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.
UK Homeowners Facing Mortgage Rates Over 5%
Housing Wire
About 60% of mortgage pros are living paycheck to paycheck, study shows
About 60% of mortgage industry professionals in the U.S. are living paycheck to paycheck, an issue caused primarily by inflation, high interest rates and fewer deals, according to a study released this week by payroll […]
Housing Bubble
Changes are coming to some mortgage fees next month
Fees on mortgages backed by Freddie Mac and Fannie Mae are set to change next month, in a plan designed to make homeownership more affordable for more people. Broadly, the fees will go down for […]
Housing Wire
How the Basel Endgame could impact the mortgage market
Rumors this week that regulators would increase residential mortgage capital requirements for larger depositary banks, far exceeding international standards under the Basel III rules, have raised alarms for industry executives, analysts and trade groups. The […]