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Research reveals few home owners really understand mortgage rates

Just one in four home owners in the UK with a mortgage understand how cuts to the Bank of England’s base rate could affect their mortgage payments, according to new research. In August the Bank of England made the first adjustment to the rate in over seven years, cutting it from 0.5% to 0.25% and […] The post Research reveals few home owners really understand mortgage rates appeared first on PropertyWire . Continue reading

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High rents, prices and mortgage rates denting property market confidence in US

The majority of households believes now is a good time to buy a home but confidence has retreated by a considerable amount amongst renters, according to the latest survey from the National Association of Realtors. Some 57% of renters said now is a good time to buy, down from 60% in September and 68% a […] The post High rents, prices and mortgage rates denting property market confidence in US appeared first on PropertyWire . Continue reading

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House price growth in Scotland outperforming the rest of Britain

House prices in Scotland are growing faster than in England and Wales and in October increased at their strongest rate since March 2015, the latest index data shows. Prices increased by 1.5% month on month, taking the price of an average property to £172,561 and are now 2.9% higher than a year ago, according to […] The post House price growth in Scotland outperforming the rest of Britain appeared first on PropertyWire . Continue reading

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