Mortgage rates: Will new retirement mortgages see a surge in older buyers?

While many home owners hope to be able to pay off their mortgage as soon as possible, it can be seen as a milestone and impossible to eliminate.  But there are plenty of people who have retired and yet to pay off their mortgage.  While retirement mortgages have been around for some time, Vernon Building […]

Mortgages and the UK housing market in June: The REAL impact of the General Election

Despite the political whirlwind over the last few months with the General Election, there has been little movement in the UK housing market, according to Mortgage Advice Bureau’s latest data.  Key indicators have shown the UK housing market in June remained solid, with little change on the previous month.  Average purchase price remained broadly unchanged […]

Paying Rent and Mortgages With a Credit Card

Paying Rent and Mortgages With a Credit Card Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include […]

Canadians are using second mortgages to avoid bankruptcy

Shutterstock Does a lack of bankruptcies in Canada mean the Canadian consumer is doing better than most experts think? Much like the lack of mortgage defaults, the devil’s in the details. The debt experts at Hoyes Michalos have created the Homeowners Bankruptcy Index, which is currently at an all-time low. At first glance, this looks […]

Sainsburys Bank mortgages: Supermarket enters tough home loan market to offer THIS deal

Their best mortgage is currently the 1.14 per cent two year fix at 60 per cent Loan to Value. This product comes with a £995 product fee attached. As well as going direct to Sainsbury’s for their mortgages, you can get them through a broker – although only one is authorised to offer Sainsbury’s mortgages. […]

Vancouver’s mortgages are rapidly deteriorating in quality

Reuters/Reuters Photographer Vancouver real estate may be showing signs of exhaustion. According to the Bank of Canada (BoC) and the Ministry of Finance (MoF), the quality of mortgages are showing increasing signs of quality deterioration. Over the past year this trend has accelerated, leaving more homeowners vulnerable to financial ruins in the event of a […]