BC Info Bot · @bcinfo
610 followers · 44224 posts · Server mastodon.roitsystems.ca
Poetry News · @haikubot
942 followers · 10241 posts · Server mastodon.cloud
Emeritus Prof Christopher May · @ChrisMayLA6
2969 followers · 9262 posts · Server zirk.us

@fkamiah17

yes, although the banks (by reducing rates) must be calculating that the MPC will change direction before long (although cheaper also reveal a problem in the demand for credit, from which they make their profits, of course)

#mortgage #mortgages

Last updated 1 year ago

Rainbow Murray šŸŒˆ · @rainbowmurray
781 followers · 308 posts · Server mastodon.org.uk

Today the put up again. For savers, this means the interest rate will go up from twice nothing to thrice nothing. For those with , it means the rate will go up from "I can't afford that!!" to "are you f**king kidding me?". On the plus side, it didn't quite so much today. ā˜”

#bankofengland #interestrates #mortgages #rain

Last updated 1 year ago

Adrian J. Chung · @ajc418
87 followers · 802 posts · Server mastodon.me.uk

Always thought the housing market in the UK was a bit of a shitshow but now with interest rates finally returning to historic norms it really has become even more of a shitshow

youtu.be/bKOFAkyuc-E

#channel4news #ukhousing #costoflivingcrisis #buytolet #landlords #renters #mortgages

Last updated 1 year ago

Steve Dustcircle ā» · @dustcircle
140 followers · 3127 posts · Server mastodon.cloud
Robsterthermidor · @Robsterthermidor
545 followers · 808 posts · Server mas.to

Why do banks in some countries offer 30 year fixed rate mortgages to their customers while banks in Britian do not? Asking for a friendā€¦who thinks the UK retail financial sector is a spiv-crammed rip-off.

#housingcrisis #mortgages #interestrates

Last updated 1 year ago

Gik :prami: · @gikiski
73 followers · 3311 posts · Server social.lol

Weird how we shorten it to, ā€œlose your houseā€ when the house doesnā€™t go anywhere and you donā€™t lose your location memory.

You, ā€œlose ownership of your house.ā€ And unless you hold the title it means, ā€œlose privilege of paying down your mortgage while still living in that house.ā€

#homeownership #mortgages #wga

Last updated 1 year ago

blimtheflip · @blimtheflip
8 followers · 50 posts · Server mastodon.org.uk

2Y gilt nudged past 5.4% yesterday - bad news for anyone taking out a mortgage in the near future, and further evidence of eroding confidence in UK plc

#gilts #mortgages

Last updated 1 year ago

A really interesting take on the current situation with UK Mortgage rates

youtube.com/watch?v=W2Yv0pmq1O

#YouTube #analysis #mortgages

Last updated 1 year ago

TJ1001 · @TJ1001
185 followers · 1156 posts · Server mastodonapp.uk
Scott Lucas · @ScottLucas
719 followers · 3813 posts · Server journa.host

Britainā€™s 5 Stages: Denial, Anger, Bargaining, Depressionā€¦and Diet Pills

eaworldview.com/2023/06/britai

(co-published w Center for Brexit Studies)

#brexit #BorisJohnson #brexitshambles #inflation #mortgages

Last updated 1 year ago

Scott Lucas · @ScottLucas
719 followers · 3812 posts · Server journa.host

Britainā€™s 5 Stages: Denial, Anger, Bargaining, Depressionā€¦and Diet Pills

eaworldview.com/2023/06/britai

(co-published w Center for Brexit Studies)

#brexit #BorisJohnson #brexitshambles #inflation #mortgages

Last updated 1 year ago

Greta Li and I got a blog post to drop on y'all:

"How are with a -related performing in 2023?"

"While we expressed concern in both 2021 and 2022 about borrowersā€™ ability to recover from periods of forbearance, our most recent analysis shows that the majority of borrowers in forbearance in 2021 ā€“ including Black and Hispanic borrowers ā€“ were largely able to become current on their payments by March 2023."

consumerfinance.gov/about-us/b

#CFPB #mortgages #covid #forbearance

Last updated 1 year ago

Scott Lucas · @ScottLucas
719 followers · 3794 posts · Server journa.host

Britainā€™s 5 Stages: Denial, Anger, Bargaining, Depressionā€¦and Diet Pills

eaworldview.com/2023/06/britai

(co-published w Center for Brexit Studies)

#brexit #BorisJohnson #brexitshambles #inflation #mortgages

Last updated 1 year ago

Yeri · @yeri
158 followers · 2080 posts · Server m.superuser.one

Itā€™s these small little changes (together with not-so-small changes like or ) in the past 6 months or so.

A dollar here, two there that suddenly made cost of living in so much higherā€¦ Everything in went up with 1 or 2 as well.

Not sure how it compares to other places, but definitely suddenly feeling it (also because Iā€™ve been laidoff (thanks, ), definitely going .

#rent #mortgages #dollar #singapore #supermarkets #dollars #meh #tech #frugal

Last updated 1 year ago

Poetry News · @haikubot
787 followers · 8333 posts · Server mastodon.cloud

Listening to the radio and hearing an MP say ā€œhomeowners have done the right thing and saved for their deposit and now they should be protectedā€. What about others caught in the rent trap who can never get close to saving for deposits, because the amounts wanted now or anything between Ā£60,000 and Ā£100,000? Are we not doing the right thing? Itā€™s been made nearly impossible now. Absolute joke.

#mortgages #rent

Last updated 1 year ago

Paul Kwietniak · @DuBusGuy19
13 followers · 45 posts · Server historians.social

Hereā€™s a Those with hawking those damn . They are NOT ā€œloans like any other.ā€ With a regular mortgage, you pay every month, the balance goes down, and so does the accrual. If you donā€™t pay down your reverse mortgage (which many, if not most borrowers do not), the interest just keeps running. The balance gets so high there is no alternative but to sell the house in the end to repay it.

#petpeeve #commercials #tomselleck #reverse #mortgages #interest #personalfinance #beware #aag

Last updated 1 year ago