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,…
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Should You Get a No Money Down Mortgage?
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…
The State of the Mortgage Industry in 2017
Knowing mortgage rate trends and tracking accurate mortgage interest rate forecasts are important to the home buyer, seller and lender. Being on “the right side of the market” can enhance the profitability of a home sale and mortgage loan — or the affordability of a new mortgage or refinance. But because of its complexity, understanding…
Key Players in a Mortgage Process
That huge stack of paperwork you’ll face when you sign on all the dotted lines for a home loan is the result of a lot of work by a whole team of real estate professionals. We can’t list them all, but here are some of the many players in the mortgage process. Naturally, it all…