Mortgage rates have been falling steadily since the last week of April, and that may be reigniting home price appreciation. The lower the rate, the more purchasing power buyers have. Home price gains had been shrinking since last summer, when rates rose sharply, but are now making a U-turn withRead More →

 The head of the PRA said it was ‘entirely unsurprising’ competition had forced lenders to take on riskier clients. Photograph: Yui Mok/PA The Bank of England has raised a red flag over the state of the mortgage market, warning lenders that stricter rules could be imposed if they take on too muchRead More →