Why are mortgage rates still so high? There’s something more important than Fed policy at work
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
High street banking giant launches ‘innovative’ new mortgage that means first-time buyers can borrow MORE
A MAJOR high street bank has launched a new mortgage product to help first time buyers borrow more. Barclays Bank’s “mortgage ...
How does the mortgage interest tax deduction work? Experts explain
"The mortgage interest tax deduction is a [tax benefit that] allows you to subtract the interest paid on your home loan from ...
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Opportunities and challenges facing mortgage brokers in the new high-rate normal
Mortgage brokers have faced a series of notable challenges in recent years. The combination of high inflation and an elevated ...
Cash-out refinance explained: How it works — and when it can make sense
A cash-out refinance lets you borrow against your home's equity by replacing your current mortgage with a bigger one, giving ...
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The lowdown on bond markets and mortgage pricing
Sarah Coles, head of personal finance at Hargreaves Lansdown, explained that at the start of the year, there was bond market ...