Showing 1 to 10 of 10 results
Australian Banks Report Easing Mortgage Stress, Increased Housing Credit Growth
Australia's major banks reported lower-than-expected bad debts and increased housing credit growth in their latest financial results, indicating easing household financial stress but raising concerns about potential future risks associated with further rate cuts and the competition with mortgage bro...
Australian Banks Report Easing Mortgage Stress, Increased Housing Credit Growth
Australia's major banks reported lower-than-expected bad debts and increased housing credit growth in their latest financial results, indicating easing household financial stress but raising concerns about potential future risks associated with further rate cuts and the competition with mortgage bro...
Progress
28% Bias Score
UK Eases Mortgage Rules, Raising Concerns of 2008 Crisis Repeat
The Bank of England relaxed mortgage lending rules, allowing banks to lend more to lower-income borrowers, aiming for 36,000 more first-time buyer mortgages annually; however, critics fear this could lead to a repeat of the 2008 financial crisis due to the persistent gap between house prices and sal...
UK Eases Mortgage Rules, Raising Concerns of 2008 Crisis Repeat
The Bank of England relaxed mortgage lending rules, allowing banks to lend more to lower-income borrowers, aiming for 36,000 more first-time buyer mortgages annually; however, critics fear this could lead to a repeat of the 2008 financial crisis due to the persistent gap between house prices and sal...
Progress
52% Bias Score
FHFA Allows VantageScore for Government-Backed Mortgages, Impacting FICO
The FHFA announced that lenders can now use VantageScore for government-backed mortgages, potentially increasing competition and lowering closing costs, causing a significant drop in FICO's stock price.
FHFA Allows VantageScore for Government-Backed Mortgages, Impacting FICO
The FHFA announced that lenders can now use VantageScore for government-backed mortgages, potentially increasing competition and lowering closing costs, causing a significant drop in FICO's stock price.
Progress
52% Bias Score
Record UK House Prices Despite Increased Inventory
UK average home asking prices hit a record £379,517 in May, up 0.6% from April, marking the fifth consecutive year of record May prices; however, the monthly rise was the lowest since 2016 due to a decade-high number of homes on the market, impacting seller competitiveness.
Record UK House Prices Despite Increased Inventory
UK average home asking prices hit a record £379,517 in May, up 0.6% from April, marking the fifth consecutive year of record May prices; however, the monthly rise was the lowest since 2016 due to a decade-high number of homes on the market, impacting seller competitiveness.
Progress
32% Bias Score
German Mortgage Market Surges 23 Percent in 2024
German banks' new business with private mortgages totaled "198 billion euros" in 2024, a 23 percent increase year-on-year due to slightly lower construction interest rates after ECB cuts, following a 37 percent drop in 2023 to "161 billion euros" due to high interest rates and construction costs.
German Mortgage Market Surges 23 Percent in 2024
German banks' new business with private mortgages totaled "198 billion euros" in 2024, a 23 percent increase year-on-year due to slightly lower construction interest rates after ECB cuts, following a 37 percent drop in 2023 to "161 billion euros" due to high interest rates and construction costs.
Progress
36% Bias Score
UK Housing Market Defies Summer Slump Despite Halved Price Growth Forecast
Despite a record number of homes for sale and increased stamp duty costs, Britain's housing market is busier than usual this summer due to larger mortgages, leading to a buyer's market and regional differences in house price growth, with Zoopla halving its 2025 house price growth forecast to 1%.
UK Housing Market Defies Summer Slump Despite Halved Price Growth Forecast
Despite a record number of homes for sale and increased stamp duty costs, Britain's housing market is busier than usual this summer due to larger mortgages, leading to a buyer's market and regional differences in house price growth, with Zoopla halving its 2025 house price growth forecast to 1%.
Progress
36% Bias Score
Reeves's "Helping Hand" Mortgage Plan Risks Repeat of Past Financial Crises
Chancellor Rachel Reeves unveiled a new mortgage plan, "Helping Hand," allowing loans up to six times borrowers' salaries, potentially increasing homeownership but raising concerns about financial stability given past crises like the 2008 HBOS collapse.
Reeves's "Helping Hand" Mortgage Plan Risks Repeat of Past Financial Crises
Chancellor Rachel Reeves unveiled a new mortgage plan, "Helping Hand," allowing loans up to six times borrowers' salaries, potentially increasing homeownership but raising concerns about financial stability given past crises like the 2008 HBOS collapse.
Progress
60% Bias Score
Dutch Government Policy Contributes to Housing Unaffordability
The Dutch government quietly lowered maximum mortgage borrowing for 2025, impacting affordability; the government could adjust lending policies, reduce tax breaks, and limit borrowing to cool the housing market.
Dutch Government Policy Contributes to Housing Unaffordability
The Dutch government quietly lowered maximum mortgage borrowing for 2025, impacting affordability; the government could adjust lending policies, reduce tax breaks, and limit borrowing to cool the housing market.
Progress
60% Bias Score
Santander Eases UK Mortgage Rules, Increasing Borrowing Limits
Santander loosens UK mortgage affordability rules, increasing borrowing limits by £10,000-£35,000 for many applicants, potentially enabling more home purchases but raising concerns about increased house prices and financial stability. Other lenders are expected to follow.
Santander Eases UK Mortgage Rules, Increasing Borrowing Limits
Santander loosens UK mortgage affordability rules, increasing borrowing limits by £10,000-£35,000 for many applicants, potentially enabling more home purchases but raising concerns about increased house prices and financial stability. Other lenders are expected to follow.
Progress
44% Bias Score
Greece Intervenes in Banking Sector to Address Low Rates, High Fees, and Slow Mortgages
The Greek government is intervening in its banking sector to address low deposit rates (1.84% vs. Eurozone average of 2.76%), high bank fees, and slow mortgage lending, aiming to pressure banks into fulfilling their social responsibilities, as stated by Prime Minister Kyriakos Mitsotakis.
Greece Intervenes in Banking Sector to Address Low Rates, High Fees, and Slow Mortgages
The Greek government is intervening in its banking sector to address low deposit rates (1.84% vs. Eurozone average of 2.76%), high bank fees, and slow mortgage lending, aiming to pressure banks into fulfilling their social responsibilities, as stated by Prime Minister Kyriakos Mitsotakis.
Progress
32% Bias Score
Showing 1 to 10 of 10 results