April 25, 2025

Mortgage

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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