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Second charge market shows growth
07 Jun 2024 20:59 GMT
The UK’s second charge mortgage market has experienced growth in new … 2023.
Figures released by the Finance & Leasing Association (FLA) showed …
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Israel: ICA policy continues to prioritise enforcement and make waves in merger control
07 Jun 2024 11:54 GMT
… . The food and financial sectors have drawn significant … prioritised the food and financial sectors in recent years … significant non-financial entity with a significant financial entity … gaps in the Israeli mortgage market; and
the connection between …
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Central Bank chief wants lenders to ‘respond’ to ECB rate cut
07 Jun 2024 11:01 GMT
… banks, other lenders and the financial system as a whole to … income ratio in the Irish mortgage market was now back to multiples … actually leading to destabilising the financial system,” he claimed.
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ECB cuts interest rates for the first time since 2019, with tracker mortgage holders the big winners
06 Jun 2024 12:49 GMT
The Frankfurt-based central bank’s refinancing rate, which tracker mortgages here are priced off, has come down by 0.25 percentage points to 4.25pc.
The European Central Bank (ECB) move was widely anticipated and attention will now focus on how many more …
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ECB delivers rate cut with tracker mortgage holders big winners
06 Jun 2024 12:20 GMT
The Frankfurt-based central bank’s refinancing rate, which tracker mortgages here are priced off, has come down by 0.25 percentage points to 4.25pc.
The European Central Bank (ECB) move was widely anticipated and attention will now focus on how many more …
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ECB rate cut emboldens nonbank mortgage lenders to return from the cold
07 Jun 2024 04:42 GMT
… opportunity in the Irish mortgage market if you look at … Irish mortgage market since the property boom was led by Finance Ireland … is more cyclical to financial conditions and responds more … Revolut, the UK-based financial technology company that operates in …
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Housing Commission’s analysis of the crisis paints a mammoth challenge but falls down on one glaring contradiction
07 Jun 2024 04:33 GMT
… the serious pressures, but financing new building on this … there are also increasing financial demands on government to … supply since then, this financing constraint has not yet … reluctant to enter the Irish mortgage market, because repossession is difficult, …
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Mortgage Rates Pull Back
06 Jun 2024 16:00 GMT
MCLEAN, Va., June 06, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.99 percent.
“Mortgage rates retreated this week …
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Relief for people with tracker mortgages as three ECB rate cuts on the cards this year, economists believe
06 Jun 2024 02:08 GMT
A majority of 82 economists polled by news agency Reuters have predicted two further reductions, one in September and one in December.
This is a sharp pullback from six expected at the start of the year.
Today’s reduction, which will see rates falling …
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Fannie Mae’s Doug Duncan on Fed ‘overcommunication,’ ‘dormant’ lenders and second mortgages
06 Jun 2024 21:44 GMT
… also thinks the Federal Housing Finance Agency (FHFA) will encourage … is volatility in the secondary mortgage market, correct?
Duncan: Yes, … be growing.
If the financing component of their housing … the [closed-end second mortgage] market, or the health of …