First-timers like multifamily houses (Reg Req’d)
When Naama Gidron and her husband, Peter Wuhrl, decided to buy their first home in Providence last year, they started out by scouring the area for a single-family house.
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Mortgage lenders court borrowers with savings (Guardian Unlimited) Wealthier Britons are combining savings in their bank accounts with their mortgages to cut the cost of monthly home loan payments, according to research by the Council of Mortgage Lenders.read
Mortgage affordability hits 16-year low (Guardian Unlimited) First-time buyers are feeling the squeeze of higher interest rates with mortgage affordability at its worst level for 16 years, figures out today showed.read more...
(AFX UK Focus) 2006-01-03 10:40 GMT: UK Q3 mortgage equity withdrawal drops to 8.3 bln stg from 10.0 bln in Q2 UPDATE (Interactive Investor) LONDON (AFX) - UK mortgage equity withdrawal fell to 8.3 bln stg in the third quarter of 2005 from a revised 10.0 bln in the second, figures from the Bank
'Miracle' house continues to grow Couple donating profits from home construction By Jimmy Ryals The Daily Reflector Sunday, October 15, 2006 They arrived three months earlier than John and Laura Lee Potter expected.Commentread more...
Mortgage Rates for Best Borrowers Rise as Bonds Slump (Update2) (Bloomberg.com) Aug. 21 (Bloomberg) -- A decline in mortgage bond prices is raising interest rates on U.S. home loans, even for borrowers least prone to default. Rates on average 30-year fixed