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British mortgage approvals fall to six-month low in February

British mortgage approvals cooled to a six-month low in February ahead of a rise in transaction taxes on many house purchases while consumer lending grew at the joint-slowest pace...

Mortgage rates

Mortgage rates

‘Keeping cash is really important’

Simon Yu’s monthly mortgage payments for his Shanghai apartment will drop after China’s latest measures to support the ailing property sector, but so will the interest he earns on his...

Rising mortgage rates in the UAE: Why Lenddoo say it's still time to buy

Sponsored Content This article is brought to you by Lenddoo Mortgage Advisors , Dubai and UAE’s Best Mortgage Rates comparator After historically low rates fell below the symbolic 2%...

Dubai property sales up 136.5% in August

Sajjad Ahmed, Deputy Business Editor DUBAI: The Dubai property sales volume increased by 136.5 per cent in August 2021compared to same month of last year, according to report of...

US housing is better, but permits for future homes hit 8-month low

US homebuilding increased more than expected in June, but permits for future home construction fell to an eight-month low, likely reflecting uncertainty caused by expensive building materials as well as...

SoftBank-backed Better HoldCo to go public in $7.7b SPAC deal

SoftBank Group Corp-backed Better HoldCo said on Tuesday it will go public through a merger with a blank-check firm sponsored by investment firm Novator Capital, valuing the mortgage startup at...

UK mortgages hit 13-year high but consumers curb other borrowing

British mortgage approvals hit their highest in almost 13 years in August, underscoring the scale of the post-lockdown bounce-back in the housing market, but consumers turned more cautious about...

UK mortgage approvals rise as property market reopens: BoE

British mortgage approvals more than quadrupled last month from May’s record low and households showed signs of spending more, as the economy began to open up from the coronavirus lockdown....