Amid the anticipated rise in interest rates, Jonathan Rolande of House Buy Fast warned of a market crash in the next decade. While wages have stagnated for an extended period, house prices have continued to rise, with Halifax reporting the average cost of a house at £ 262,954 this year.Read More →

There’s a big difference between an unsecured and secured loan. Understanding the differences is key to financial literacy. They can have long-term effects on your finances. Unsecured loans do have collateral requirements. Secured loans, however, are exempted from these requirements. This difference can be detrimental if you borrow more or need to repayRead More →

A little girl from Leeds remained smiling “from ear to ear” following a dramatic makeover to her bedroom. Zarach, a charity that helps families and those living in poverty, shared a photo of the youngster’s bare bedroom with no rugs or bedding earlier this month. A GoFundMe campaign also revealedRead More →

When AARP Colorado wants to get a message across, they turn to their contact at the State Capitol, Greg Glischinski. The Colorado chapter of the national organization that serves and advocates for Americans 50 and older also relies on the Centennial Volunteer for a range of other tasks. He alwaysRead More →

Bank of England chief economist Huw Pill said the UK central bank will have to make a “live” decision on interest rates at an upcoming meeting in November. However, Mr Pill added that an upcoming interest rate hike would be “finely balanced”. Mr Pill also raised the possibility of sharpRead More →

New oi-Kuntala Sarkar | Update: Saturday 23 October 2021, 13:54 [IST] Federal Reserve Chairman Jerome Powell has officially announced that the US economy is ready to cut back on asset purchases by the US Fed, however, he doesn’t think this is the right time to raise the rate. interest. PowellRead More →

Britain’s short-term cost of borrowing hit its highest level in nearly two and a half years, as the City’s prices in a UK interest rate soon rise. The yield, or interest rate, on UK two-year gilts hit their highest level since May 2019 this morning. Two-year gilt yields hit 0.75%,Read More →

Lopa P. Kolluri, Principal Assistant Secretary (PDAS) of the Office of Housing and Federal Housing Administration (FHA), to deliver keynote address to reverse mortgage industry attendees at the upcoming National Reverse Mortgage Lenders Virtual Annual Meeting Association (NRMLA) held in early November. This is according to an email alert distributedRead More →

Favorable demographics, increased affordability of residential properties and historically low mortgage rates are boosting demand for home loans, mortgage lenders have said. Several major banks, mortgage companies and housing finance companies significantly reduced their interest rates on home loans during the festival period to take advantage of the resumption inRead More →

Lopa P. Kolluri, Principal Deputy Assistant Secretary (PDAS) of the Bureau of Housing and the Federal Housing Administration (FHA), will deliver a keynote address to reverse mortgage industry participants at the upcoming virtual National Reverse Annual Meeting Mortgage Lenders Association (NRMLA) takes place in early November. This is according toRead More →

Favorable demographics, better affordability of residential properties and historically low mortgage rates are pushing demand for home loans, mortgage lenders said. Several major banks, mortgage companies and housing finance companies cut their interest rates on home loans significantly during the festival period to cash in on the recovery in demandRead More →

Muzaffarnagar: A local businessman reportedly attempted suicide by consuming poison for “being constantly harassed by a pawnshop” in Shamli, Uttar Pradesh. Police said it was a monetary dispute and are investigating the matter. A commission agent by profession, Sanjay Bajaj, had taken out a loan with interest and was beingRead More →

Earlier this year, the governor of Hawaii signed HB 1192, which changes certain provisions relating to small dollar loan requirements. Specifically, the bill sets out a new licensing requirement for “installment lenders” and specifies various consumer protection requirements. The bill defines an installment lender in the broad sense as “anyRead More →

Lord Heseltine, who served as Margaret Thatcher’s deputy prime minister, warned Britain was heading for a “wicked” interest rate hike. Speaking to Sky News this morning, he said if he were chancellor, “I would be extremely worried.” The Conservative Party stalwart warned that a series of economic crises would comeRead More →

Calcutta, October 8 (UNI) The decision to maintain the status quo on key rates is important because it comes at the start of the holiday season, according to Knight Frank India President Shishir Baijal. “We welcome the RBI’s decision to keep rates unchanged despite inflationary pressures, as adequate liquidity andRead More →

A new Yorkshire Building Society mortgage offers homebuyers an interest rate of just 0.78%, the best in the market, as the cost of borrowing to buy a home continues to hit record highs. The two-year fixed deal, which is also available for remortgage, is a tracker – meaning borrowers wouldRead More →