Category : Search result: mortgage crisis


RBA holds rates at 12-year high amid cost crisis

The Reserve Bank of Australia maintains its tough stance against inflation, keeping interest rates at 4.35% while households face mounting financial pressure from rising expenses across housing, utilities and essentials.

Risky 'Arm' Loans Make Worrying UK Comeback

Exclusive investigation reveals dangerous interest-only mortgages are returning to Britain's housing market, raising alarm bells among financial experts as economic uncertainty grows.

Forever Home Dream Dies as UK Owners Stay Put for 12 Years

New data reveals British homeowners are staying put for nearly twice as long as two decades ago, with soaring costs and mortgage rates killing the 'forever home' aspiration. Exclusive analysis shows how the property ladder has become a mountain to climb.

UK Economic Storm: Energy and Mortgage Crisis Deepens

Millions of British families face financial turmoil as energy prices skyrocket and mortgage costs escalate, creating a perfect storm for household budgets. New government data reveals alarming trends that could push the UK toward recession.

US Housing Market Crash: Economists Sound Alarm

A dramatic plunge in American property transactions has triggered alarm bells among leading economists, who warn this chilling trend could signal serious trouble for the entire US economy.

Australian Mortgage Crisis: 1 in 3 in Severe Financial Stress

Exclusive analysis reveals nearly a third of Australian mortgage holders are experiencing 'severe financial stress' with interest rate hikes pushing thousands toward breaking point. Experts warn of potential defaults and economic fallout.

Mortgage Shock 2025: Why You Must Act Now

Exclusive expert analysis reveals the looming mortgage crisis set to hit UK homeowners in 2025. Discover crucial strategies to protect your finances as fixed-rate deals expire and payments soar.

Mortgage Rate War: Lenders Slash Costs

Barclays, HSBC and Santander lead charge with significant mortgage rate reductions, offering relief to borrowers amid shifting economic landscape. Find out which deals could save you thousands.

Nearly Half of Brits Still Dream of Home Ownership

New research reveals 48% of UK adults haven't given up on homeownership dreams despite property market challenges. Discover what's driving Britain's enduring love affair with owning property.

Nationwide offers 5.5x salary mortgages

Nationwide Building Society expands its Helping Hand mortgage scheme, allowing borrowers to secure loans up to 5.5 times their income with new flexible criteria.

Australia's $10bn housing crisis fix as ownership plummets

The Australian government announces a landmark $10 billion housing package as new data reveals home ownership is becoming a distant dream for millions. Exclusive analysis shows the true scale of the affordability crisis gripping the nation.

US shutdown threat to Florida housing market

Exclusive analysis reveals how political gridlock in Washington could freeze Florida's booming housing market, leaving buyers and sellers in limbo as mortgage approvals stall and economic uncertainty grows.

Homebuyers Abandon Purchases at Record Rate

Britain's property market faces unprecedented turmoil as nearly 40% of home sales collapse before completion, with buyers retreating amid economic uncertainty and soaring costs.

UK House Prices See Biggest Drop in Over a Decade

New data reveals UK house prices have fallen at their fastest rate in over 12 years as soaring mortgage costs and economic uncertainty hammer the property market, creating a 'renter's revolution'.

Mortgage Miracle: Slash £2,000 Off Annual Payments

Discover how savvy homeowners are saving thousands by switching to cheaper mortgage deals as interest rates shift. One borrower's story reveals how you could cut your payments dramatically.

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