{"id":137473,"date":"2023-06-21T13:20:04","date_gmt":"2023-06-21T06:20:04","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wednesday-briefing-how-to-solve-the-uks-mortgage-mess-as-interest-rates-rise-again\/"},"modified":"2023-06-21T13:40:39","modified_gmt":"2023-06-21T06:40:39","slug":"wednesday-briefing-how-to-solve-the-uks-mortgage-mess-as-interest-rates-rise-again","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wednesday-briefing-how-to-solve-the-uks-mortgage-mess-as-interest-rates-rise-again\/","title":{"rendered":"Wednesday briefing: How to solve the UK\u2019s mortgage mess, as interest rates rise again"},"content":{"rendered":"


\nIn today\u2019s newsletter: Rising inflation and interest rates mean real pain for homeowners \u2013 with few signs of relief on the waySign up here for our daily newsletter, First EditionGood morning. Some call it a catastrophe. Others prefer crisis, \u201cticking timebomb\u201d or a plain, old-fashioned nightmare.Whichever disaster movie term you prefer, this week\u2019s news from the UK mortgage market is not at all good, with lenders\u2019 interest rates soaring and millions of homeowners facing a huge jump in their monthly payments when their fixed-rate terms expire.Titanic submarine | Canadian aircraft have detected \u201cunderwater noises in the search area\u201d of the missing submersible Titan, the US Coast Guard has said, amid US media reports of regular \u201cbanging sounds\u201d. Search efforts for the five people on board continue, but the air supply is dwindling, if they are still alive.Andrew Tate | Romanian prosecutors have sent Andrew Tate, his brother Tristan and two other suspects to trial on charges of human trafficking, rape and forming a criminal gang to sexually exploit women. The controversial influencer denies all allegations.Media | The Conservative party has been accused by 300 news organisations from around the world of setting a \u201cdangerous precedent\u201d internationally, after it introduced a \u00a3137 fee to report on its annual conference.Farming | An investigation has found that a major supplier of chicken to UK supermarkets is sourcing birds dosed with antibiotics \u201ccritical to human health\u201d, as concerns grow about the spread of deadly superbugs.US news | Hunter Biden, the son of Joe Biden, will plead guilty to three federal crimes according to the US justice department. Biden is pleading guilty to two counts of wilful failure to pay income tax and a separate federal firearm offence, reports Reuters. Continue reading…
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\nSource : theguardian.com
\nRead more…Wednesday briefing: How to solve the UK\u2019s mortgage mess, as interest rates rise again<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In today\u2019s newsletter: Rising inflation and interest rates mean real pain for homeowners \u2013 with...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-137473","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-zLj","jetpack-related-posts":[{"id":133668,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-refinance-demand-surges-as-homeowners-take-advantage-of-lower-interest-rates\/","url_meta":{"origin":137473,"position":0},"title":"Mortgage refinance demand surges, as homeowners take advantage of lower interest rates","date":"January 11, 2023","format":false,"excerpt":"\r Mortgage rates fell last week, causing a rush on refinancing.\r \r Source : cnbc.com\r Read more...Mortgage refinance demand surges, as homeowners take advantage of lower interest rates","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":156872,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-refinance-demand-surges-as-interest-rates-drop-further\/","url_meta":{"origin":137473,"position":1},"title":"Mortgage refinance demand surges, as interest rates drop further","date":"July 2, 2025","format":false,"excerpt":"\r Mortgage rates continued to fall, causing more homeowners to apply to refinance at those lower rates. Homebuyers, however, were less impacted by lower rates.\r \r Source : cnbc.com\r Read more...Mortgage refinance demand surges, as interest rates drop further","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110082,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-demand-falls-as-interest-rates-flatten\/","url_meta":{"origin":137473,"position":2},"title":"Mortgage demand falls as interest rates flatten","date":"August 21, 2019","format":false,"excerpt":"\r After a rush on refinances, homeowners took a breather last week, despite still seeing the lowest interest rates in about three years.\r \r Source : cnbc.com\r Read more...Mortgage demand falls as interest rates flatten","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100462,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-applications-weaken-further-as-interest-rates-rise\/","url_meta":{"origin":137473,"position":3},"title":"Mortgage applications weaken further as interest rates rise","date":"October 24, 2018","format":false,"excerpt":"\r Higher interest rates are hitting homeowners hoping to refinance and homebuyers hoping to get in on the fall housing market.\r \r Source : cnbc.com\r Read more...Mortgage applications weaken further as interest rates rise","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142820,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/7-interest-rates-hit-weekly-mortgage-demand-hard\/","url_meta":{"origin":137473,"position":4},"title":"7% interest rates hit weekly mortgage demand hard","date":"February 28, 2024","format":false,"excerpt":"\r Higher mortgage rates continue to hit demand from both current homeowners and potential homebuyers.\r \r Source : cnbc.com\r Read more...7% interest rates hit weekly mortgage demand hard","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87517,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-brief-respite-for-interest-rates-fails-to-spur-mortgage-applications\/","url_meta":{"origin":137473,"position":5},"title":"A brief respite for interest rates fails to spur mortgage applications","date":"May 9, 2018","format":false,"excerpt":"\r Interest rates for home loans fell for just the third time this year, but homeowners and homebuyers weren't impressed.\r \r Source : cnbc.com\r Read more...A brief respite for interest rates fails to spur mortgage applications","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/137473"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=137473"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/137473\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=137473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=137473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=137473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}