Former chairman of the Federal Reserve Ben Bernanke, one of the key figures in global efforts to contain the 2008 financial crash, has been unable to refinance his own property, reports have claimed. Mr Bernanke, who was involved in the bailout of insurer American International Group, was a key advocate of quantitative easing, and kept …
The number of mortgage approvals made by lenders for September fell 10% on the previous year, representing a 14 month low in mortgage lending activity in a clear indication that the housing market is undergoing its greatest slowdown in recent times. via Mortgages Approval fall month-on-month for September in a clear sign the housing market …
Mortgages Approval fall month-on-month: a clear sign the housing market is slowing down Read More »
A survey conducted by YouGov on behalf of the Council for Mortgage Lenders and based on responses from 2,139 homeowners found 32 per cent currently state they have ‘healthy’ or ‘very healthy’ finances. However, 27 per cent expect to be either be in ‘serious or slight’ difficulties in three years’ time, up significantly from 18 …
How much more difficult will you find it when interest rates rise? Read More »
“House prices have stagnated and sales are stalling as Britain’s residential property market shifts in favour of buyers rather sellers. UK values edged up by just 0.1pc from July to August for the second month in a row, a new report from data specialists, Hometrack, found. Weakening demand and an increase in the number of …
House sales stall as Britain becomes a buyers’ market – Telegraph Read More »
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