May 15, 2025

Mortgage

Mortgage

“It caused a hardship”: Second FOX13 viewer warns of mortgage scam | News

MEMPHIS, Tenn. – Days after crooks tried to steal a Munford woman’s home, a Mississippi man warned he lost $3,000 in a mortgage scam.  “I’m thinking all of this is 100% legit,” the Lafayette County man explained. “But it was not.” Harry Smith told FOX13 he wanted to lower his monthly mortgage payment. He received

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Mortgage

Bank cuts mortgage payments to £0 for three months | Personal Finance | Finance

People looking to get on the property ladder have been given a new mortgage option. Buying a house for the first time is financially straining but a bank has introduced a new scheme to help people. As reported by The Sun, Skipton Building Society has announced its Delayed Start Mortgage. It gives borrowers mortgage payments

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Mortgage

Mortgage rates dipped. Is it enough help the housing market?

How to use a bolt, nut, screw gauge Using a bolt, nut and screw gauge takes the guesswork out of your project, helping you quickly identify the exact size you need. Rates for home loans dipped, but consumers’ economic uncertainty continues to weigh down the housing market. In the week ending May 1, 30-year fixed-rate

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Finance

Finance expert says mortgage mistake costs people £400 more a month | Personal Finance | Finance

Householders are being warned they could be paying thousands of pounds more for their mortgage than they need. One simple mistake could see an extra £400 a month on a £200,000 mortgage. Aaron Peake, personal finance expert at free credit score service CredAbility, says thousands are overpaying because of a credit report error. For a

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Mortgage

High rates for home loans are holding back the housing market

Fast-growing fruit trees for your backyard harvest Here are five fast-growing fruit trees you can plant in your backyard for a quicker harvest. unbranded – Lifestyle Rates for home loans remained high as consumer and investor confidence takes a hit amid the White House’s tariff roll-out. In the week ending April 24, 30-year fixed-rate mortgages

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Mortgage

Monthly mortgage payments soar to record high

(NewsNation) — A typical monthly housing payment hit a record high of $2,807 during the last four weeks ending March 23, according to a study by Redfin. The 5.3% increase is a result of the average cost of home prices going up roughly 3% annually and mortgage rates sitting at 6.6%. “Buyers are cautious because they’re

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Loans

The Coalition’s election promise to relax lending rules could lead to bigger home loans … and higher house prices

On its face, it’s a simple solution to a simple problem — many people are struggling to get home loans big enough to afford a property, so why not relax the rules around how much people can borrow? That’s what the Coalition is proposing to do, should it win the federal election on May 3.

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Mortgage

How Fannie Mae and Freddie Mac affect the US mortgage market

The Trump administration has made some changes to two pillars of the American housing market: the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. Or, as they’re better known, Fannie Mae and Freddie Mac. Last week the administration fired 14 members of the boards of directors at the two corporations. Fannie and

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Mortgage

‘I applied for a mortgage at 55 – this part of the process surprised me’ | Personal Finance | Finance

A 55-year-old woman from Staffordshire was left surprised after having her new mortgage application approved in just 12 minutes. Now, she is telling people in a similar situation to “just go for it” and not be scared to begin their own application. After her divorce, Michaela Kinnersley-Hill needed to buy a new home but had

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