Tag Archives: increase

UK house prices increase 10.9% from February 2021

The data found that house prices in the UK have risen by 0.5% since January this year. The UK Property Transactions Statistics showed that in February 2022, on a seasonally adjusted basis, the estimated number of transactions of residential properties with a value of £40,000 or greater was 112,240, representing a 20.8% decrease compared to […]

Mortgage rates increase for the fifth straight week

Mortgage rates headed upward for the fifth straight week, continuing their first-quarter trend, as the latest economic data and central bank news did little to stop its trajectory. The 30-year fixed-rate mortgage climbed 5 basis points to average 4.72% for the weekly period ending April 7, according to Freddie Mac’s Primary Mortgage Market Survey. Although […]

When to increase your house budget and when to stick to your plan

Mikolette | E+ | Getty Images Prior to the pandemic’s red-hot housing market, t. was a simple profile that constituted an “A” buyer, according to Brian Copeland, a realtor in Nashville, Tennessee. “Four years ago, an ‘A’ buyer was someone who was pre-qualified for a loan, had 3% down and could go out this weekend […]

Fixed mortgage rates increase, Moneyfacts data shows

While the average rate for a two-year mortgage moved up 5 basis points, to 2.80%, every other fix increased by 3 basis points. This took the average rate for a three-year fix to 2.79%, for a five-year fix to 2.97%, and for a 10-year fix to 2.90%. Two-year fixes At 80% LTV, the average rate […]