UK house prices fell at the sharpest pace in eight months after the cost of mortgages crept higher, one of the country’s biggest lenders said.
North East property prices are rising faster than anywhere else in the UK. The latest Land Registry statistics show house prices across the region rose to an average £160,406 in February, a monthly jump of 3.2%, and 2.9% year-on-year. Across England as a whole, prices rose by 0.6 % in February but were down by 1.1% over the previous 12 months. Scotland saw prices fall by an average of 0.6% during February, but that still represented a year-on-year rise of 5.6%. The picture was reversed in...
The interest rate on a 30-year fixed-rate mortgage is 7.125% as of May 1, which is 0.375 percentage points lower than yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.625%, which is 0.125 percentage points higher than yesterday. With mortgage rates changing daily, it’s a good idea to check today’s rate before applying for a loan. It’s also important to compare different lenders’ current interest rates, terms, and fees to ensure you get the best deal. Rates last...
The Nationwide says the average cost of a home was down 4% on the peak seen
London buyers are seeing the highest average difference in annual mortgage repayments, rising £7,500 pounds since 2021, the latest reading from property portal Zoopla has shown.
The possibility that interest rates have peaked and are set to fall has been cited as one reason for the pace of property price rises picking up.
While some buyers have come to terms with 7% interest rates, the rate volatility is the factor with the biggest impact, an economist says.
Disappointing readings on GDP and inflation helped tank equities.
The share of ARM applications rose to 7.8% of mortgage demand last week, according to the Mortgage Bankers Association. That is the highest level of the year.
Poco has announced its pricing for the May sale in India. The sale will take place between May 1 and May 10 on Amazon and Flipkart. The sale prices are applicable to seven of the company's models. These include the Poco X6 Pro, the Poco X6, the Poco X6 Neo, the Poco M6 Pro, the Poco M6, the Poco C65, and the Poco C61. The discounts range from INR 1000 for the C61 to INR 4000 for the X6 range. The following are the current and sale prices. POCO Phone Variant Launch Price ...
All eyes will once again turn to the Federal Reserve this week as they meet to discuss the next steps with interest rates and economic policy. Specifically, will they raise rates above their current 23-year high? Or will they keep them steady following a series of disappointing inflation reports at the start of 2024? After all, rate cuts that seemed promising at the beginning of the year now seem off the table, possibly for the rest of the year. And while the Fed doesn't directly dictate rates...
rewrite this content and keep HTML tags The 2024 federal budget announced on April 16 included plans to introduce “halal mortgages” as a way to increase access to home