Property price rises cool off
Property price rises have eased for the first time since March but experts say it is still too early to signal a market slowdown, despite interest-rate increases and falling investor returns.
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Is a 52-year mortgage a wise idea? (Reuters via Yahoo! UK & Ireland News) Gone are the days of the maximum 25-year mortgage; these days homeowners can repay their home loan over as much as 52 years.read more...
Setting the price to sell your home Don't worry about how the "national" real estate market is doing. The only "comparables" that matter are those in your immediate neighborhood, says Real Estate Adviser Steve McLinden.read more...
Home prices hit a record with average topping $418,000 Two months after the median price of homes sold in Anne Arundel County surpassed the $300,000 milestone, buyers have pushed forward to a new record.via
Late Mortgage Payments and Foreclosures at Record Highs (Fox News) Data from final quarter of 2006 shows more bad news for mortgage industry.read more...
Bloomington mortgage business files lawsuit, closes (The Pantagraph) BLOOMINGTON â?” A Bloomington mortgage business recently closed after filing a lawsuit that alleges previous employees wrongly went to work for competitors.read more...
One million could see their mortgage bill soar by up to a third (Evening Standard) Up to a million homeowners are facing a mortgage timebomb as the end of cut price deals sends repayments soaring by up to a third.read more...