He also promised that while the current debt service ratio (DSR) required by NHT is 33.3 per cent, meaning that the loan ...

Dancehall artiste Trmor recently proved the age-old aphorism “Closed mouths don’t get fed,” to be true when he asked ...

Once upon a time, mortgagors nearing the end of their term would open their bank’s renewal letter, see offers based on horrendously high posted rates and obliviously accept them. We apologize, but ...

“If you own a home, they give you a bigger credit card limit or an unsecured credit line,” says Hoyes. “And not only is it ...

It is also evident that equity extraction through refinancing is much less prevalent than equity extraction through HELOCs. In 2017, about 380,000 mortgagors refinanced their mortgages to take out ...

On a positive note, while the overall statistics cover up a lot of hurt, most mortgagors aren’t diving into crisis mode just ...

In other words, jumbo mortgagors are expected to be people with few debts and lots of liquid assets. Here's a comparison of typical terms for jumbo and conventional mortgages. Like conventional ...

Previous episodes of stagflation have been associated with soaring joblessness. In the 1970s, unemployment rose to ...

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The conveyancing practitioner also points out the cost of time which many mortgagors often do not anticipate when signing up to the mortgage process, as a challenge that they face. “When buying from a ...