By Yoruk Bahceli, Matt Tracy and Emma-Victoria Farr (Reuters) – A tumultuous sell-off in financial markets this month has barely scathed global financing conditions, but the risk of further volatility means borrowers are not yet out of the woods. Equity and corporate debt markets have clawed back some of their losses sparked earlier in August
Reading Time: 2 minutes UK: UK-based commercial bank NatWest is introducing ‘Airbnb-friendly’ mortgage terms to support borrowers who are struggling to pay loans and bring increased flexibility for customers who are looking to rent out their homes on a short-term basis. Under the new mortgage terms, new and existing NatWest customers will no longer have
Barclays is set to reduce fixed-rate mortgages by 0.27 percentage points Santander slashed its deals by up to 0.16 as Halifax shaved up to 0.19 from rates NatWest has now slashed its rates twice, cutting up to 0.23 percentage points Five of the biggest lenders are in a mortgage rate-cutting war as they fight for
WASHINGTON (TND) — Student loans are top of mind for voters paying off their debts: 29% of borrowers say student loan debt will have a major influence on their vote, according to a new Bankrate survey. Nearly half of borrowers (46%) call student loan debt a national crisis. The National Student Loan Data System reports
The Consumer Financial Protection Bureau (CFPB) on Monday filed a complaint against two major private student loan servicers, alleging failure to address borrowers’ requests. The CFPB accused the National Collegiate Student Loan Trust (NCSLT), a group of 15 securitization trusts, and the loan servicer Pennsylvania Higher Education Assistance Agency (PHEAA) of failing to respond to