Tech Pulse: Lawmakers press FHFA on crypto for mortgages

Five Senate Democrats are urging caution as the Federal Housing Finance Agency considers allowing unconverted cryptocurrency in mortgage underwriting. Citing volatility, security and ethical concerns, the lawmakers warn such a move could destabilize …

CHL Mortgages chops rates across BTL range

CHL Mortgages for Intermediaries has announced a reprice of its buy-to-let range, cutting rates by as much as 32bps. The specialist lender has reduced rates by up to 32bps on its CHL 1 limited edition range, with two-year fixed rates now starting at 2.35% …

More borrowers are taking marathon mortgages that will last into retirement – how risky are they?

Increasing numbers of borrowers face still paying off their mortgage in retirement, new research suggests. Getting on the property ladder remains a challenge with high house prices even despite mortgage rates falling in recent months. The Financial Conduct …

251% surge in 35-year mortgages: FCA

New Freedom of Information (FOI) data from the Financial Conduct Authority (FCA), analysed by Quilter, shows a huge rise in the number of people aged over 36 taking out mortgages with a term of 35 years or more. In 2024, 30,338 mortgages with a term of 35 …

ICS Mortgages to cut variable rate mortgages by 0.2%

ICS Mortgages is to cut all of its owner occupier variable rate mortgages by 0.2%. The lender - which is owned by Dilosk - said the new rates will be effective from August 1. It said the reduction applies across all loan to value bands for new and existing …

Sber resumed issuing mortgages on commercial real estate for individuals on Domklick

Tens of thousands of homeowners face paying mortgages past state pension age

Rising costs have led many to take longer-term home loans that could leave them making repayments into their seventies Tens of thousands of people face having to pay their mortgages off past state pension age as more homeowners are taking out so-called “ …

Mortgages have hit levels not seen since right before the crash

THE VALUE OF mortgage drawdowns in the first six months of a year has hit levels not seen since the months leading up to the financial crash. The Banking and Payments Federation Ireland (BPFI) has published its latest mortgages figures, painting a picture …

NCBFG mortgages GHL shares for US$300M bond

Ja­maican fi­nan­cial pow­er­house, NCB Fi­nan­cial Group (NCBFG), has agreed to pledge all of the shares of its ma­jor­i­ty-owned sub­sidiary, West­moor­ings-based Guardian Hold­ings Ltd (GHL), as col­lat­er­al for its de­layed US$300 mil­lion bond. The …

Electricity Company Denies Claims of Property Mortgages in Exchange for Meters: Completely False

The Jordanian Electric Power Company (JEPCO) has denied recent social media rumors claiming that it requires citizens to mortgage their properties in exchange for being granted electricity meters, stressing that the allegation is “completely false.”اضافة …