Stories Related to A Better Bank Fix: Cut Every Mortgage's Principal

A Better Bank Fix: Cut Every Mortgage's Principal

Banks can't unload their toxic assets. But what if their assets weren't toxic?

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  • Should I fix my mortgage for two or five years right now?
    There isn't a huge difference in monthly repayments between the two, but trying to get a sense of what will happen to interest rates in the future is a challenge.
    11/18/2024 - 8:36 pm | View Link
  • Mortgage rates increasing again – so do brokers think now is a good time to fix?
    Cuts to fixed-rate mortgages have come to a halt and many lenders are now hiking rates following the Budget last month – but will this trend continue? We've spoken to four mortgage brokers to see what ...
    11/14/2024 - 5:21 am | View Link
  • Mortgage rates inch closer to 7% after Fed rate cut and Trump’s win
    The numbers: Applications for mortgages inched up over the past week, despite the 30-year creeping closer to 7%. The 30-year rate rose for the seventh week in a row, after Donald Trump won the ...
    11/12/2024 - 11:03 pm | View Link
  • Bank of England cuts interest rates to 4.75% – but mortgages still set to rise
    Interest rates have been cut for the second time this year, by a quarter of a percentage poi, but mortgage rates are still set to rise in a blow to homeowners. The Bank of England reduced the base ...
    11/7/2024 - 8:33 pm | View Link
  • What an interest rate cut to 4.75% means for your mortgage
    Several major lenders are increasing their fixed mortgage rates, despite the Bank of England cutting the base rate to 4.75 per cent on Thursday. The Bank’s Monetary Policy Committee (MPC) decided to ...
    11/7/2024 - 1:59 am | View Link
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