Canada’s mortgage market has cooled over the past year amid surging interest rates and borrowing costs – but to date, there’s been nothing resembling the full-blown crisis some had envisaged as activity started to fizzle […]
LONDON, June 29 (Reuters) – Major British lenders on Thursday announced another increase in mortgage rates offered via brokers, pushing many products above the 6% mark in painful news for many homeowners and potential buyers. […]
For Steven, a media consultant from Guildford, and his wife, the remortgaging nightmare is only beginning. “People like me can’t sleep at night – it’s horrendous,” he says. “The mortgage for our three-bed cottage is […]
June is National Homeownership Month. It is a month when we celebrate the American Dream of homeownership and reflect on the current challenges that homeowners are facing today. The purchase of a home is one […]
LONDON, June 15 (Reuters) – Bedlam in Britain’s 1.5 trillion-pound ($1.9 trillion) mortgage market, fuelled by ructions in money markets, threatens to trigger a renewed slump in housing activity and financial pain for homeowners on […]
Jack Lynch and his partner moved out of Sydney to the picturesque but cheaper Blue Mountains to become homeowners in 2021, and promptly locked in a cut-rate, fixed-rate loan. The couple, in their early 30s, […]
He does not budge, even as some economic data indicate that the economy is likely to escape recession. For Elon Musk, the entrepreneur behind at least five companies — Tesla, SpaceX, Twitter, Neuralink and Boring Co. […]
59% of homeowners said their renovation projects focused on energy efficiency. The post Inflation Causes Most Homeowners to Postpone Renovations, But They’re Not Planning to Move appeared first on Weekly Real Estate News.
For several weeks Elon Musk has been joining the voices of Cassandra, who foresee a real estate bubble bursting. He regularly alerts that the situation in the sector is deteriorating. For now, it’s commercial real […]
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.
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