Finance & Mortgage
Santander UK Investigated for Fixing Interest Rates and Falsely Advising Clients
Housing Market Beats Expectations, Says KC Fed President
Mortgage Rates Remain Steady and Low
EDITOR'S PICKS
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Developers Apologize After Accidentially Demolishing House Where AC/DC Got Together
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US Housing Affordability Unlikely To Improve Until Prices Fall 40%, Wages Increase 70%: Expert
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Meghan Markle And Prince Harry's Montecito Mansion Now Valued At $29M
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US Housing Supply Hit Four-Year High - But Only Because Homes Are Failing To Find Buyers
100 percent financing home loans or the No-Money-Down Mortgage payments have reportedly bounced back into the market but will only be available to affluent buyers. Banks and lending institutions claim that the loans are back due to high demand and are a much safer option where wealthy investors are concerned. New Construction Increased by 6 percent Annually, says Report
In a recent report analyzed by McGraw Hill Construction, it was revealed that the number of new construction went up significantly in December 2012 after a gloomy period of the previous two months. The total rate of construction also went up by 6 percent over the year. Home Prices Rise in November, Most Since 2006
Home prices rose 5.5 percent in November compared to a year ago, according to report by the Case Shiller index released Tuesday. Bill and Hillary Clinton House Hunting in the Hamptons
Former President Bill Clinton and his wife, former Secretary of State Hillary Clinton, are looking to buy a new place in the Hamptons, according to reports. Top 5 U.S. States with Most Homes in Foreclosure
As the housing economy continues to rebound, foreclosures in the U.S. have also declined. Marketwatch compiled a list of states with homes in most foreclosure. Florida leads the list with highest percentage of foreclosing activity. Mortgage Brokers Unhappy with New CFPB Rules
In addition to the qualifying mortgage rules announced earlier in January, CFPB has announced a new set of rules and regulations for mortgage brokers and loan officers. The new rules have been highly criticized by the NAMB- The Association of Mortgage Professionals. 30-year Fixed Mortgage Rates Surge Slightly This Week
Mortgage rates remained flat last week. However, in a recent analysis by Zillow® Mortgage Marketplace, it was found that 30-year fixed mortgage rates had inched up a little after almost a year of stagnancy. US home resales fall, housing recovery still on track
U.S. home resales unexpectedly fell in December, but the drop was not large enough to suggest the recovery in the housing sector is running out of steam. Luxury Home Sellers Stick to Prices as High-End Listings Go Down in the U.S.
As the supply of Luxury Homes have declined, more number of sellers are reluctant to cut down home prices. Luxury homes remain listed on the market unclaimed for an average of 248 days throughout the country. Prices of these houses will not be lowered until supply meets the rising demand adequately. Home Prices Rise as New Sellers Join the Housing Market in UK
In a recent survey by real estate listing agency,Rightmove, it was revealed that home prices in the first weeks of January rose significantly with more number of new sellers joining the real estate trading league. The housing market is set to recover after year-long stagnancy.
