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Property prices up in England and Wales, but at lowest level for February for years
Property asking prices in England and Wales increased by 2% since January to an average of £305,231 but the annual rate of growth has fallen to 2.3%, its lowest level since 2013. But overall demand in the market remains strong, according to the report from property portal Rightmove which also says that getting the price […] The post Property prices up in England and Wales, but at lowest level for February for years appeared first on PropertyWire . Continue reading →
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 →