TheCountOfNowhere Posted January 13 Report Share Posted January 13 "Rates Rising at Fastest Pace in Months" http://www.mortgagenewsdaily.com/consumer_rates/964663.aspx If IRs and mortgage debt influence house prices...what will rates rising at fastest pace in months do ? Quote Link to post Share on other sites
markyh Posted January 13 Report Share Posted January 13 2 minutes ago, TheCountOfNowhere said: "Rates Rising at Fastest Pace in Months" http://www.mortgagenewsdaily.com/consumer_rates/964663.aspx If IRs and mortgage debt influence house prices...what will rates rising at fastest pace in months do ? Dunno. Is is summer 2023 yet? If not fixed until them, back to sleep. Quote Link to post Share on other sites
gruffydd Posted January 13 Report Share Posted January 13 4 minutes ago, TheCountOfNowhere said: "Rates Rising at Fastest Pace in Months" http://www.mortgagenewsdaily.com/consumer_rates/964663.aspx If IRs and mortgage debt influence house prices...what will rates rising at fastest pace in months do ? Noticing lots of alarming data starting to seep through re: mortgage bonds, etc. and suspect we'll see a very major correction re: asset values, including houses, imminently - although of course it will be "unexpected". Quote Link to post Share on other sites
PeanutButter Posted January 13 Report Share Posted January 13 Is that link about US rates? We don't do 30 mortgages here, surely? Quote Link to post Share on other sites
msi Posted January 13 Report Share Posted January 13 Just now, PeanutButter said: Is that link about US rates? We don't do 30 mortgages here, surely? not yet... Quote Link to post Share on other sites
longgone Posted Wednesday at 03:59 PM Report Share Posted Wednesday at 03:59 PM 1 hour ago, gruffydd said: Noticing lots of alarming data starting to seep through re: mortgage bonds, etc. and suspect we'll see a very major correction re: asset values, including houses, imminently - although of course it will be "unexpected". Yep its all going to pot Mortgage rates to rise mass redundancies crypto to go bust. Gold and silver dropping. Cash is king again. Good luck debt slaves. Quote Link to post Share on other sites
gruffydd Posted Wednesday at 06:13 PM Report Share Posted Wednesday at 06:13 PM 2 hours ago, longgone said: Yep its all going to pot Mortgage rates to rise mass redundancies crypto to go bust. Gold and silver dropping. Cash is king again. Good luck debt slaves. I have little doubt that lifestyle / demographic shifts resulting from Covid will speed all this along rather nicely. Quote Link to post Share on other sites
mrlegend123 Posted Wednesday at 06:38 PM Report Share Posted Wednesday at 06:38 PM 2 hours ago, longgone said: Yep its all going to pot Mortgage rates to rise mass redundancies crypto to go bust. Gold and silver dropping. Cash is king again. Good luck debt slaves. keep your eye on the bond yields regarding mortgage rates. lenders are saying they are increasing due to high demand (lstill lower demand from decade ago).........I think it has nothing to do with demand but risks in the other markets. Quote Link to post Share on other sites
longgone Posted Thursday at 01:14 AM Report Share Posted Thursday at 01:14 AM 6 hours ago, mrlegend123 said: keep your eye on the bond yields regarding mortgage rates. lenders are saying they are increasing due to high demand (lstill lower demand from decade ago).........I think it has nothing to do with demand but risks in the other markets. i don't follow all this correlation stuff much but seeing as commercial shops and offices are way down on income its probably that. Quote Link to post Share on other sites
longgone Posted Thursday at 01:25 AM Report Share Posted Thursday at 01:25 AM 7 hours ago, gruffydd said: I have little doubt that lifestyle / demographic shifts resulting from Covid will speed all this along rather nicely. i would love to see for myself but no one has pulled the curtain up for the main event to be shown. we have been stuck on the pearl and dean intro feature for the last 10 months. Quote Link to post Share on other sites
Drifty Posted Thursday at 10:41 AM Report Share Posted Thursday at 10:41 AM But over on this side of the Atlantic, we get stories about mortgage rates going down. https://www.dailyrecord.co.uk/lifestyle/money/new-mortgage-rate-cuts-23309630 Quote Link to post Share on other sites
Si1 Posted Thursday at 11:21 AM Report Share Posted Thursday at 11:21 AM 39 minutes ago, Drifty said: But over on this side of the Atlantic, we get stories about mortgage rates going down. https://www.dailyrecord.co.uk/lifestyle/money/new-mortgage-rate-cuts-23309630 fair observation. this renders this thread rather pointless then heh Quote Link to post Share on other sites
MARTINX9 Posted Thursday at 11:54 AM Report Share Posted Thursday at 11:54 AM I didn't realise HSBC had a 'head of buying a home'? Great news for who - HSBC?! "Michelle Andrews, HSBC UK's head of buying a home, said: "Home ownership dreams may have seemed even further away for many first-time buyers of late, but with more providers returning to 90% LTV (loan-to-value) mortgages, they may be closer to becoming a reality, which is great news." Quote Link to post Share on other sites
Si1 Posted Thursday at 12:25 PM Report Share Posted Thursday at 12:25 PM https://www.thisismoney.co.uk/money/mortgageshome/article-9137619/Deposits-falling-rates-rising-prices-uncertain-buy-home-Covid.html Interest rates for low deposits are high in the UK apparently since covid Quote Link to post Share on other sites
Si1 Posted Thursday at 12:25 PM Report Share Posted Thursday at 12:25 PM 31 minutes ago, MARTINX9 said: I didn't realise HSBC had a 'head of buying a home'? Great news for who - HSBC?! "Michelle Andrews, HSBC UK's head of buying a home, said: "Home ownership dreams may have seemed even further away for many first-time buyers of late, but with more providers returning to 90% LTV (loan-to-value) mortgages, they may be closer to becoming a reality, which is great news." Probably to suck up to the govt, my guess Quote Link to post Share on other sites
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