mortgage

Realtors have warned that more and more lenders are planning to raise interest rates on mortgages, as the fallout from the Bank of England's high interest rates continues to devastate homeowners. The fresh hit to the housing sector…

© Reuters. FILE PHOTO: A general view of skyline buildings in Hong Kong, China, on July 13, 2021. REUTERS/Tyron Siew/File Photo Written by Georgina Lee HONG KONG (Reuters) - Hong Kong's central bank plans to test the use of its…

The Barclays chief said UK mortgage holders would see their monthly payments jump to as much as 30% of their income from around 20% over the past few decades. CS Venkatakrishnan, better known as Venkat, said that the sharp rise in…

Markets and finance Banks lowered mortgage terms for a year, raising interest on default Tuesday, May 23, 2023 Kenyan banks on average cut mortgage terms by more than a year to 10.9 years, but increased interest rates. file…

Two-thirds of the eventual £12bn rise in UK mortgage costs from rising interest rates has yet to be passed on to borrowers, a think tank has warned, leaving them facing painful refinancing over the coming months.The Bank of England…

The Mortgage Bankers Association said there was a 10% jump in homeownership demand last week in anticipation of a pause in interest rate hikes. US mortgage demand recently climbed Largely after the Federal Reserve indicated that it may…

Mortgage loans in Israel fell to NIS 4.61 billion in April 2023, the Bank of Israel reports — the lowest monthly figure since October 2019. Despite the hike in interest rates, this low figure is partly explained by the…

Israelis took out mortgage loans totaling NIS 6.8 billion in March 2023, up 18% from February 2023 but down 50% from March 2022, and down 21% from March 2021, the Bank of Israel reports. The housing market appears…