MORTGAGE lenders have been slashing rates, with two-year deals now at the lowest they’ve been in almost three years. The average two-year fixed mortgage currently has an interest rate of 5.12%, according to data from Moneyfacts. 1 Lenders have been cutting mortgage rates in the last week, but by smaller margins than beforeCredit: Alamy Rates
The housing market has plenty going wrong these days: high interest rates, high home prices, and affordability challenges — especially for first-time buyers. Now add another wrinkle: President Donald Trump’s renewed push to re-privatize the giant government-owned housing-finance corporations, Fannie Mae and Freddie Mac. They were taken over by the federal government (placed into conservatorship)
A MORTGAGE scheme that is helping first-time buyers get on the ladder is set to end within weeks. The mortgage guarantee scheme enables buyers to get a home with just a 5% deposit. 1 The mortgage guarantee scheme has helped 53,000 home buyers get on the ladderCredit: Alamy It can be used to buy any
A homeowner is on a mission to be mortgage-free by the time she turns 40 – and is using a shopping app to help her achieve her goal A woman shopping at a supermarket – she and others could take advantage of the app(Image: Getty) A couple have been using a shopping app to shave
If you’re an older homeowner looking for an infusion of cash, a reverse mortgage could seem like a no-brainer. there is no minimum credit score requirement and — as long as you stay current with your insurance premiums, home repairs and property taxes — no payments is due until you sell the house, stop living
Homeowners can find the prospect of paying back a six or even seven-figure sum daunting – Westend61 Mortgages are the one financial service you spend years trying to get, but then want to be rid of as soon as you can. For most of us, a mortgage is the key to getting on and climbing
Despite the financial stress of Golden State life, Californians are relatively good at paying bills compared with the rest of the nation. Take student loans. In the first quarter of 2025, 18% of California student loans were late. That may seem like a stunningly high rate of skipped payments, but it’s the 10th lowest delinquency
Couple managed to pay off their massive mortgage in less than a decade after discovering how much they would pay in interest over 25 years It is possible to pay off your mortgage in under 10 years according to one couple(Image: undefined via Getty Images) Many Brits are now sidestepping the exorbitant interest payments charged
PAYING a mortgage off early might seem like a pipe dream for most people. It’s typically the largest debt you’ll ever have, taking decades to pay off. 2 Pay your mortgage off early on an average wageCredit: Alamy But it is possible to make that dream a reality, even on an average wage. Monthly mortgage
Getting a mortgage could soon become easier – especially if you’re buying your first home. At the start of the year, the financial regulator announced plans to reform the market and improve access for borrowers. We’re now starting to see the effects, with lenders tweaking the affordability checks they use to decide how much you