#homeloans — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #homeloans, aggregated by home.social.
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How "federal policies increase debt and home size — and thereby sprawl": https://www.thenewatlantis.com/publications/how-the-government-built-the-american-dream-house
#housing #taxBreaks #mortgage #wealth #realEstate #assets #ownership #property #realEstate #insurance #loans #debt #taxes #urbanSprawl #policy #homeLoans
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Looking to buy a house? This creative dude built a very useful dashboard that compares mortgage rates across 120 credit unions. He built it to, in his words, “help people realize they have options and potentially save thousands of dollars a year” Thanks Mahmoud. You did good. #home #mortgage #MortgageRates #finance #HomeLoans #HomeBuying
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Australia's home loans rose 0.1% in Sep, down from 2.4%.
Australia's PPI YoY for Q3 at 3.9%, down from 4.8%.
Australia's PPI QoQ for Q3 increased to 0.9%, above the 0.7% consensus.
China's Caixin Manufacturing PMI for Oct at 50.3, beating the 49.7 forecast.
UK's Nationwide HPI MoM for Oct up 0.1%, below 0.3% consensus; YoY at 2.4%, under 2.8% forecast.
#AUD #CNY #GBP #Economy #PPI #ManufacturingPMI #HomeLoans #HPI #MarketData #Finance #Trading
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Australian mortgage holders are facing a financial squeeze, with monthly home loan repayments hitting $14.5 billion in June 2024, according to Reserve Bank data. Shockingly, 66% of this was just interest, a $5.5 billion rise since March 2022. Many are desperately waiting for rate cuts to ease the burden. #HomeLoans #InterestRates #RBA #Auspol #auseconomy #massimmigration
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The #mortgage trap - During the pandemic, as #house prices surged, many Australians took out very large #homeloans while interest #rates were at historic lows. Mortgage repayments for some borrowers have doubled or tripled, leaving them drowning in #debt.
#ABCAustralia are investigating how we got into this situation, who is to blame and what needs to change – and they need your help. Whether improper lending practices have contributed to the current #financial stress that mortgage holders are experiencing. #propertyhttps://www.abc.net.au/news/2023-04-28/help-us-investigate-mortgage-lending-practices/102277244
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The #reporate is the rate at which banks borrow from the RBI on a short-term basis. It serves as a benchmark for #homeloans, and these rate hikes would be passed on to the consumer to make them costlier
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CW: New StandWithTillie fundraiser
@deletescape
Its #financialApartied.They've been doing it for generations to limit #blackPeople from getting #homeLoans in #WashingtonDC, for example. Now during #COVID the #bankers signal their #progressivism and virtue on every billboard they can find.
We suppose their #liberalValues end when you literally try to liberate people from their #idealogicalControl.
#soCalledLiberalValues #soCalledCivilLiberties #suppression #bigTech #bigFinance #Amazon #bitcoin