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The Influence Of Politics And Policy In The Real Estate Market
Source: Forbes --- When we talk about things that can have a big impact on the real estate market, politics is an important one. A friendly political climate for real estate can make a market grow while an unfriendly one can weaken a market. But what kinds of things...
First five-year fixed mortgage under 4% since mini-budget launched by HSBC
Source: The Guardian --- Five-year fixed-rate mortgages priced at below 4% are back on sale for the first time since just after the disastrous autumn mini-budget. HSBC has repriced its range and introduced a new five-year fix at 3.99% for customers remortgaging who...
Mortgage Rates Hit 2 Week Lows
Source: Mortgage News Daily --- Thursday brought the much-anticipated policy announcement from the European Central Bank (ECB). While our focus remains on mortgage rates in an entirely different continent, major goings on in European markets almost always have an...
Can renters still become homeowners? This senator says it’s tough to see how they ‘will ever catch up’
Source: Marketwatch --- Tenants are caught between too-high rents and too-high homeownership costs, depriving them of the American Dream. That was the bleak picture lawmakers and housing experts painted of America’s renters at a congressional hearing Thursday. The...
Housing market chills as mortgage rates, prices scare buyers
Source: AP News --- NEW YORK (AP) — Kyle Tomcak was looking for a home for his in-laws in the suburbs around Denver, something priced close to $450,000. Tomcak became dispirited as he lost out to investors fronting cash offers $100,000 over the asking price. Then...
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