The post Mortgages could increase by £3,300 a year for a million UK households as rates set to rise again appeared first on Weekly Real Estate News.
Mortgages could increase by £3,300 a year for a million UK households as rates set to rise again
Weely Real Estate News
“Bank of Mom and Dad” Increasingly Turning to Reverse Mortgages for Downpayment Gifts
Source: Storeys — The “Bank of Mom and Dad” — older homeowners who dip into their own wealth to help their Millennial-aged kids rustle up a home downpayment — has long been a presence […]
Housing Wire
Thousands of government-backed mortgages impacted by Maui fire
The U.S. Department of Housing and Urban Development (HUD) this week announced a package of regulatory and administrative waivers that will allow the use of HUD funding to assist with the recovery of Maui after […]
Economy
Australia’s central bank warns of inflation risks, pain ahead for households
The head of Australia’s central bank on Wednesday pledged to do whatever is necessary to bring inflation back to target, warning that risks to inflation are on the upside and households should brace for the pain ahead. Appearing before lawmakers, Reserve Bank of Australia Governor Philip Lowe […]