May 1, 2024
Property

Hong Kong, mainland Chinese buyers are eyeing Australian property again, fast-tracking home ownership for their children

Hong Kong and mainland Chinese buyers are snapping up property in Australia in a big way again, spending cash accumulated during the past two years to give their children a helping hand in home ownership. More are expected as international travels rebound, agents said. Plus Agency, which specialises in investors from Hong Kong and mainland

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Loans

Taking a second home loan? Consider these aspects

home loan, Property, financial plans, Loans  Investing in a piece of property is an important financial decision and considering a second home loan demands careful analysis. The prospect of owning a second home may seem attractive but there are several important factors to consider before taking this step. Investing in home for the second time

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Mortgage

Mortgage rates inch higher, but home-buying demand is growing

Published: Jan. 11, 2024 at 12:26 p.m. ET Mortgage rates rose slightly in the latest week, but that didn’t deter home buyers. The 30-year fixed-rate mortgage rose and averaged 6.66% as of January 11, according to data released by Freddie Mac FMCC on Thursday.  It’s up 4 basis points from the previous week — one

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Property

PM promises to set up taskforce to look at real estate proposals

The eight proposals are as follows: 1. Changing the criteria for government’s measure that reduces property transfer and mortgage fees to 1% and 0.01%, respectively, to cover property priced 5-7 million baht (from currently not over 3 million baht). Alternately, the measure should be applied to the first 3-million baht of a property priced at

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Loans

CT Landlords obtained $50M in fraudulent mortgage loans

A New York man was fined more than $1 million and another has been imprisoned for orchestrating an elaborate fraud they used to acquire $50 million in mortgage loans and build an extensive residential real estate portfolio across Hartford. Federal prosecutors said the “sheer volume of false documents and material misrepresentations’’ concocted to deceive lenders

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Property

From floods and coastal erosion to the new owner who spent £500,000 on repairs, the Mail visited every multi-million-pound property raffled so far… and found the vast majority of winners have sold up

Perched high on the steep, wooded slopes of the Teign Valley, the picturesque village of Hennock is said to offer some of the most breathtaking views in all of Devon. Here in this tranquil little spot, life centres around the church of St Mary the Virgin — parts of which date back to the Middle

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Property

Property price rally is ending

In a recent analysis, Alpha Finance reported that the average annual rate of price growth in 2023-2025 will be just 3%. As the company’s relevant analysis states, this is a forecast supported by both the Euro Banking Association and the European Central Bank. Banks and real estate market operators are predicting a mild decrease in home

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Property

Consilium launches North America property division

Consilium launches North America property division | Insurance Business America Property Consilium launches North America property division Industry veteran to lead London-based team Consilium, the global specialty (re)insurance broking arm of the Aventum Group, has announced the launch of a North America property division. The division will be led by Jack Anderson (pictured above), who

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Finance

Chinese Finance Giant Zhongzhi Files For Bankruptcy: Court

Chinese asset management giant Zhongzhi Enterprise Group has filed for bankruptcy and was unable to pay its debts, a Beijing court said on Friday. The development comes weeks after police opened an investigation into the group after the debt-ridden financial behemoth declared itself insolvent. According to a statement published by a Beijing court on WeChat,

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Property

House Speaker says property assessments will be topic of discussion

Missouri House Speaker: Jackson County property tax assessments will be a topic during legislative session Updated: 9:54 PM CST Jan 3, 2024 The Jackson County property assessments will be on the radar during the 2024 legislative session in the Show Me State. Missouri House of Representatives Dean Plocher said people should not be taxed out

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