interest only
Latest index shows 24% of housing markets in US counties are less affordable
A quarter of county housing markets in the United States were less affordable than their historic averages in the third quarter of 2016, up from 22% in the previous quarter, the latest data shows. This was also an increase of 19% year on year and the highest since the third quarter of 2009 when 47% […] The post Latest index shows 24% of housing markets in US counties are less affordable appeared first on PropertyWire . Continue reading →
Interest only mortgage loans in UK could be facing multi billion pound shortfall
Home owners in the UK are facing a £6.1 billion mortgage repayment shortfall in the next decade with 27% of those with interest only loans not able to pay it back, new research suggests. More than a million interest-only mortgages will mature over the next 10 years but more than a quarter of households won’t […] The post Interest only mortgage loans in UK could be facing multi billion pound shortfall appeared first on PropertyWire . Continue reading →