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As of September 19, 2024, mortgage rates have fallen to 6.09%, the lowest since February 2023, following a Federal Reserve interest rate cut. This decline is reviving buyer interest, although home prices are rising due to low inventory. Experts predict continued activity as rates may drop further.
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A recent survey by Starling Bank reveals that 28% of UK adults have been targeted by AI voice cloning scams in the past year. Alarmingly, 46% of respondents were unaware such scams exist, highlighting a significant vulnerability as fraudsters exploit social media to replicate voices for financial fraud.
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A report reveals that many domestic abuse survivors in the UK face severe financial repercussions from joint mortgages. Abusers manipulate mortgage agreements, leaving victims in debt and housing insecurity. Calls for legal reforms to protect these individuals are intensifying as the issue gains attention, with one in eight women reporting mortgage-related abuse.