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More than 90 people have signed up to a government programme to help them become homeowners since it was launched last month. Under the scheme, first-time mortgages will be guaranteed partially for up to a decade by the Government, with interest ...

We covered great detail in the first three parts of “The Anatomy of A Mortgage Contract” series. Part one: mortgage description overview is composed of two contracts, a deed and a mortgage, kinds of mortgages available, overview of the process, ...

This is the third in a series of articles about the anatomy of a mortgage contract. Be aware that mortgage contract facts covered are generically-derived – your mortgage will be specific to your mortgage and your lender. We've covered mortgage f...

Dear Sir, The United States Federal Reserve and the Bank of England are the arsonists who started the inflation fires, and they are now trying to put the fires out. The United States Federal Reserve and the Bank of England had no other choice but to ...

This is the second part of the series about the anatomy of a mortgage contract. In part one, we coved the basics – the various kinds of mortgages, legal ownership, and some of the process. Readers, please keep in mind that this is a general discours...

A $50 million pilot initiative aimed at helping first-time buyers to get on the property ladder was launched today by the Premier, David Burt. Under the move, first-time mortgages will be guaranteed partially for up to a decade by the Government, wi...

Bermudians looking to buy their first home will qualify for instant stamp duty relief under a law passed in the House of Assembly on Friday. Previously, new homeowners had to prove that they had lived in their property for three years before they qua...

Essent Group Ltd, the mortgage re/insurer based in Bermuda, has reported net income for the second quarter of $231.8 million. That compares with net income of $159.8 million for the same quarter a year ago. Mark A Casale, chairman and chief executive...

Butterfield Bank’s increased interest rates on loans by half a percentage point comes with a warning that more increases are likely to come soon. The bank absorbed a third of the 75-basis-point increase in the target range of the US federal funds rat...

Butterfield Bank raised its interest rates on loans and selected deposits in response to yesterday’s increase in the US Federal Funds Rate

The owner of the property portal, propertyskipper, quietly launched what may be Bermuda’s only mortgage brokerage and has a current promotional offer of an all-in, 5.25 per cent mortgage, fixed for five years. The man behind the offer is former banke...

Economic and financial difficulties may have ended the dream for the owners of a North Shore nightclub for a mature clientele. A Supreme Court judge has refused to halt a writ of possession for 81 North Shore Road, Devonshire, in relation to the 2018...