Mortgage Rates Drop Again—And First-Time Homebuyers Take Full Advantage

First-time homebuyers have made up a large share of 2019 mortgage loans. Mortgage rates dropped again, and according to Freddie Mac, the downward spiral has first-time buyers gaining ground. In fact, of all the loans Freddie Mac has purchased in 2019, 46% came from first-time homebuyers—a two-decade high for the […]

IndusInd, Yes Bank say exposure to ‘large mortgage lender’ secure

MUMBAI : Following a 34% fall in the shares of Indiabulls Housing Finance Ltd on Monday, Yes Bank and IndusInd Bank said in separate statements, without naming the non-bank, that their exposure to a large mortgage lender is fully secured. Shares of Indiabulls Housing nosedived to an over five-year low after the Delhi […]

Refugees fleeing Syria to UK: ‘I’ve got a mortgage, a house, a car – we’re not trouble’

More than 17,000 refugees who fled the Syrian war have settled in Britain over the past five years. Of those, many have had to “work hard” in overcoming cultural changes as they try to forge a new life for themselves. Another 3,000 refugees are expected to arrive by the end […]