Freddie Mac reported today that the average rate for 30 year fixed rate mortgages fell further this week to stand at 5.78%, down from 6.35%just prior to the Fannie & Freddie nationalisation and the lowest rate since Feb 14. It said this was fuelling a boom in remortgaging, with remortgage applications up 58% from the […]
Industry professionals are warning that gazundering is making a comeback as property buyers take advantage of falling house prices.
Lehman Brothers is finalising a deal with BlackRock Financial to sell off the bulk of its UK residential mortgage assets, worth $4bn.
Paragon has revealed it has turned down an offer for the company for 125p per share and that it’s terminated all current and potential talks regarding a buyout.
The Department for Work and Pensions (DWP) has recently published new research, which once again demonstrates how the prospect of retirement is changing for older workers.
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