Consumer Spending | The 5 Extraordinary Effects
As reported by the Financial Times, the UK economy experienced a marked slowdown in July. This was attributed to rising interest rates impacting consumer spending and a worsening downturn in manufacturing. Unsurprisingly, interest rates significantly influence consumer spending patterns and the economy’s overall health. When interest rates rise, consumers often face higher borrowing costs, which […]
Do I Still Need an Adverse Mortgage?
Do I Still Need an Adverse Mortgage? | If your credit history has improved, you may be wondering if you still need an adverse mortgage. This is a common question for borrowers who previously experienced missed payments, defaults, or other credit issues. In a previous article titled “Obtaining a Mortgage Despite Your Partner’s Poor Credit,” […]