Mortgage CRISIS Ahead?
An episode of the UK Mortgage Market Insights podcast, hosted by Craig, titled "Mortgage CRISIS Ahead?" was published on March 15, 2024 and runs 14 minutes.
March 15, 2024 ·14m · UK Mortgage Market Insights
Summary
This episode provides a comprehensive update on the UK mortgage market for the week ending March 15, 2024. It begins with an overview of the latest jobs data from the ONS. The episode then discusses recent changes in lender rates and criteria adjustments made by banks such as NatWest, Santander, and others, with some increasing rates and others reducing them. Additionally, there's an analysis of the latest mortgage and arrears data from the Bank of England. Following this, the UK's GDP data for January 2024 is reviewed. The episode also covers the RICS residential market survey. Lastly, there's a discussion on the latest swap rate charts. 00:00 Welcome to This Week's UK Mortgage Market Insights 00:21 Deep Dive into the Latest Jobs Data and Economic Analysis 02:20 Exploring This Week's Lender Rate Changes 03:52 Unpacking Recent Criteria Changes in the Mortgage Market 06:18 Analyzing the Latest Mortgage and Arrears Data 08:10 UK GDP Report: A Glimpse into the Economy's Performance 09:33 RICS Residential Market Survey: Understanding the Current Trends 12:03 Swap Rate Chart Analysis: What's Happening in the Market? 14:06 Closing Thoughts and Invitation to Subscribe https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/march2024 https://www.bankofengland.co.uk/statistics/mortgage-lenders-and-administrators/2023/2023-q4 https://www.ons.gov.uk/economy/grossdomesticproductgdp/bulletins/gdpmonthlyestimateuk/january2024 https://www.rics.org/news-insights/market-surveys/uk-residential-market-survey
Episode Description
This episode provides a comprehensive update on the UK mortgage market for the week ending March 15, 2024. It begins with an overview of the latest jobs data from the ONS. The episode then discusses recent changes in lender rates and criteria adjustments made by banks such as NatWest, Santander, and others, with some increasing rates and others reducing them. Additionally, there's an analysis of the latest mortgage and arrears data from the Bank of England. Following this, the UK's GDP data for January 2024 is reviewed. The episode also covers the RICS residential market survey. Lastly, there's a discussion on the latest swap rate charts. 00:00 Welcome to This Week's UK Mortgage Market Insights 00:21 Deep Dive into the Latest Jobs Data and Economic Analysis 02:20 Exploring This Week's Lender Rate Changes 03:52 Unpacking Recent Criteria Changes in the Mortgage Market 06:18 Analyzing the Latest Mortgage and Arrears Data 08:10 UK GDP Report: A Glimpse into the Economy's Performance 09:33 RICS Residential Market Survey: Understanding the Current Trends 12:03 Swap Rate Chart Analysis: What's Happening in the Market? 14:06 Closing Thoughts and Invitation to Subscribe https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/march2024 https://www.bankofengland.co.uk/statistics/mortgage-lenders-and-administrators/2023/2023-q4 https://www.ons.gov.uk/economy/grossdomesticproductgdp/bulletins/gdpmonthlyestimateuk/january2024 https://www.rics.org/news-insights/market-surveys/uk-residential-market-survey