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China Removes Mortgage Rate Floor for Individual Homebuyers
Bloomberg· 6 hours agoChina removed the floor on mortgage rates and lowered the minimum down payment ratios for individual...
Mortgage rates cut but borrowing pressures remain
BBC via AOL· 23 hours agoIts president, Nick Emmerson, said: “We are concerned about the number of people who are at risk of becoming homeless. “With the cost-of-living crisis...
Mortgage Rates Dip Toward 7%
The Real Deal· 18 hours agoMortgage rates are tipping toward 7 percent as the market awaits a rebound in buyer interest. The daily average 30-year fixedmortgage rate came in at...
Would-be homebuyers are in limbo and only the Bank of Canada can free them
Financial Post via Yahoo Finance· 2 hours agoLower mortgage rates help in that sense, given they lower payments and therefore reduce the...
Robert Kiyosaki says there's 'nothing wrong' with buying a house — except he uses debt to buy it and...
Moneywise via AOL· 47 minutes agoIf my house is taking money from my pocket, it's a liability,” he explained. By this definition,...
Chapter 13 bankruptcy: What you need to know
Bankrate via AOL· 10 hours agoYou may be able to keep your home. Chapter 13 can allow a debtor behind on mortgage payments and facing foreclosure to catch up on payments< ...
Interest rates cut pressure piles on Bank of England as repossessions jump 28%
Daily Express· 3 hours agoMortgage possession actions against home buyers in the first three months of this year were the...
An ultra-popular home loan right now allows a 3.5% down payment
Fortune via AOL· 24 hours agoA 2021 study, “The Lowdown on Low-Down-Payment Mortgages: Is It Safe,” found that lower initial down...
American Families Are Typically Spending 24.2% of Their Income on Mortgage Payments
San Francisco Chronicle· 6 days agoThe average family spent nearly a quarter of their income on mortgage payments during the first...
Posthaste: How Canada could have avoided the mortgage payment shock now ripping through the economy
Financial Post via Yahoo Finance· 3 days agoSince the Bank of Canada began hiking rates in 2022, the debt-servicing ratio of Canadian households...
