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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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Estate agents expect UK property sales to be steady in 2017 and prices mostly unchanged

Residential property sales in the UK expected to remain steady in in the UK in 2017 and first time buyers will find it easier to get on the housing ladder, according to estate agents. After a year of political surprises and economic uncertainty almost half of estate agents, some 43%, believe that prices will stay […] The post Estate agents expect UK property sales to be steady in 2017 and prices mostly unchanged appeared first on PropertyWire . Continue reading

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