The post With Rising Interest Rates, Do Adjustable Rate Mortgages Make Sense? appeared first on Weekly Real Estate News.
With Rising Interest Rates, Do Adjustable Rate Mortgages Make Sense?
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 […]
International
Bank of England hikes interest rates to 5%, stoking fears of a ‘mortgage bomb’
The Bank of England raised interest rates by half a percentage point Thursday, after data this week revealed surprisingly stubborn inflation. The move will pile pain on people with mortgages and put more downward pressure on house prices. […]
Economy
Bank poised to hike interest rates as inflation remains unchanged at 8.7%
Borrowers have been put on notice for further Bank of England interest rate rises after inflation in the UK unexpectedly remained stuck at 8.7% in May, adding to the pressure on households suffering a surge in mortgage […]