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How do mortgage overpayments work? Is it worth it, is it better to overpay mortgage monthly or in lump sum
Source: National World --- The Bank of England raised interest rates once again on Thursday (2 February). Its base rate now sits at a fresh 14 year high of 4% - 0.5 percentage points higher than the level it was set at in December 2022. Designed to bring down...
Mortgage rate buydowns: How Horry Co. builders are keeping prices up & buyers coming
Source: ABC 15 News --- HORRY COUNTY, S.C. (WPDE) — Not even the cold weather can cool down the housing market in Horry County, as home builders are finding creative ways to keep prices stable while also giving buyers more power. Mortgage rate buydowns are the latest...
Victims across Ontario losing their homes in mortgage scam
Source: Bradford Today --- A veteran police detective addresses an elderly woman on the front steps of her Collingwood home. He’s holding a cashed cheque for $140,000, money he already knew she had been scammed out of. “I’m Detective Sergeant Jason Lloyd with the...
Frozen pipes: What not to do — and how to prevent them entirely
Source: Fox News --- When the temperature drops, homeowners need to be on the lookout for something they might not be able to actually see: a frozen pipe. Once a frozen pipe in a home is discovered, it's important to act fast to safely thaw the pipe. Ice expands as...
The New Real Estate Game: A Future-Ready Framework For CRE Investment
Source: Forbes --- Investors who want to compete in the new real estate game are approaching business with a new framework—one that gives them speed, foresight and agility. Nearly every week we read about institutional investors like Brookfield, Starwood or Blackstone...
AFP money-laundering bust highlights Australia’s gaping real estate vulnerability
Source: ABC News --- As financial sector lobby groups frequently note, the banking industry is highly regulated. There's an A-focused alphabet soup of regulators to satisfy – ASIC, APRA, ACCC, AUSTRAC – oversight bodies like AFCA and BCCC, and then pesky journalists...
