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Property News for 14 April 2023
Today's homebuyers have their mortgage rate tipping point, and it's artificially low
CNBC - 14 Apr 2023 17:59
The majority of potential homebuyers say they won't accept a 30-year fixed mortgage rate over 5.5%, according to a new survey. The current rate is around 6.4%.
Fears mount that Europe's commercial real estate sector could be the next to blow
CNBC - 14 Apr 2023 11:45
Concerns are mounting around the health of Europe's commercial real estate market, with some investors questioning whether it could be the next sector to blow.
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