A HOMEOWNER said he has been stuck with $180,000 left to pay on his mortgage despite his older age. David Turoff, 73, explained why he had no regrets about retiring with a mountain of debt. David Turoff said he was stuck with $180,000 in debt as he retired but explained why he had no regrets
Capital cities are expected to outshine regional areas this year, offering buyers promising investment potential. It comes after buyers flocked to the regions during the pandemic, pushing up property prices. Canstar’s annual Rising Stars Report, powered by Hotspotting, has examined a series of forward-looking indicators to provide insight into the markets primed for price growth
If you’re thinking of buying a home, there’s no day like today to make the move, says Barbara Corcoran. The rate on the benchmark 30-year fixed mortgage declined slightly to 6.79% last week, well below October’s peak of 7.79%, according to Freddie Mac. For homebuyers, the prospect of waiting for lower borrowing cost might seem
Ireland is home to hundreds of US companies but the rising cost of property is proving to be a complication for business. ADVERTISEMENT Housing is seen as the main obstacle for US companies operating in Ireland, according to the American Chambers of Commerce and as reported by Ireland’s public service broadcaster RTE. Specifically, 98% of
by Calculated Risk on 2/06/2024 08:58:00 AM Today, in the Real Estate Newsletter: ICE (Black Knight) Mortgage Monitor: “Positive Signs in Housing, Mortgage Markets” Brief excerpt: There have been very few low credit score mortgage originations. During the housing bubble, many of the low credit score loans were made through the private-labeled securities market. •
With Britain expecting a general election later this year, the ruling Conservatives and Labour opposition are drawing up rival plans to help a key demographic: aspiring homeowners. An affordability crisis linked to decades of underinvestment in new homes — plus years of rock-bottom interest rates that pushed up property values — have piled pressure on
More than 10,000 homeowners are at risk of becoming mortgage prisoners as a negative equity “time bomb” looms, new information suggests. The number of houses purchased with a loan worth 95pc or more of the value of the property doubled last year, according to figures released under a Freedom of Information request. These homes are most