
Unlike the U.S., mortgage borrowers in the U.K. are required to renew mortgages on a cyclical basis.
The post UK Homeowners Facing Mortgage Rates Over 5% appeared first on Weekly Real Estate News.
Unlike the U.S., mortgage borrowers in the U.K. are required to renew mortgages on a cyclical basis.
The post UK Homeowners Facing Mortgage Rates Over 5% appeared first on Weekly Real Estate News.
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 […]
Delinquencies improved in January, highlighting the resiliency of U.S. mortgage holders. The national delinquency rate fell to 3.38% in January, down from 3.57% in December, according to the Intercontinental Exchange (ICE) First Look Mortgage […]
Source: Forbes — The rate on a 30-year fixed refinance decreased today. The average rate on a 30-year fixed mortgage refinance is 6.04%, according to Bankrate.com, while the average rate on a 15-year mortgage refinance […]
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