Property News
How the refinancing boom could hit banks, investors
CNBC - 5 Jul 2016 17:58
Low rates will mean short-term pain for some large mortgage servicers as well as investors in mortgage-backed securities.
First time buyers in the US face higher prices, latest index shows
Property Wire - 5 Jul 2016 17:01
Entry level home values in the United States for properties popular with first time buyers have increased by 8% in the last year, twice as fast as top tier home prices, new research shows. It means that first time byers ...
Thousands of home owners with interest only mortgages have no pay off plan
Property Wire - 5 Jul 2016 14:25
Up to one in 10 home owners aged 55 and over across the UK are still paying interest only mortgages with some unsure of how they will pay off their debt. Research shows that 10% of the 1.4 million owners in this age grou...
Spanish prime property market bounces back
Property Wire - 5 Jul 2016 09:34
The prime property market in Spain has recovered strongly with buyers from Latin America and the Middle East rising, according to the latest index report. The recovery of the market mirrors the recovery of Spain’s econ...
House sales failures in UK up 9% quarter on quarter
Property Wire - 5 Jul 2016 07:34
The number of house sales failing to successfully complete in the UK increased in the second quarter of 2016, with more than one in four sales falling through. A house sale fall through rate of 29% was recorded by the la...