{"id":52628,"date":"2017-04-23T13:00:05","date_gmt":"2017-04-23T06:00:05","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/low-rates-tight-margins-the-mortgage-market-looks-worryingly-familiar\/"},"modified":"2017-04-23T13:11:18","modified_gmt":"2017-04-23T06:11:18","slug":"low-rates-tight-margins-the-mortgage-market-looks-worryingly-familiar","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/low-rates-tight-margins-the-mortgage-market-looks-worryingly-familiar\/","title":{"rendered":"Low rates, tight margins: the mortgage market looks worryingly familiar"},"content":{"rendered":"


\nEye-catching new loan deals are attracting first-time buyers in larger numbers: but the parallels with 2007 are growing increasingly uncomfortableOne way to help homebuyers overcome the affordability gap is to cut the cost of borrowing. At a time when the mortgage loan-to-income ratio is back at 2007 levels, homebuyers need all the help they can get. And that is just what the Yorkshire building society has done.Admittedly the borrower must have a 35% deposit and pay a \u00a31,495 fee upfront, but still, someone with a \u00a3200,000 mortgage will repay just \u00a3744 a month on a 25-year term, compared with \u00a31,123 on the building society\u2019s standard variable rate of 4.6%. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Low rates, tight margins: the mortgage market looks worryingly familiar<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Eye-catching new loan deals are attracting first-time buyers in larger numbers: but the parallels 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-52628","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-dGQ","jetpack-related-posts":[{"id":171724,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-rates-hit-the-highest-level-in-a-month-causing-first-time-homebuyers-to-drop-out\/","url_meta":{"origin":52628,"position":0},"title":"Mortgage rates hit the highest level in a month, causing first-time homebuyers to drop out","date":"May 6, 2026","format":false,"excerpt":"\r Mortgage rates rose last week, causing loan demand to drop back and causing the average loan size to rise \u2014 indicating that lower-income borrowers dropped out.\r \r Source : cnbc.com\r Read more...Mortgage rates hit the highest level in a month, causing first-time homebuyers to drop out","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41885,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jump-in-rates-doesnt-deter-homebuyers-as-mortgage-applications-increase-4\/","url_meta":{"origin":52628,"position":1},"title":"Jump in rates doesn't deter homebuyers, as mortgage applications increase 4%","date":"January 25, 2017","format":false,"excerpt":"\r Mortgage rates moved solidly higher last week, but lenders saw no letup in loan demand.\r \r Source : cnbc.com\r Read more...Jump in rates doesn't deter homebuyers, as mortgage applications increase 4%","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123446,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuyers-offered-40-year-fixed-rate-mortgage-by-uk-lender\/","url_meta":{"origin":52628,"position":2},"title":"Homebuyers offered 40-year fixed-rate mortgage by UK lender","date":"November 27, 2021","format":false,"excerpt":"\r Launch by Kensington Mortgages comes amid expectations that era of ultra-low interest rates will endA mortgage offering fixed monthly payments for 40 years was launched this week \u2013 and it could mean that some homebuyers will be able to borrow more money than with a standard deal. The Flexi\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76086,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homeowners-should-brace-themselves-for-rising-mortgage-rates-as-curbs-on-speculators-continue\/","url_meta":{"origin":52628,"position":3},"title":"Homeowners should brace themselves for rising mortgage rates as curbs on speculators continue","date":"January 9, 2018","format":false,"excerpt":"\r Mainland homebuyers could face higher financing costs this year as lenders are expected to raise mortgages rates to curb housing speculation, and help with the country\u2019s nationwide efforts to slash debt. In 35 major cities, average mortgage rates for first-time homebuyers rose to 5.38 per cent in December, up\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102359,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuyers-should-find-out-how-much-the-bank-will-loan-before-signing-a-purchase-agreement\/","url_meta":{"origin":52628,"position":4},"title":"Homebuyers should find out how much the bank will loan before signing a purchase agreement","date":"December 18, 2018","format":false,"excerpt":"\r Purchasing a property to many people is a lifetime investment requiring substantial amount of savings. Most buyers will need to apply for a mortgage loan to finance their purchase. A well-planned budget and obtaining accurate information about a mortgage loan before committing the property purchase are therefore very important\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14364,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuying-not-refinancing-drives-mortgage-applications-up-2-3\/","url_meta":{"origin":52628,"position":5},"title":"Homebuying, not refinancing, drives mortgage applications up 2.3%","date":"May 25, 2016","format":false,"excerpt":"\r Slightly higher mortgage rates did not deter homebuyers looking for a loan last week.\r \r Source : cnbc.com\r Read more...Homebuying, not refinancing, drives mortgage applications up 2.3%","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\/52628"}],"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=52628"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/52628\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=52628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=52628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=52628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}