News
Real Estate News
New property consultancy for luxury Southern Spain market
May 24, 2012
A new property consultancy has launched to cater for people buying and selling luxury property in southern Spain.
Real Estate News
UK mortgage activity up 16% year on year, index shows
May 23, 2012
Mortgage activity remains comparatively strong in the UK despite the contracting economy and rate hikes from lenders, according to latest National Mortgage Index from the Mortgage Advice Bureau (MAB).
Real Estate News
UK builder offers to pay stamp duty for first time buyers
May 22, 2012
A leading UK builder is offering to pay the stamp duty of buyers who missed out when the government's stamp duty holiday came to an end last month at a number of its developments in the Midlands.
Real Estate News
UK housing starts down 15% compared with a year ago, data shows
May 22, 2012
The UK government is busy promoting the idea of self building and introducing new measures to inject momentum in the new homes market but the latest statistics shows that house building starts fell in England in the first quarter of the year.
Real Estate News
Eurozone crisis will mean higher mortgages in the UK, Bank of England warns
May 17, 2012
Millions of home owners in the UK are facing sharp rises in mortgage rates as a result of the chaos in the Eurozone, according to the Bank of England.
Real Estate News
Development land prices in London were flat in first quarter of 2012
May 17, 2012
Development land prices in prime central London took a breather in the first three months of the year, while prices in the rest of the UK also remained stable, the latest Knight Frank report shows.
Real Estate News
Stamp duty changes push up UK mortgage activity
May 16, 2012
As expected, the end of the stamp duty concession led to a surge in activity in the mortgage market in the UK March, according to new data released today (Wednesday 16 May) by the Council of Mortgage Lenders.
Real Estate News
New York School Budget Votes Could Send Tax Revolt Clue, Weigh Cuomo Popularity
May 15, 2012
New York’s suburban and upstate voters Tuesday are determining the future of their property tax rates and could also weigh on the standing of Democratic Gov. Andrew Cuomo.
Commentaries
moreAt least in one region of the county at dinner parties, it's the question that's on the lips of prospective home buyers: will home mortgage interest rates fall more? The average fixed rate for a 30-year mortgage for borrowers with good credit has declined to 3.92 percent,.
Incredibly, U.S. home mortgage rates continue to trend lower -- the average 30-year, fixed rate is now 4.07 percent, and they could drop even lower. Still, given soft home prices, jumping into the housing market is hardly a slam-dunk no-brainer, and here are five factors to consider before buying a home.
U.S. mortgage rates are falling to 50-year lows, even as existing home sales remains soft, with both stemming from uncertainty regarding the outlook for the U.S. economy. In this uncertain time, what should prospective home buyers do? Here are five tips that will help you make an informed home purchase decision.