NewsBot
05-Oct-22, 21:20
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Mortgage Rates Rise To 6 Pecent For Remortgages And New Buyers But Stress Tests Make It Harder
As the banks and building societies get to grips with the new reality of rising interest rates the cost for property buyers whether first time or re-mortgages is going up. Making things even harder is the stress testing that is done to prove anyone can afford a mortgage and make the payments each month for the life of the mortgage. [Read Full Article (https://caithness-business.co.uk/article/17904)]
Mortgage Rates Rise To 6 Pecent For Remortgages And New Buyers But Stress Tests Make It Harder
As the banks and building societies get to grips with the new reality of rising interest rates the cost for property buyers whether first time or re-mortgages is going up. Making things even harder is the stress testing that is done to prove anyone can afford a mortgage and make the payments each month for the life of the mortgage. [Read Full Article (https://caithness-business.co.uk/article/17904)]