Mortgage Rates in 2023: Four Factors That Reduced the Shock
Mortgage rates rose sharply during 2023, increasing costs for buyers and existing borrowers approaching the end of fixed deals. However, four factors reduced the likelihood of a repeat of the 2008 housing crisis: Many homeowners held more equity. Some households had accumulated savings or reduced their mortgage balances. Mortgage affordability assessments had tested borrowers against […]
Life Insurance Premiums: What Affects The Cost?
Life insurance premiums are not just a monthly cost. They are the price of transferring risk. At the centre of every life insurance policy is a simple question. If the worst happened, would the people who depend on you have enough financial support? That question is practical, but it is also personal. A mortgage, family […]