Diddy has borrowed $140 million from various banks to pay for his extravagant real estate empire, raising questions about whether he really has a billion-dollar fortune. It could be the …
mortgages
- Australia
- US
It is now cheaper to rent than buy in ALL of America’s largest 50 metros – with mortgages costing double in most sought-after cities
by Jackby JackIt’s a question most first-time buyers ask: How long should they rent before buying a home? But recent data from Realtor.com means the answer for Americans across the country could …
- Money
Four in 10 mortgages are being taken out by borrowers who will still be repaying them past their retirement age
by Elijahby ElijahFigures that were described yesterday by the former Minister of Pensions as ‘truly extraordinary’ By John-Paul Ford Rojas Updated: 6:30 PM EDT, March 27, 2024 <!– <!– <!– <!– <!– …
- Money
One in four first-time home buyers are signing up to 35-year mortgages or longer amid soaring borrowing costs
by Elijahby ElijahThe ratio hit a new record as home purchases peaked in late 2023. By John-paul Ford Rojas Associate City Editor Updated: 19:24 EST, March 3, 2024 <!– <!– <!– <!– …
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By Angharad Carrick Updated: 09:30 EST, February 26, 2024 <!– <!– <!– <!– <!– <!– <!– Households with a mortgage faced the biggest rise in costs in the year to …
- Money
What 99% mortgages could mean for first-time buyers… and the housing market
by Elijahby ElijahJeremy Hunt is reportedly drawing up plans that would allow first-time buyers to get on the property ladder with a 1 per cent deposit. The 99 per cent mortgage scheme …
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From tomorrow, HSBC will become the latest lender to increase its covenants below 4%. Follows rises from Santander, TSB and Coventry Building Society earlier this week By Ed Magnus Updated: …
- Australia
Why the Commonwealth Bank predicts Australians with mortgages will get three rate cuts by Christmas and more relief in 2025
by Elijahby ElijahAustralia’s biggest property lender now expects borrowers to get three rate cuts by Christmas and more relief in 2025. The prospect of six cuts by the middle of next year …
- US
Home sales post biggest decline in four months thanks to high mortgage rates – but experts insist you can STILL haggle a good deal
by Jackby JackThere were 8% fewer pending home sales last month compared to last year Mortgage rates have fallen from record highs, but borrowing is still expensive Home viewing activity is increasing, …