Central bankers are lowering borrowing costs, but that won’t be a cure-all for a widespread lack of affordable housing.
Tag: Mortgages
In China, More Single Female Home Buyers, Resisting Sexist Norms
The housing market in China is in turmoil. But more and more women, facing a less equal society, are buying their own homes in search of security.
U.K. Inflation Rate Slows to 7.9 Percent
The larger-than-expected slowdown, led by motor vehicle fuel prices, offers some relief to the government and the Bank of England.
As Sunak Makes His Case to Britons, the Economy Could Undermine It
Britain’s Conservative government faces a morass of problems, some new, others longstanding, that are stymying Prime Minister Rishi Sunak.
How Interest Rates and Inflation Differ in the US and UK
The rising cost of living can look very different depending on where you live.
Hurricane Ian’s Financial Toll Threatens Florida’s Real Estate Market
The hurricane’s record-breaking cost will make it even harder for many to get insurance, experts say — threatening home sales, mortgages and construction.
U.K. Borrowers React to Soaring Interest Rates in Mortgage Market
The financial turmoil in Britain has led to soaring interest rates, prompting many lenders to withdraw products and stoking worry among homeowners about rising costs.
Truss Takes a Bold Economic Gamble. Will It Sink Her Government?
Three weeks into her term, Prime Minister Liz Truss’s financial plans have thrown the markets and Britain’s currency into chaos and put her future in peril.