Mortgages

But lower purchase activity shows borrowing costs still prohibitively high for prospective buyers

2026-11-04T13:40:40.000Z

The bank forecasts a 10.9% decline in house prices in the year to March 2027

2026-11-03T07:39:52.000Z

It can free up lending capacity equal to 7% of new residential mortgages, says bank lobby group UK Finance

2026-11-01T08:31:42.000Z

However, borrowing costs remains close to their highest levels since November 2023

2026-10-23T06:30:22.000Z

Building permits decrease 4% to a rate of 845,000 units, the lowest level since March 2023

2026-10-21T08:45:37.000Z

Rising home prices are compressing the market further; first-time buyers are being pushed to the sidelines

2026-10-09T10:26:55.000Z

He has filed an appeal, and the next hearing is set for Oct 15

2026-10-05T12:30:43.000Z

Rates above 7% are weighing heavily on demand in a market already hobbled by home prices that remain close to record highs

2026-10-02T07:05:58.000Z

The 30-year mortgage rate was last above 7% in late January 2025

2026-09-24T04:48:32.000Z

The average rate on a 30-year fixed-rate mortgage has jumped nearly 100 basis points since the Iran war started

2026-09-18T00:12:42.000Z