mortgage rates
US mortgage rates jump past 7 percent as oil prices rise on Houthi attacks
American mortgage rates surged past the seven percent threshold, driven upward by escalating global energy costs and conflict in the Middle East.
British home price increases to lag inflation this year and next
New polling data reveals British home price increases will lag behind wider inflation this year and next as high borrowing costs constrain buyer demand.
Competition fires up: 49 lenders now offer variable rate below 6%
A fresh mortgage rate war has erupted as 49 lenders now offer variable rates below 6%, urging borrowers to renegotiate loans or risk overpaying.
Bank of England expected to raise interest rates four times
Money market traders are heavily betting that the Bank of England will raise interest rates four times by next summer, pushing the rate to 4.75% as energy costs surge.
Propertymark warns UK housing market faces crunch time ahead of Budget
The UK housing market faces a critical autumn as major lenders reprice mortgage deals upward amid surging wholesale costs and impending fiscal policy updates.
Lloyds Bank reports first annual UK house price fall in nearly three years
UK property values have declined on an annual basis for the first time in nearly three years, falling by 0.4% to £298,468 as rising borrowing costs squeeze buyers.
UK house prices fall for first time since 2023
UK house prices have fallen annually for the first time in nearly three years as higher borrowing costs and affordability pressures weigh on the market.
Average age of first-time homebuyers hits record high of 40
The average age of a first-time homebuyer has climbed to a record 40 as high mortgage rates and home prices push homeownership further out of reach.
UK housing market growth stalls amid policy uncertainty and energy costs
The UK housing market has stalled as buyers and sellers grapple with high energy costs, legislative changes, and uncertainty surrounding future property taxes. Regional disparities are widening as northern markets show more resilience than the south.