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Higher mortgage rates set to have impact on US housing market this year
Rising mortgage rates and their impact on housing affordability will be the most significant force in the property market in the United States in 2017, it is suggested. The latest quarterly survey from real estate firm Zillow and conducted by Pulsenomics asked more than 100 housing experts and economists what factors would have the greatest […] The post Higher mortgage rates set to have impact on US housing market this year appeared first on PropertyWire . Continue reading →
Rate rise fears driving remortgage surge in the UK
Home owners in the UK are increasingly looking to remortgage as they fear that interest rates are more likely to rise than they were a year ago, new research has found. There was a 14% increase in the number of remortgagers looking for lower monthly payments in December 2016, according to the analysis carried out […] The post Rate rise fears driving remortgage surge in the UK appeared first on PropertyWire . Continue reading →
Two regions set record high house prices as median values rise across New Zealand
Median house prices increased by 9.4% across New Zealand year on year in January to $490,000 with two regions recording record high values, the latest index shows. Two of 12 regions in New Zealand saw record prices with Hawke’s Bay up 16% to $366,000, and Nelson/Marlborough up 25% to $470,000, according to the figures from […] The post Two regions set record high house prices as median values rise across New Zealand appeared first on PropertyWire . Continue reading →