remortgages
Historic low rates encouraging more UK home owners to remortgage
Two thirds of remortgagors in the UK plan to remortgage again in the next four years, spurred on by record low rates, new research has found. Some 46% change their mortgage product to suit circumstances, two year fixed rates are falling in popularity while five year fixes grow as rates fall and borrowers seek stability. […] The post Historic low rates encouraging more UK home owners to remortgage appeared first on PropertyWire . Continue reading →
UK sees first time buyer mortgages rise as buy to let slows
Home owners in the UK borrowed £12.2 billion for house purchases in August, up 14% month on month and 11% year on year, according to the latest data. They took out 66,000 loans, up 13% on July and 9% on August 2015, the figures from the Council of Mortgage Lenders (CML) show as house purchase […] The post UK sees first time buyer mortgages rise as buy to let slows appeared first on PropertyWire . Continue reading →
US city property prices seeing steady rises and upward trend set to continue
Home prices have continued to increase in key cities across the United States over the last 12 months with a rise of 5.1% in July, up from 5% the previous month. Portland, Seattle, and Denver recorded the highest year on year gains in the S&P Corelogic Case-Shiller 20 city composite. Prices were up 12.4% in […] The post US city property prices seeing steady rises and upward trend set to continue appeared first on PropertyWire . Continue reading →