We guess that the fact that young people are not interested in buying a home at once these days has been a big contribution to the fact that the housing industry has never truly recovered from the Great recession. This means that while the interest rates are still quite high right now, the percentage of new mortgages got lower… While it may fall in line with the kind of a wanderlust psychology that the…
Homeownership Now As Low as in 1965 Read More »
In a world where the mortgage payment’s interest gets as high as it can be, the refinancing is… Have interest rates fallen? Do you expect them to go up? Has your credit score improved enough so that you might be eligible for a lower-rate mortgage? Would you like to switch into a different type of mortgage? The answers to these questions will influence your decision to refinance your mortgage.
Americans Ask for More Refinancings This Year Than the Last Year Read More »
Estate agent Foxtons saw profits drop dramatically by 42 per cent in the first half of the year on the back of sharp downturn in the London housing market. The house seller blamed the EU Brexit decision for the slowdown, which it said will last until at least the end of the year. London-based Foxtons, known for its coffee shop-style branches and fleet of green and yellow Mini’s, has opened…
The UK’s Mortgage Market After the Brexit Read More »
Buying a home is probably the largest purchase you’ll make in your lifetime. And choosing the right type of mortgage loan is one of the most important decisions you’ll make in the homebuying process. With so many different options out there, it can be hard to find an affordable home loan that meets your financial goals. Start by asking yourself “How much house can I afford?” After taking inventory of…
Should You Get a No Money Down Mortgage? Read More »