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Mortgage lending leap fuels housing market debate – UK mortgage lending in April was 36% higher than a year ago, a lenders’ group says, as a major bank moves to cool the housing market in London. Gross lending was up 8% compared with March to an.
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3 ways a reverse mortgage can leave you homeless – Don’t let a reverse mortgage put you out of your home. When it comes to reverse mortgages, inflation should be one of your top concerns. Over time, inflation can eat away at the value of your annuity.
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Affordability & Mortgage Calculator – Manufactured Homes – The affordability calculator is calculated based on the percentage of your income spent on monthly debt. Most lenders limit how much of your monthly income can pay debt such as mortgage payments, car loans, and student debt (this is called Debt to Income ratio).