going to have to become...
...They could let you go interest-only for a period. They could extend the term of your loan or they could allow you to build up arrears on your mortgage....
...When it came to the brewing US subprime mortgage crisis, Crastes thought doomsayers were getting ahead of themselves....
...RWE for £4.8bn in 2006....
...As funding cuts for new social homes and bank loans dried up in the wake of the global financial crisis, housing associations turned to corporate bonds and the private market to fill the gaps....
...They applied for bank loans but the stumbling block was their status as renters — Tahlil at the time lived in social housing — instead of homeowners with some financial security....
International Edition