News from The Guardian – Business
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Interest-only mortgage could make comeback as regulator revisits rules
The potential reintroduction of interest-only mortgages may influence the housing market by affecting borrowing options and risks for both lenders and homebuyers, impacting overall...
Read Full Article →As interest rates fall, could Australia be facing another house price boom? | James Graham for the...
Lower interest rates implemented by the Reserve Bank may encourage increased borrowing, potentially driving higher demand and pushing property values upward in Australia’s housing...
Read Full Article →Virgin Money mortgage holders cry foul over owner Nationwide’s better deals
Despite being owned by the same company, Virgin Money mortgage clients face higher costs compared to Nationwide customers, resulting in nearly £1,000 more in fees on comparable hom...
Read Full Article →UK mortgage lending at four-year high amid rush to avoid stamp duty rise
In March, UK mortgage borrowing surged by 290% due to a stamp duty rise, marking a four-year peak, while approvals for new home purchases declined for the third consecutive month.
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