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.
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
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