Use Low Rate Mortgage to Maximize Home Purchase, Says Informa Research Services
Thursday, March 17th, 2011According to recent reports, mortgage rates have fallen for the first time in over a month. After jumping significantly a few weeks ago, they have now retreated back to record low levels, which could benefit first time home buyers and others who are in the market to purchase.
Sales of new homes rocketed up 27 percent in March
Thursday, March 17th, 2011Sales of newly built homes shot up 27 percent in March — the largest monthly gain in nearly five decades — as mild weather and a lucrative tax credit pumped up demand for homes in all four regions of the country, according to federal data released Friday.
Mortgage Fraud Rises For Fifth Consecutive Year
Thursday, March 17th, 2011Mortgage fraud increased in the U.S. for the fifth consecutive year, according to the Appraisal Institute. The institute, an organization of 25,000 real estate appraisers, reported a 7% increase in fraud reports from 2008 to 2009. The increase was sizable but much smaller than the 20%-plus jumps the market saw each year from 2005 to [...]
UK housing market then and now
Thursday, March 17th, 2011In April, the year-on-year increase in house prices returned to double figures for the first time since June 2007, the Nationwide Building Society has said.
Hung Parliament Means Fix Mortgage Rate Now!
Wednesday, March 16th, 2011Despite a small recovery in the housing market over the months prior to the general election, many industry experts are warning of a sharp halt to this as a result of a hung Parliament.
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