May 7, 2024
Mortgage

Frugal Living YouTuber Kate Kaden: 7 Mistakes To Avoid When Paying Off Your Home Early

Jack Frog / Shutterstock.com Popular YouTube personality Kate Kaden is known for her candid and helpful videos on all things frugal living. In a recent upload, she outlined common mistakes to sidestep when trying to pay off your mortgage ahead of schedule. Kaden draws directly from financial experts like Dave Ramsey as well as her

Read More
Mortgage

Almost 150,000 landlords facing ‘significant’ jump in mortgage costs in 2024

Reductions in tax relief on buy-to-let mortgages, which were phased in between 2017 and 2020, have amplified the impact of higher rates on landlords who own properties in their own names.  The new rules mean landlords are no longer able to deduct all of their mortgage interest as a business expense when they calculate their

Read More
Mortgage

Copeland Capital Management LLC Sells 36,890 Shares of Federal Agricultural Mortgage Co. (NYSE:AGM)

Copeland Capital Management LLC decreased its holdings in shares of Federal Agricultural Mortgage Co. (NYSE:AGM – Free Report) by 11.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 288,399 shares of the credit services provider’s stock after selling 36,890

Read More
Mortgage

Soaring Home Prices and Mortgage Rates Challenge American Dream

The Fading American Dream: Soaring Home Prices and Mortgage Rates Put Homeownership Out of Reach The American dream of homeownership is increasingly becoming a distant reverie for a growing number of citizens, a situation exacerbated by the ongoing pandemic. Despite a minor relief provided by low mortgage rates during the pandemic, the recent rise in

Read More
Mortgage

A Phoenix Man Got a $2.375% Mortgage Rate. Here’s How.

Angle down icon An icon in the shape of an angle pointing down. Phoenix realtor Terry Day used an assumable mortgage to buy a home this October. Courtesy of Terry Day Terry Day, a realtor from Phoenix, used an assumable mortgage to purchase a home in October.  He said the financing option is saving him

Read More
Mortgage

10,000 homeowners are at risk of becoming ‘mortgage prisoners’

More than 10,000 homeowners are at risk of becoming mortgage prisoners as a negative equity “time bomb” looms, new information suggests.  The number of houses purchased with a loan worth 95pc or more of the value of the property doubled last year, according to figures released under a Freedom of Information request. These homes are most

Read More
Mortgage

Housing inventory static as mortgage volumes decline | Business

Mortgage volumes are on the decline according to the Planning Institute of Jamaica. Meanwhile, the Developers Association is citing an overhang in construction units that are unsold on the market. Housing completions by the National Housing Trust, NHT, also fell in the third quarter. Dayton Wood, president of the Jamaica Developers Association, says that an

Read More
Mortgage

Squeeze on home buyers’ budgets set to continue into 2024, say experts

Home buyers’ squeezed budgets will continue to cast a shadow on property purchases in 2024, but some experts predict the market will have “bottomed out” by the summer. Elevated mortgage rates and the wider cost-of-living squeeze are expected to maintain their pressure on the market. But potential cuts to interest rates at some point, as

Read More
Mortgage

Should You Co-Sign Your Partner’s Mortgage if You’re Not Married?

phototechno / Getty Images/iStockphoto If you’re in a relationship with someone with less than ideal credit who wants to purchase a home, they may ask you for help getting a mortgage. If you have good credit, being a co-signer will help improve their approval chances. However, you need to weigh your options and decide if

Read More
Mortgage

Footage shows Alex Batty’s mum Melanie leading mob to battle bailiffs in mortgage row as dad ‘didn’t believe in banks’

RUNAWAY mum Melanie Batty was caught on camera bamboozling a bailiff with her alternative belief system as he tried to evict her father. Melanie led a 30-strong mob gathered outside the home of dad David — who had stopped paying his mortgage , claiming he no longer believed in the world banking system. Alex Batty’s

Read More