#Current Mortgage Rates

[kmrealtygroup]

Understanding Inflation’s Influence on Mortgage Rates.

Confused about how inflation affects your mortgage? Don’t worry, you’re not alone. Decoding economic trends can be daunting, especially when you’re planning to buy a home. However, the repercussions of inflation on mortgage rates can’t be ignored. Chicago’s KM Realty Group is here to simplify things for you.

In the face of burgeoning inflation, the Federal Reserve has been striving to bring it down through various measures. While we’ve seen inflation cool down for twelve consecutive months, the figures remain higher than the Federal Reserve’s target of 2%, creating waves across the housing market.

Why does this matter?

Because this inflation trend brings with it fluctuations in the Federal Funds Rate, a key element impacting mortgage rates.

Contrary to what you might initially think, movements in the Federal Fund Rate have crucial implications for mortgage rates. Decisions made by the Federal Reserve can subtly influence economic activity, and consequently, the mortgage rates you’re obligated to pay.

This monetary policy mechanized by the Federal Reserve becomes particularly relevant when inflation is riding high like it is today. High inflation naturally gives rise to increased mortgage rates. But if the Federal Reserve is successful in its endeavors to mitigate inflation, it could result in reduced mortgage rates, consequently making homeownership a more affordable venture.

Historical data demonstrates the relationship between falling inflation and declining mortgage rates. With inflation on a tentative downward trend (as indicated by the blue trend line in the analysis), one could anticipate a subsequent drop in mortgage rates (depicted by the green trend line), making this the right time to consider your real estate options.

With the ongoing fiscal uncertainties, the best way forward is to keep a vigilant watch on inflation movements and their ramifications on mortgage rates. As Chicago’s premier Realty Group, KM Realty Group LLC equips you with expert advice on housing market shifts and their implications.

For a detailed insight into the dynamics of inflation and its effect on mortgage rates, visit our original blog post here at KM Realty Group LLC’s blog page. With our comprehensive analysis, you can stay ahead of the curve and make well-informed decisions in your journey toward home ownership.

Stay tuned for more updates and tips from our real estate professionals, ensuring you stay informed and prepared in these fluctuating economic times.

[ratetradecanada-blog]

Refinance Calculator in Canada: Your Guide to Smarter Financial Decisions

Introduction to Refinancing

Refinancing is a process where homeowners replace their existing mortgage with a new one, typically to secure better terms or interest rates. In Canada, refinancing has become an increasingly popular financial strategy, allowing homeowners to tap into their home's equity, reduce monthly payments, or switch from a variable to a fixed-rate mortgage. To aid in making an informed decision, a refinance calculator can be an invaluable tool.

What is a Refinance Calculator?

A refinance calculator is an online tool designed to help homeowners estimate the potential benefits and costs associated with refinancing their mortgage. By inputting details such as the current mortgage balance, interest rates, and term length, homeowners can quickly see how much they could save or what new payment schedules might look like.

How Does a Refinance Calculator Work?

Refinance calculators work by taking several key pieces of information:

Current Mortgage Details: This includes the remaining balance, current interest rate, and remaining term of the mortgage.

New Mortgage Terms: This involves the new interest rate, the desired term of the new mortgage, and any associated fees or closing costs.

Financial Goals: Homeowners can specify their objectives, such as lowering monthly payments, paying off the mortgage faster, or accessing equity.

By inputting this information, the calculator provides an overview of potential monthly payments, total interest paid over the life of the loan, and the overall cost savings or expenses associated with refinancing.

Benefits of Using a Refinance Calculator

Using a refinance calculator offers several advantages:

Informed Decision-Making: It provides a clear picture of the financial impact of refinancing, helping homeowners make educated decisions.

Cost Savings: Homeowners can identify potential savings on interest payments and monthly installments.

Time Efficiency: The calculator delivers instant results, saving homeowners time compared to manual calculations or consultations.

Customizable Scenarios: Users can experiment with different scenarios, adjusting interest rates, terms, and additional payments to see how each variable affects their mortgage.

Key Considerations When Refinancing

While a refinance calculator is a powerful tool, it's essential to consider the following factors:

Closing Costs: Refinancing often involves closing costs, which can range from 2% to 5% of the loan amount. It's crucial to factor these into the calculations.

Break-Even Point: This is the point at which the savings from the new mortgage exceed the costs of refinancing. The refinance calculator can help determine how long it will take to reach this point.

Credit Score: A higher credit score can secure better interest rates. Homeowners should check their credit score and take steps to improve it if necessary before refinancing.

Market Conditions: Interest rates fluctuate based on economic conditions. Using the calculator periodically can help homeowners decide the optimal time to refinance.

Steps to Use a Refinance Calculator

Gather Information: Collect details about your current mortgage, including the balance, interest rate, and remaining term.

Research Rates: Look up current mortgage rates from various lenders to input into the calculator.

Input Data: Enter the current mortgage details, new interest rate, desired term, and any additional fees into the calculator.

Analyze Results: Review the calculator’s output, focusing on monthly payment changes, total interest savings, and the break-even point.

Compare Scenarios: Experiment with different interest rates, loan terms, and additional payments to find the best refinancing option.

Conclusion

A refinance calculator is a crucial tool for Canadian homeowners considering refinancing their mortgage. By providing detailed financial projections and allowing for customizable scenarios, it enables homeowners to make informed, strategic decisions.

While the calculator simplifies the process, it's essential to consider all factors, including closing costs, credit score, and market conditions, to maximize the benefits of refinancing.

Contact Us:

Web: www.ratetrade.ca

Email: info@ratetrade.ca

Phone: (905) 676 0008

[kentuckybats]

Best mortgage rates in Kentucky for FHA, VA, USDA and Conventional Home Loans

How to get the best mortgage rate in Kentucky   Your credit score plays a significant role in determining the interest rate you qualify for. Lenders use credit scores to assess your creditworthiness and the risk associated with lending to you. Generally, the higher your credit score, the lower the interest rate you can secure. Here’s how different credit score ranges typically impact mortgage…

[saint-ambrosef]

"interest rates" this, "interest rates" that. you know what is also a major cost prohibition in homebuying for people? high property taxes.

[dearmrsawyer]

Because of the position of our house (and the fact that we have more windows than walls) the sun shines on our verandah/lounge room from the moment it rises until it ducks behind the mountain (3pm in winter 8pm in summer). I think our house gets more sun than anyone else in the suburb, all the other houses are shaded for the majority of the day by trees, other houses, or the mtn because they sit right where the incline increases, but our house is on a v wide corner at the end of the street, so there's no house next to us, the house behind us is MUCH lower (we block their sun lol rip) and the house across the road is v far (the mtn blocks the sun before their house can). Basically we may have bought a house at the worst time in history but we hit the sunshine lottery lol

[ratefair]

Homeownership or Home Equity: Purchasing Your First Home in Edmonton

Indeed, for many people in Edmonton, purchasing their first home, or getting access to cash in an owned home are significant financial opportunities. Edmonton has initiatives to help individuals who are first-time home buying, and also those who are seniors who require home buying and or access to home equity. This blog is about a first time home buyer program which is being offered to people in Edmonton and also about Reverse mortgage broker Edmonton which are available to seniors.

The First-Time Home Buyer Incentive

It turns out that the first home buyer incentive Edmonton is a fairly good idea that is going to assist a significant number of first-time homebuyers in purchasing their first homes at affordable prices.

In the same year, the federal government launched the First-Time Home Buyer Incentive which is meant to help these buyers make the necessary down payments to qualify for a home purchase. Available in national territory, including Alberta specifically Edmonton, the program grants up to 10% contribution toward a first home purchase through a form of shared equity home financing.

Reverse Mortgage Broker Edmonton

When applying for the First-Time Home Buyer Incentive there are some basic requirements that buyers must meet concerning their income, the purchase price of the property, use of the property as a primary residence, as well as other conditions. The incentive ranges from a 5%rebate of the purchase price of a resale home or 10% rebate of the purchase price of a newly constructed home. Though it operates independently, it is financed by the federal government and Canada Mortgage and Housing Corporation (CMHC).

Ways of utilizing a Reverse Mortgage in Edmonton

For seniors who are homeowners, using home equity via a reverse mortgage at some later stage can enable them to source for cash for their needs in their post retirement age. Another kind of home equity loan is a reverse mortgage whereby individuals are provided with a part of the home value but still maintain full ownership of the home. It is said that the funds do not have to be paid back until the senior dies, sells their home or moves out, which makes it a versatile type. Before entering into a reverse mortgage in Edmonton it is most recommended that one seek the services of a professional reverse mortgage broker to determine whether you should take up the reverse mortgage. Then the broker will have to state the advantages and disadvantages of the home equity, as well as who qualifies for the tax-free funds and how they can get it. They can also assist the seniors sit down and compare various reverse mortgage lenders as well as products, and come up with the one that best suits the senior in question in regard to his or her financial status and future plans.

[assetalliance]

[confidoloanus]

Mortgage Broker Irvine

If you are looking for a mortgage broker in Irvine, it is important to choose a knowledgeable and trustworthy professional. Confido Loans is a top choice, offering personalized service and access to a wide range of lenders and loan options. Contact Confido Loans to learn more about their expertise as mortgage brokers and how they can help you find the ideal mortgage for your needs.

[ratetradecanada-blog]

Ontario Mortgage Rates: Compare the Best Rates Now

Looking for the best mortgage rates in Ontario? Compare current mortgage rates from leading lenders to find the lowest rates available. Whether you're purchasing a new home or refinancing your existing mortgage, our easy-to-use comparison tool allows you to quickly see the best options tailored to your needs.

Save money and time by finding competitive rates that fit your budget. Start your journey towards homeownership or better savings today with our Ontario mortgage rate comparison!

Contact Us:

Web: www.ratetrade.ca

Email: info@ratetrade.ca

Phone: (905) 676 0008

[mortgageadvisorsglasglow]

Finding the Best Mortgage Advisors in Glasgow: A Comprehensive Guide

Buying a property in Glasgow is a major investment, and most people need a mortgage to help finance their purchase. Finding the right mortgage can be a daunting task, especially if you're not familiar with the process. Fortunately, there are many professional mortgage advisors glasgow who can help you find the best mortgage for your needs. In this comprehensive guide, we'll explore the key factors to consider when looking for a mortgage advisor in Glasgow and provide tips on how to find the best one for your needs.

Understanding the Role of a Mortgage Advisor

A mortgage advisor is a professional who specializes in helping people find and secure mortgages for property purchases. They act as intermediaries between borrowers and lenders and can help you navigate the complex process of securing a mortgage. Mortgage advisors can offer advice on different types of mortgages, interest rates, fees, and charges, and help you find the best deal for your needs.

Factors to Consider When Choosing a Mortgage Advisor

When choosing a mortgage advisor in Glasgow, there are several factors to consider. Here are some of the most important:

Qualifications and Experience

The first thing to look for in a mortgage advisor is their qualifications and experience. Look for an advisor who is qualified and registered with the Financial Conduct Authority (FCA). They should also have a good track record of helping clients secure mortgages and be able to provide references if requested.

Independent vs. Tied Advisors

Independent mortgage advisors work with a range of lenders and can offer advice on a wide range of mortgage products. Tied advisors, on the other hand, work for a specific lender and can only offer advice on their own products. Independent advisors may be more expensive, but they can offer a wider range of options and may be more impartial in their advice.

Fees and Charges

Before choosing a mortgage advisor, it's important to understand their fees and charges. Some advisors charge a flat fee, while others charge a percentage of the mortgage amount. Make sure you understand how much you'll be paying and what services are included in the fee.

Customer Service

Good customer service is essential when choosing a mortgage advisor. Look for an advisor who is responsive, communicative, and easy to work with. They should be able to explain complex financial concepts in plain language and answer any questions you may have.

Online Reviews and Reputation

Before choosing a mortgage advisor, it's a good idea to check their online reviews and reputation. Look for reviews on independent websites and social media platforms to get an idea of what previous clients think of their services. A good mortgage advisor should have mostly positive reviews and a strong reputation in the industry.

How to Find the Best Mortgage Advisors in Glasgow

Now that you know what to look for in a mortgage advisor, here are some tips on how to find the best one for your needs:

Referrals from Friends and Family

One of the best ways to find a good mortgage advisor is to ask for referrals from friends and family who have recently purchased property in Glasgow. They can give you firsthand accounts of their experiences and recommend advisors they had a good experience with. Make sure to ask about the advisor's qualifications, experience, and customer service.

Online Mortgage Advisor Directories

There are many online directories that list mortgage advisors in Glasgow, making it easy to compare different advisors and their services. Look for directories that allow you to filter advisors based on their qualifications, experience, and customer reviews.

Local Property Agents and Solicitors

Local property agents and solicitors often have relationships with mortgage advisors in Glasgow and can recommend someone they trust. They may also be able to offer advice on the local property market and which lenders are most active in the area.

Social Media and Online Forums

Social media platforms and online forums can also be a good source of information on mortgage advisors in Glasgow. Look for groups or forums where people discuss property purchases and ask for recommendations. You may also find reviews and feedback from previous clients.

How to Prepare for Your First Meeting with a Mortgage Advisor

Once you've chosen a mortgage advisor, it's important to prepare for your first meeting. Here are some tips on what to do:

Gather Your Financial Information

Before meeting with a mortgage advisor, gather all the necessary financial information they'll need, including your income, expenses, credit score, and any outstanding debts. This will help the advisor determine what type of mortgage you qualify for and what interest rate you can expect.

Research Your Options

Do some research on different types of mortgages and interest rates so you can ask informed questions and understand the advice the advisor gives you. This will also help you feel more confident in the decision you ultimately make.

Prepare a List of Questions

Make a list of questions to ask the mortgage advisor during your meeting. This can include questions about fees and charges, the application process, and what to expect throughout the mortgage process. Don't be afraid to ask for clarification if there's something you don't understand.

Conclusion

Finding the right mortgage advisor is crucial when buying property in Glasgow. By considering factors such as qualifications, experience, fees, and customer service, you can find an advisor who can help you navigate the complex world of mortgages. Use online directories, referrals, and social media to find the best advisor for your needs, and prepare for your first meeting by gathering your financial information and researching your options.

FAQs

Do I need a mortgage advisor to buy a property in Glasgow?

While it's not required, a mortgage advisor can offer valuable advice and help you find the best mortgage for your needs.

How much does a mortgage advisor in Glasgow typically charge?

The fees charged by mortgage advisors can vary, but it's important to understand how much you'll be paying and what services are included.

Should I choose an independent or tied mortgage advisor?

This depends on your individual needs and preferences. Independent advisors can offer a wider range of options, while tied advisors may have access to exclusive deals.

How can I prepare for my first meeting with a mortgage advisor?

Gather all the necessary financial information and do some research on different types of mortgages and interest rates. Make a list of questions to ask the advisor during your meeting.

Can I change mortgage advisors if I'm not happy with their services?

Yes, you can switch advisors if you're not satisfied with their services. However, it's important to understand any fees or charges associated with switching.

[rajinderdhutti88]

Current Bank Mortgage Rates

If you're looking to purchase a home, it's important to stay informed about "Current Bank Mortgage Rates". Rajinder Dhutti, a real estate agent, can help you stay up-to-date on the latest interest rates offered by banks in your area. By understanding the current rates, you can make an informed decision on your mortgage options and find a rate that fits your budget and financial goals. With Rajinder's knowledge and expertise in the real estate market, you can navigate the mortgage process with confidence and find the right rate for your needs.

[snmortgagecanada]

When shopping for the best Mortgage Rates Oakville, there are some essential points to consider.

[becausegoodheroesdeservekidneys]

Clownfall: the Election Cometh

It's a long one, lads. Buckle up, get comfy, but the circus is in town for its final run. Ambient music as you read can be found here or here, take your pick. Get popcorn. Get snacks and water and a blanket.

Are you sitting comfortably?

Wednesday 22nd May

7.12am

Household favourite and queen of our hearts Pippa Crerar of the Guardian (her who did the investigative journalism that revealed PartyGate to the world) reports that UK inflation fell to a mere, paltry 2.3% in April.  The lowest level in three years!  Huzzah! But … still smaller than the decline that was expected. 

Nonetheless, Rishi Sunak and Jeremy Cunt whoops I'm so sorry I meant Cunt haha whoops said it again make a big fuss about how brilliant this news is, and how it shows that they are Good At Maffs after all that trouble with Liz Truss and Kwasi Kwarteng, who defined themselves as being Good At Maffs and then obliterated the economy in a single day.  Remember that! Good times. But hey, look, THIS PM/Grand Vizier combo are great at this! Inflation has fallen! Stop looking at the predicted rate! A fall is still a fall!

Crerar wonders whether people will actually feel better off, though – prices and mortgage rates are still high, after all. Food for thought.

10.04am

Jeremy Hunt is asked on the Today programme whether Sunak will call a general election.

Now, the logic here is that the government is likely to do better in an election if the economy’s improving; which, SunakCunt are now shrieking from the rooftops. So, is now the time? It's a win, and they've had so few of those, but historically people really do like to fall for the right wing = better economy myth... 

BUT – the Tories are doing so very badly in the polls.  Journalists favour the idea of an autumn election.  Tories do better when the weather’s bad, because fewer people go out and vote.

 “Well that’s a matter for the prime minister, it’s not a matter for me,” says Cunt. 

... Well.  Not ruling it out, then? Diddorol.

10.30am

It's Wednesday, aka the date that Tory cabinet ministers have their weekly meeting. They are duly sent the agenda.

There is no mention at all of an election announcement, nor any plan for an election.

Fair enough! 'Twas an idle thought. Plus, it would actually be bad timing from a logistical perspective - David Cameron, Foreign Secretary and Bae of Pigs, is currently flying out to Albania for an important international meeting, and Jeremy Cunt is on TV all day today - ITV next.

12.18pm

Sunak is asked at Prime Minister’s Questions whether he’ll call a general election.  He doesn’t rule it out.

12.56pm

Fun tweet alert!

2.31pm

Pippa Crerar asked Sunak’s press secretary whether he was calling an election.  She refused to comment.

Surely it’s a terrible time to call an election! Everyone hates them!  But suddenly …

A Cabinet meeting is scheduled for 4.15pm.  David Hameron suddenly u-turns in Albania and comes straight back home, his meeting un-met.  Jeremy Cunt cancels his ITV appearance.  The afternoon meeting is cancelled. Number 10 stops responding to journalists.  Manifesto work has stepped up.  Sunak’s chief-of-staff is spotted wearing a suit and tie WHICH IS UNUSUAL.  Senior ministers have spent the last few days doubling down on dividing lines.  And Tory bosses had a meeting this week to discuss how much money they could spend before a summer election.

The UK press sense blood in the water.

3pm

Okay.

There’s something you need to understand:

People suspect Rishi Sunak doesn’t actually want to live in the UK.  He’d prefer to be in California.  He’s here because he’s an MP.

You need to know this to understand this truly historic incident.

Nadine Dorries has produced a good tweet.

...

...

...

No, we all need to sit with this one for a minute

(For the record... to us, that is an excellent joke. But I strongly suspect she wasn't joking and was trying to make a catty accusation instead, which coincidentally appeared like a roast.

Scientists are referring to this as Stopped Clock Syndrome.)

5.17pm

With great dignity, Rishi Sunak stands outside Number 10 and announces a general election on 4 July.

And by “great dignity”, I mean he’s soaked by rain, while “Things Can Only Get Better” plays in the background courtesy of an anti-Tory protestor with a big speaker and a dream; the song adopted by he Labour Party for the 1997 election, where Tony Blair famously won a landslide victory after 18 years of Tory rule. Eventually, the volume of it is raised so high Sunak is, on more than one level, drowned out.

5.37pm

According to Gabriel Pogrund of the Times, Labour can’t believe Number 10 allowed this to happen.

One Labour insider texts: “Umbrellas are woke”

6.06pm

Good tweet alert!

8pm

A later Guardian article reports that Sunak greeted around a hundred Tory activists – still wearing the same rain-soaked trousers from the announcement.

No word at all on why he doesn't have aides capable of fetching him dry trousers. Perhaps those, too, are woke.

8.14pm

A Sky News reporter is at Sunak’s campaign launch.  But, bafflingly, he’s forcibly removed.  Extraordinary scenes

Elanor's Pro Tip: Removing a journalist may not be the best PR move for the start of an election trail.

8.27pm

9.36pm

A GBNews reporter claims that some Tory MPs are trying desperately to replace Sunak as leader in order to call off the general election.  For this to work, they’d need a vote of no confidence before the dissolution of parliament on Thursday 30 May.  Except actually, that would have to happen before the proroguing of parliament on Friday 24 May.

So … this won’t work.  But how very incredible - and hilarious - that they’re trying.

10.39pm

Let's take a look at the evening headlines!

A great start to Sunak’s campaign, with newspapers - including the Tory giant The Telegraph - celebrating the triumphant launch of his campaign:

Well! WHAT a day! Let's see how Thursday goes.

Thursday 23 May

8.00am

The BBC takes a moment to gleefully throw off the shackles of political oppression of the last 12 years to reveal that Rishi Sunak's announcement of a July election, the single most important announcement for a sitting government, the most sensitive and vitally-timed event in their calendar...

Was a total surprise to the rest of the party.

Tory party MPs found out when we did that they were about to have to campaign again. For a snap GE. Three weeks after having just done it for the council elections, in which they experienced the greatest single loss of their councillors in history. Even the damn meeting agenda was fake.

Still. Perhaps this explains the lack of umbrella or trousers.

9.09am

Nigel Farage confirms he will NOT stand at the general election. 

*pause for applause*

That’s because he’s helping Trump get re-elected in the US right now.

*pause for screams*

This is good news for the Tories!  And the rest of Britain, actually (commiserations to America. Please shoot him). Farage’s right-wing populist party - Reform UK - is the spiritual successor to UKIP and the Brexit Party, who’ve been splitting the right-wing vote for years.  Farage is popular; it’s bad news for Reform if he’s not part of their campaign, but simply fantastic news for those of us who think queer folks, women and people of colour deserve human rights.

9.19am

According to BBC News and others, Sunak has hired Isaac Levido, the election strategist behind the Tories’ landslide win in 2019.  Levido knows his stuff, and advised Sunak to stick with an autumn election.

Sunak ignored this advice.  Lol.

9.20am

In the Guardian, Sunak says there WON’T be planes of immigrants flying to Rwanda before the general election.  Good news for those of us who think it’s monstrous to deport immigrants to countries with unsafe governments.  Bad news for Tory voters who were hoping to get racists to vote for them.

Now, this is particularly funny, because promising to deport refugees to Rwanda in spite of overwhelming legal opposition on human rights grounds is probably the single hill that the Tories have chosen to commit genocide on. This bill has been in and out of every court in the land since they promised it in 2019. It's been on again off again more than a tawdry tabloid romance. But, they finally managed to push it through, and the first planes were set to fly in July.

This means! That Sunak's strongest cards going into the election were the drop in inflation, and the Rwanda bill. He could sell it as "In spite of those bleeding heart liberals, we persevered and managed to tenaciously get rid of these browns and thus fulfilled our promise", and the fact that it won't actually affect the immigration numbers wouldn't be clear until after the election. And make no mistake, it is VITAL that those planes fly before any election - quoth one influential Conservative MP on the right of the party to the BBC:

“I know what question you’re going to ask us again and again. "You’ll say we’ve been banging on about Rwanda for years and we’ve only managed to fly one migrant out there - and we paid him to go”.

It took a single day for that gamble to dramatically fail.

Lol. Lmao, even. One might almost say rofl.

9.21am

Sunak is emphasising his own role in managing the economy.

The Guardian’s Rowena Mason points out that it might be better to sell this as a Tory victory rather than a Sunak victory, considering how badly Sunak’s doing as an individual in the polls.

10.45am

I'm obviously giving a lot of attention here to the funniest and most ridiculous stuff, but let’s take a moment to celebrate some genuinely brilliant journalism:

0_o

The whole article’s worth reading. It confirms that at least one more hi-vis wearer was a Tory councillor in disguise (in this case Ben Hall-Evans). Perhaps this is why they started by removing all the real journalists.

12.42pm

Sunak’s campaign takes him to a brewery in Wales!  He attempts some Bonding With The Working Man and asks the workers if they’re excited for the football.

Top tip: if you don’t realise the country you’re in hasn’t qualified for the Euros, maybe don’t even mention the subject.

6.55pm

... here is a new problem. Ish.

As mentioned, three weeks ago, England held local council elections. In that time, the Tories lost over half their councillors; an unprecedented and staggering loss in one event. We are all still bathing in the schadenfreude.

But, many of those then left the party (probably fairly, actually - monsters though Tories are, that cannot have been fun.) But, the way politics in the UK works is that when you vote, you don't vote for the party - you vote for your local representative, and then it's a numbers game as to which party gets to rule. This means, with this sudden last-minute possibly-impulsively-declared-by-one-soggy-madman election now six weeks away, those candidates all need replacing so that the Tories will have a shot at getting the numbers they need to form a majority government.

Channel 4’s Paul McNamara reports that Conservative HQ have emailed asking for candidates in almost 100 seats.  The deadline’s tight for this – and apparently, joining the lengthening list of people who weren't informed of this stupid election plan, Tory associations are livid at being left so unprepared.

Now, a lot of these seats are Labour strongholds, so you don’t necessarily need more than a token Tory candidate for them. Phew! A great relief.

But some of them are actually good Tory seats. Uh oh!  Basildon, Bury St Edmunds, Wellingborough and Rushden …  It’s a bad hit to the Tories to have so little time to find good candidates for these seats.

8.59pm

Labour launch a campaign video.  It’s long, but the message is, “Remember life before the Tories got into power?  Wasn’t it BRILLIANT?”

And to prove how great 2009 was, they’ve included a clip of David Tennant’s Dr Who saying “I don’t want to go.”

Lol.

9.57pm

Filmmaker Richard Cubitt jokily suggests he could stand as a Tory candidate, and immediately defect to Labour as soon as possible once elected.

I don’t know if the deadline’s closed, but I am now speaking to the chat. Lads: the time will never be better. Do it. Tell the Tories you'll stand for them. Immediately defect. You have the opportunity to do the funniest thing. Be the rot in the barrel. The time is now.

ANYWAY. Oh boy. Day one of campaigning was quite bad. Ah well! Onwards and upwards for Wali Heb Broli. Let's see what Friday brings.

And of course: the losses are staggering (100 candidates!), but it could be worse.

At least it's not senior MPs.

Friday 24 May

7.00am

Over 70 MPs confirm they will not be standing for re-election.

7.35am

It’ll be lovely to see this election get rid of some truly awful Tories.  But no need to wait that long!  John Redwood stands down.  I haven't mentioned him before, but let's look at his clownface eggshell.

He opposed reducing the age of consent for homosexuality in 1994 and 1999, he voted to keep Section 28 in 2003, he opposed same sex marriage, he voted to reintroduce the death penalty in 1988, 1990 and 1994, he’s argued against Greta Thunberg over the UK’s climate emissions.

Although English, he became Secretary of State for Wales in 1993, and at a Tory conference, had to mime badly to the Welsh national anthem which he hadn’t bothered learning.  In 1995, he cheated Wales out of a £100 million grant by returning it unspent to the treasury, so it could go back to England.

So, John – if by some fantastically rare chance you’re somehow reading this – it’s wonderful to see you step down.  I wish you a very warm fuck you.  And I hope the rest of your life is absolutely horrible and filled with immeasurable pain. Kisses.

7.58am

Vicky Spratt of the i newspaper announces that, with an election announced, the Renters’ Reform won’t pass.

This is a big deal, actually - this was a rare good promise in the Tories’ 2019 manifesto to protect renters by ending no-fault evictions.  A good promise!  With cross-parliamentary support, only slowed as much as it was because most Tory backbenchers are landlords and so tried to block it. But the fighting raged on, and it was finally agreed.

And now it’s broken.  Wasting months of work by stakeholders, and thus forming another election promise that would have sailed through if only the election hadn't been called for July.

8.09am

Jeremy Corbyn – remember him? Former Labour leader, who was expelled from the Labour party in 2020 – confirms he’ll be standing as an independent.  He’s continued to be a member of Labour despite being an independent MP – but standing against Labour in an election means he’ll have his membership revoked too.

9.26am

So where are we at? How do you reckon the normal Tories in the party are faring? Do you think they're positive of a win? Do you think they expect to lose?

Great Guardian article here:

Highlights - one government minister happened to bump into his equivalent opposition member, and immediately thrust his official folder towards them, saying, “You might as well have this now.”

Another Tory MP hugged a Labour colleague and cast their arm around the room.  “Good luck.  This is all yours.”

One Tory backbencher was asked if it was a good idea to call an election.  “It’s a disaster. I can’t understand it.”

Even when they’re being optimistic, the Tories seem a little glum.  One long-standing MP said: “Of course I’m going to fight it, I don’t believe in just giving up like the prime minister has obviously decided to.”

A former minister raises an interesting point.  It’s not long, after all, since the Tories suffered those major defeats at the local council elections.  That's impacted the number of candidates, of course - but, local canvassing is largely done, on all parts of the political spectrum, but activist volunteers.

That loss was three weeks ago. If you were a volunteer who just spent weeks knocking on the doors of your neighbours and community, trying to convince them to vote for the dead horse, and then lost – maybe you won’t feel like hitting the streets again so soon. Maybe you'd prefer to be able to meet your neighbours' eyes when you bump into them in the bread slicing queue at Morrisons.

Some MPs have even admitted they won’t be cancelling holiday plans to fight the election.  On top of that, there's over 70 MPs that have already confirmed they’re quitting and won’t be seeking re-election!!! Absolute scenes.

Interestingly, some anti-Sunak Tories report frustration.  They reckon they were close to calling a vote of no-confidence, in the hopes of replacing Sunak with a different leader.  No idea if this is true – and if true, whether Sunak knew it. But given the panicked speed at which it seems to have been called...

11.08am

The campaign takes Rishi Sunak to the Titanic Quarter, to be interviewed by Belfast Live.

Elanor's Pro Tip: if you’re the leader of a failing political party, maybe don’t let journalists interview you on a site named after history’s most famous sinking ship.

11.57am

How’s the campaign going, Rishi?

Oh, Rishi. Looks like someone else is not meeting anyone's eyes in the bread-slicing queue.

1.12pm

Politics UK reports that 75 Tory MPs are now standing down at the election – the same number of Tories who stood down ahead of the 1997 election.

2.49pm

Sunak’s campaign takes him on board an aeroplane.

Elanor's Pro Tip: if you’re the leader of a failing political party, maybe don’t be photographed in front of an exit sign.

7.07pm

MICHAEL GOVE ANNOUNCES HE’S STANDING DOWN AS AN MP!

I could honestly use that gif like seventeen times in this write up. You can all thank me for my restraint in choosing just one.

The 79th Tory to do so at this election – an all-time record exodus.  Hey gang, would you like to see some familiar names joining him in this?

Theresa May

Sajid Javid

Dominic Raab

Matt Hancock

Ben Wallace

Nadhim Zahawi.

It’s just … not a great sign for the party, is it? That so many prominent MPs don’t reckon it’s worth sticking around.

7.50pm

Hey, remember those parody videos of Hitler getting angry with funny subtitles?  Someone made a good Sunak one:

10.48pm

The Guardian’s Kiran Stacey reports that Sunak will retreat from the campaign trail, spending the next day at home.

Honestly... that's probably best. Let him recover from the bread excitement.

10.50pm

We round off the day with Andrea Leadsom announcing she too is standing down as an MP. Bye, bitch.

WHAT A DAY! Still, Saturday will probably be better.

Saturday 25 May

12am

New episode of Doctor Who drops! It contains Welsh faeries. I later write a post explaining this. You're all welcome. Back to the circus.

10.06am

Good tweet alert!

11.14am

Keir Starmer promises to lower the voting age from 18 to 16 if he wins the election.

2.43pm

Hey remember how David Hameron was supposed to be in Albania? And actually went there? And then had to come back because of Rishi's totally-planned-for election announcement?

The Mirror reports that David Cameron spent £60,000 of taxpayers’ money getting to Albania for that trip.  He was there for 89 minutes, before he had to come back in light of the general election announcement.

This means it cost the country £674 a minute for Cameron to be in Albania for about as long as it takes to watch The Lion King.

6.14pm

Labour and the Tories put candidates forward for 650 seats in a general election.

Of course, that's not quite all of them. The Times’ Patrick Maguire understands that Labour have only 13 candidates left to select, which is pretty good.  The Tories are missing slightly more than that. 

They need to find around 190.

(The number is rising. Chat, you know what to do.)

9.29pm

According to the Telegraph, Theresa May has said if she was still PM she would have used an umbrella to declare the election.

She probably would have, too.

10.11pm

Now then!!! Gather round boys and girls and all the rest!

Remember: the election was called based upon the following main cards in Sunak's hand:

The Rwanda bill

Inflation falling

The Renter's Reform Bill

Inflation fell, but not by as much as it should have. The Rwanda plan fell through a day later. The election itself has blocked the Renter's Reform bill.

Rishi needs a new set of promises stat, in order to shore up votes from his most important bastions of support. What can he offer?

The evening brings the answer!

At 10.11pm - note the time - in spite of having taken the day off, Sunak promises mandatory national service for every 18 year old if he wins the election.  Either a year-long army placement, or a weekend a month volunteering for a year.

Sounds like a good pledge, if you’re hoping to motivate 18-year-olds to vote against you.

10.16pm

The Financial Times’ Jim Pickard reveals that the National Citizen Service (David Cameron’s legacy project) had its funding slashed by two-thirds in a 2022 review of government youth funding - when the chancellor was Rishi Sunak.

Five minutes.  That’s how long it took a journalist to melt Sunak’s new pledge.

Still; Tories never let facts get in the way.

10.27pm

Politics UK reports that leaked documents suggest teenagers would be jailed for refusing this national service.

11.47pm

Sunak's bad ideas generator works hard, but the meme makers of the internet work harder:

Still. Sunday is a day of rest! Hopefully Sunday will be better.

Sunday 26 May

9.50am

Let’s check the Sunday tweets.

Starting to think whoever is in charge of optics for Rishi Sunak may be a Labour plant.

10.21am

Fantastic tweet alert:

I Agree With Gabby

3pm

And then... PLOT TWIST!!!

FT’s Lucy Fisher reports that Sunak’s national service pledge - including assigning up to 30,000 18-year-olds to the military - was rejected this week by one of his own defence ministers.

Defence personnel minister Andrew Murrison warned of a hit to morale, headcount and resources if “potentially unwilling national service recruits” were introduced alongside Britain’s professional armed forces.

EVEN THE ARMY DON'T WANT THIS.

6.47pm

And then:

Incredible story from Gabriel Pogrund of the Times.

St Paul’s School, if you haven't heard of it, is an expensive and famous private school in England somewhere (I forget where and don't care).  As with other private schools, they’d be subject post-election to a Labour plan to remove their VAT exemption.

Tory MP Greg Hands took matters into his own Greg hands, and messaged the school’s parents’ WhatsApp group to try and drum up anti-Labour sentiment.

I can see the logic. These are parents with money, who have chosen to send their children to a private school that often means an easy track into politics generally and the Tory party specifically. I see why he thought he was safe.

Tumblrs, he was not safe.

Parents intervened, complaining about Hands spamming the chat, and claiming his use of the chat was “inappropriate”.

One parent messaged: “Can we stop assuming everyone is a Tory in this group.  A return to more morality, less corruption and more social conscience in British politics is not something to oppose necessarily.”

Another expressed that some parents will “feel it is hard to defend private schools being vat exempt.”

Ouch. Swing and a miss, Greg Hands.

Anyway. New week, new campaigning. I am writing this on Tuesday, and so our tale is nearly at an end for now; so let's see what happened on Monday.

Monday 27 May (Yesterday)

7.40am

Britain's teenagers respond to the national service plan. I love this tweet and the video it reposts:

And here, for your viewing pleasure, is the video:

8.17am

Tory MP Steve Baker (more on him later) actually tweets a public criticism of Sunak’s national service plan.  You might be thinking "Well yes, obviously"! But no! For you see, when approaching elections, parties need to be united. Divided parties generally find it harder to win elections.

Naughty Steve.

8.41am

Foreign Office Minister Anne-Marie Trevelyan, having seen the absolute shambles of Sunak’s campaigning, wakes up this fine Monday morn and invites him to hold her beer.

Appearing on Times Radio, she’s asked whether the parents of teenagers could be prosecuted if the teens refuse to take up national service.

And she doesn’t rule it out.

NO BUT WHAT THE FUCK. WHAT ARE YOU DOING ANNE-MARIE. IS THIS YOUR FIRST DAY OUT OF THE HOUSE.

Parents are NOT prosecuted for any wrongdoing of their ADULT CHILDREN.  How do you not understand this basic legal concept. The answer to that question was “no”!  You say “no” because it makes your party more likely to be elected, and you say “no” because the answer is no.

Oh dear. What a gaffe, as the papers say. Gosh, I really hope Anne-Marie Trevelyan’s gaffe stays contained.

8.56am

The Telegraph duly reports that parents of 18-year-olds might be fined if their children refuse national service.

Anne-Marie Trevelyan’s gaffe did not stay contained.

10.55am

Looks like the Tories are unhappy that the press revealed that Sunak took a day off from campaigning.

But that’s okay, they have a new strategy!  Reported by Politico, they’ve decided to suggest that Keir Starmer is too old to be a good Prime Minister.

They called him “weary” yesterday afternoon;

Tory Party Chair Richard Holden says it’s “bizarre” for Starmer to rest at home the day before a speech (but not for Rishi to - ? You know what, never mind);

A Tory aide tells the Sun that Starmer should be dubbed “Sir Sleepy” (what a Zinger, as those conscripted into national service say);

Another Tory aide calls Starmer “Sleepy Keir” according to the FT.

Keir Starmer is 61 years old.

11.17am

Let's check Tory candidate numbers!!!

Now last we looked it was 190, but obviously, as this is possibly their most urgent priority, they've been working flat out and recruiting across the land and so they have, fair play, managed to reduce that number.

The Spectator therefore reports that the Tories have 12 days to select 160 candidates.  Would you like to see the maths?

This means, on average, they need to select one candidate every 100 minutes.  Which is slightly less time than it takes to watch Toy Story 3.

#ChatYouKnowWhatToDo

12.41pm

The FT’s Lucy Fisher reports that Tory HQ has accidentally sent out an email criticising Tory MPs for failing to campaign, and warning of financial concerns in some seats.

Cannot stress this enough: even if the Tory campaign was going really well and they were predicting a landslide their way, this would be a terrible blow.

5.02pm

The Mirror reports that Tory MP Steve Baker is on holiday in Greece.  That’s pretty irresponsible, isn’t it?  What does Baker have to say for himself?

"The Prime Minister told everyone we could go on holiday and then called a snap election. So I've chosen to do my campaign work in Greece."

… this is the greatest Tory campaign in history.

(And once again... when exactly did you decide to do this, Rishi?)

5.15pm

In an absolutely baffling move whose motives I still cannot entirely fathom, Tory MP Lucy Allan - a repugnant, malignant liar of a woman who once altered an email from a constituent so she could claim it contained a death threat against her - is suspended by the party, for telling voters in her ward to vote for Reform UK instead of the Tories.

...

...

...

...wwwhyyyyyyyyyyyyyy

6.18pm

Good tweet alert! Here's political journalist Jonn Elledge:

6.30pm

Meanwhile, a Tory chooses to contact journalist Theo Usherwood over WhatsApp, criticising the election strategist Isaac Levido:

Now this is particularly interesting, because Levido is the guy who managed to swing the last GE to BlowJo, even though Labour were riding high on Corbyn. And I don't know, maybe he is actually shit at this and all that was luck.

I just... wouldn't have said he was the reason for this one going the way it is. Necessarily.

Finally, let's finish off Monday with a last good tweet:

10.06pm

***

That's all for now, folks! Thank you for reading, enjoy the circus playing out this week!

[stepperbox]

things would certainly be easier if ERNIE deigned to give me a million pounds on the premium bonds but i don’t think I’d fundamentally change my life all that much after getting myself somewhere to live that wasn’t half a bedroom other than maybe being able to justify more short trips to see friends and having a bit of financial security

[ratetrade]

Best Mortgage Rates in Canada

We are one of the best financial comparison platforms in Canada. We are on a mission to provide the best mortgage rate by making a virtual comparison between different rates offered by various lenders and top mortgage brokers in Canada.

Visit us: https://www.ratetrade.ca