{"id":137936,"date":"2023-06-25T16:00:32","date_gmt":"2023-06-25T09:00:32","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/theres-a-lot-of-anger-the-mortgage-trap-ensnaring-the-tories-in-their-heartlands\/"},"modified":"2023-06-25T16:19:28","modified_gmt":"2023-06-25T09:19:28","slug":"theres-a-lot-of-anger-the-mortgage-trap-ensnaring-the-tories-in-their-heartlands","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/theres-a-lot-of-anger-the-mortgage-trap-ensnaring-the-tories-in-their-heartlands\/","title":{"rendered":"\u2018There\u2019s a lot of anger\u2019: the mortgage trap ensnaring the Tories in their heartlands"},"content":{"rendered":"


\nIn Selby, site of a key byelection, hardship may be opening the door to Labour even in comfortable Conservative North YorkshireStevie Jackson was striding purposefully across Selby\u2019s pretty marketplace on a warm Thursday lunchtime when she heard the news. As she stared down at her phone, her sunny disposition gave way to a look of anxiety. The Bank of England had just increased interest rates by another 0.5 percentage points, a record 13th consecutive rise and probably not the last.Jackson has two young children and works as a cleaner at a local flour mill. She and her partner, who also has children, recently extended their mortgage by another 25 years to a total of 45. That way they hoped they could spread the payments and afford the other rising costs of family life, such as food and energy. \u201cI have to feed the kids,\u201d she says. Continue reading…
\n
\nSource : theguardian.com
\nRead more…\u2018There\u2019s a lot of anger\u2019: the mortgage trap ensnaring the Tories in their heartlands<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In Selby, site of a key byelection, hardship may be opening the door to Labour...<\/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-137936","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-zSM","jetpack-related-posts":[{"id":114381,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/weekly-mortgage-applications-take-a-hit-as-mortgage-rates-tick-up\/","url_meta":{"origin":137936,"position":0},"title":"Weekly mortgage applications take a hit as mortgage rates tick up","date":"February 19, 2020","format":false,"excerpt":"\r The refinance boom took a step back last week, bringing down total mortgage applications. Mortgage application volume decreased 6.4% from the previous week, according to the Mortgage Bankers Association.\r \r Source : cnbc.com\r Read more...Weekly mortgage applications take a hit as mortgage rates tick up","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69494,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-is-not-just-a-mortgage-its-an-ms-mortgage\/","url_meta":{"origin":137936,"position":1},"title":"This is not just a mortgage; it\u2019s an M&S mortgage","date":"October 19, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...This is not just a mortgage; it\u2019s an M&S mortgage","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":145519,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/both-mortgage-rates-and-weekly-mortgage-demand-are-stuck-in-place-suggesting-a-slow-summer-housing-market\/","url_meta":{"origin":137936,"position":2},"title":"Both mortgage rates and weekly mortgage demand are stuck in place, suggesting a slow summer housing market","date":"June 26, 2024","format":false,"excerpt":"\r Total mortgage application volume was essentially flat last week, up just 0.8% from the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.\r \r Source : cnbc.com\r Read more...Both mortgage rates and weekly mortgage demand are stuck in place, suggesting a slow summer housing market","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146421,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-refinance-demand-jumps-to-a-2-year-high-as-mortgage-rates-drop\/","url_meta":{"origin":137936,"position":3},"title":"Mortgage refinance demand jumps to a 2-year high, as mortgage rates drop","date":"July 17, 2024","format":false,"excerpt":"\r Mortgage rates dropped to the lowest level since March last week, sparking swift demand in refinancing.\r \r Source : cnbc.com\r Read more...Mortgage refinance demand jumps to a 2-year high, as mortgage rates drop","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115440,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-industry-sounds-alarm-over-coronavirus-mortgage-bailout\/","url_meta":{"origin":137936,"position":4},"title":"Mortgage industry sounds alarm over coronavirus mortgage bailout","date":"April 7, 2020","format":false,"excerpt":"\r CNBC's Diana Olick reports on mortgage and finance leaders putting out an urgent liquidity plea to federal regulators as they try to brace for fallout from the coronavirus pandemic. Dave Stevens, former FHA commissioner, joins the conversation.\r \r Source : cnbc.com\r Read more...Mortgage industry sounds alarm over coronavirus mortgage\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144323,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/weekly-mortgage-refinance-demand-rose-5-after-a-slight-dip-in-mortgage-rates\/","url_meta":{"origin":137936,"position":5},"title":"Weekly mortgage refinance demand rose 5% after a slight dip in mortgage rates","date":"May 8, 2024","format":false,"excerpt":"\r Mortgage rates are significantly higher than they were at the start of 2024, they pulled back slightly last week but several weeks of straight increases.\r \r Source : cnbc.com\r Read more...Weekly mortgage refinance demand rose 5% after a slight dip in mortgage rates","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\/137936"}],"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=137936"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/137936\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=137936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=137936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=137936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}