Tag: mortgage
Homebuilder sentiment drops sharply, as mortgage rates surge
Residential home construction by Shea Homes builders is shown in Encinitas, California, May 16, 2023.Mike Blake | ReutersRising mortgage rates are hit [...]
Mortgage credit availability sinks to decade low
A man enters a Bank of America branch in New York.Scott Mlyn | CNBCAs if higher mortgage rates weren't enough, it was harder even to qualify for a mor [...]
Homebuilder sentiment rises in July, but high mortgage rates hurt
Builder sentiment in the market for single-family homes rose 1 point in July to 56, according to the National Association of Home Builders/Wells Fargo [...]
Mortgage payments set to jump by £500 for one million households
Bank of England says higher interest rates are yet to hit many homes but lenders are proving resilient.
www.bbc.co.uk [...]
Mortgage rates soar to highest level for 15 years
How much could my mortgage go up by?
At this rate, your payments could cha [...]
Mortgage demand drops as interest rates rise
A "For Sale" sign outside a house in Albany, California, on Tuesday, May 31, 2022.David Paul Morris | Bloomberg | Getty ImagesMortgage rates last week [...]
Rayner: Families sick with worry on Tory mortgage bombshell
The deputy PM said the IMF stated the government has "taken decisive and responsible action" over rising inflation and mortgage rates. And Oliver Dowd [...]
Mortgage demand grows, driven by sales of new homes
A home is constructed at a housing development on June 21, 2023 in Lemont, Illinois.Scott Olson | Getty ImagesMortgage rates turned higher again last [...]
Rachel Reeves and Jeremy Hunt on mortgage help for homeowners
Jeremy Hunt has said Labour's plans to borrow an extra £28bn are inflationary and would put up interest rates, calling them a "mortgage bombshell hidd [...]
Interest rates: Force banks to offer mortgage help, says Labour
Shadow Chancellor Rachel Reeves sets out Labour's response to the crisis facing many mortgage payers.
www.bbc.co.uk [...]
Starmer: PM warned about mortgage rises in autumn
Sir Keir Starmer claims that homeowners face a £2,900 "mortgage penalty", ahead of an expected interest rate hike on Thursday.The Labour leader said t [...]
Weekly mortgage demand flat, interest rates drop for the third straight week
The average rate on the most popular mortgage, the 30-year fixed, fell for the third straight week, but demand for mortgages didn't move much.Total mo [...]
Inflation Demands More Hiking Despite Mortgage Pain
Sterling in a Firm Position Ahead of BoE DecisionCore and headline inflation remain uncomfortably high despite easing on the headline front. Base effe [...]
Jeremy Hunt rules out government mortgage support
"Those kind of schemes, which involve injecting large amounts of cash into the economy, would be inflationary," he said."As much as we sympathise with [...]
Hunt: Mortgage relief schemes would make inflation worse
The chancellor told MPS some of the mortgage relief schemes being talked about would prolong the "inflationary agony". Jeremy Hunt said rates have ris [...]