mortgages
Coverage of mortgages in the Nexus archive.
- Buying a condo with a mortgage may soon get more complicated. Here's why
New policies affecting mortgages for condos take effect Aug. 3, with experts warning buyers may face delays or denials. The changes are expected to complicate condo purchases using mortgages.
- Bank of England holds interest rates at 3.75%: What it means for your mortgage and savings
The Bank of England has maintained interest rates at 3.75%, with implications for mortgages and savings. This decision affects homeowners and savers as rate stability continues.
- Why bond investors are pushing up some of your interest rates
Bond investors are causing interest rates on consumer loans like mortgages to rise. These loans are tied to the yield on 10-year Treasury bonds, which has been increasing.
- Mortgages won't fix what ails housing
Economists argue that financing solutions like mortgages cannot resolve the housing crisis, which is rooted in mathematical constraints. The article highlights that the problem is structural rather than solvable through financial tools.
- Fed holds interest rates steady: Here's what that means for credit cards, savings rates, mortgages and car loans
The Federal Reserve maintained interest rates in June, which could impact credit card rates, savings yields, mortgage costs, and car loan terms. The decision focuses on stabilizing financial conditions without introducing new changes to monetary policy.
- Nationwide starts race to slash mortgages as oil prices plummet and UK interest rate cuts 'more likely' before year end
Nationwide is initiating a race to reduce mortgages as oil prices fall and the likelihood of UK interest rate cuts increases before the end of the year.
- Rent controls will only drive up prices, housing minister warns in shot across Reeves' bow - as mortgages now cheaper for first time since June
The housing minister warns that rent controls will increase housing prices, targeting Reeves' policies, while mortgage rates have become cheaper for the first time since June.
- Bank of England to slash growth forecasts as inflation shock spells mortgage misery for millions
The Bank of England is set to significantly reduce its economic growth forecasts due to persistent inflation, which is expected to cause widespread mortgage difficulties for millions of households.
- Equifax Posts Fastest Revenue Growth Since 2021 on Mortgages
Equifax reported its fastest revenue growth since 2021, driven by increased demand for mortgage-related services. The company attributed the surge to a rise in home loan activity during the period.
- Mortgages vanishing at record speeds: Typical deal now exists for just EIGHT days as lenders rush to raise rates on Iran conflict
Mortgage deals are lasting only eight days as lenders accelerate rate hikes amid the Iran conflict. The situation reflects heightened market volatility and rapid adjustments in lending practices.
- The commuter boomtowns going bust. House prices down by up to 29pc. Soaring train fares. Crippling mortgages. The 12 property blackspots revealed by experts - so do you LIVE in one?
The article highlights declining house prices in 12 commuter areas, with drops up to 29%, alongside rising train fares and crippling mortgages. Experts warn these 'property blackspots' are facing economic collapse due to unsustainable costs and market instability.