Friday , 3 July 2020

Tag Archives: mortgage

Number of Mortgage Applications Increases due to COVID-19 Implications –

DUBLIN–(BUSINESS WIRE)– published a new article on the mortgage industry “Number of Mortgage Applications Increases due to COVID-19 Implications” Demand for mortgages is increasing as a result of pent up demand for housing and low interest rates. Total mortgage application volume increased 8% for the week ending June 12th 2020. Some analysts predict that housing might be a bright spot …

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The Best Mortgage Rates This Week 03.07.20

Provider Rate Initial rate period Product fees Barclays Mortgage 1.09% fixed Two years £999 HSBCBarclays Mortgage 1.29% fixed1.29% fixed Three yearsThree years £999£999 HSBC 1.36% fixed Five years £1,499 The lowest moving home two year fixed mortgage rate at a 60% LTV is from Barclays Mortgage, which offers 1.09% (3.3% APRC) fixed until 31 July 2022, after which it reverts …

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Mortgage lenders welcome easing of deposit rules for homebuyers | Yle Uutiset

Housebuying just got a little bit easier. Image: Ismo Pekkarinen / AOP Mortgage lenders have welcomed a decision by the Finnish Financial Supervisory Authority (FSA) to reduce the minimum deposit needed to purchase a new home. The move reverses a previous decision to raise the minimum deposit to 15 percent, in order to help prevent over-indebtedness. The FSA says that …

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Loans in coronavirus mortgage bailouts see largest weekly decline yet

Signage stands outside the Freddie Mac headquarters in McLean, Virginia, U.S., on Monday, May 11, 2020. Andrew Harrer | Bloomberg | Getty Images The number of borrowers in government and private sector coronavirus-related mortgage bailouts just fell by the largest weekly volume since these plans were put in place. There are, however, warning signs that the programs could swell again. …

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TSB launches ‘fix and flex’ mortgage

The ‘Fix and Flex’ mortgage is available up to 80% loan-to-value and is aimed at providing borrowers with the reassurance of a fixed-rate without being tied in for too long. TSB said its launch was timely as it came when almost 40% of Brits were worried about their finances because of the Covid-19 pandemic. The lender’s research also found 33% …

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Property market rebounds as mortgage searches surge

Mortgage searches exceeded one million for the first time since lockdown began, according to data from Twenty7Tec as the property market bounced back. Figures from the mortgage technology provider showed mortgage searches reached 1,174,659 in June, up from 683,078 in May.   Purchase Remortgage Searches June searches 749,423 425,236 1,174,659 May searches 324,676 358,402 683,078 Searches for purchase mortgages made …

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