Well over a million US homeowners are months behind on payments on government-backed mortgages, raising the risk federal housing agencies will face the cost of managing a fresh flood of foreclosed...
- Fri
- Oct 4, 2013
- Updated: 1:05am
5 Jun 2013
Belfast retail worker Chantal McCarthy never thought she would have to find a new home at the age of 57, but her husband lost his job as a builder three years ago and their finances have since...
4:40AM
29 May 2013
Bank of China (Hong Kong), the city's biggest mortgage lender, has cut mortgage rates for some clients in an attempt to arrest the plunge in loan volume. Its lowest rate is the Hong Kong interbank...
2:51AM
29 May 2013
Forty-four per cent of homeowners with mortgages owed more than their properties are worth or had less than 20 per cent equity in the first quarter, the Seattle-based real estate data company said...
3:21AM
20 May 2013
Rising property values have increased our equity in our Hong Kong home. We are thinking of increasing our current home mortgage to buy a property in Britain or Canada. We are in our mid-50s and...
4:18AM
8 May 2013
The Philippines has cut borrowing costs, banned foreign funds from special deposit accounts and eased rules for outflows, striving to manage an investment influx lured by economic growth exceeding...
2:33AM
Money lender Hitachi Capital (HK) is teaming up with mortgage broker mReferral to offer home loans of up to 95 per cent of the price of a flat, with the loan capped at HK$5 million.
4:56AM
With the Hong Kong economy heavily skewed towards property investment, the suggestion to increase rates would provide a substantial source of recurrent revenue for the government, unlike stamp...
5:31AM
Home sales in Shanghai have been hit by policy measures aimed at curbing demand, not by fears of another widespread outbreak of a new strain of bird flu, property consultants said.
5:47AM
Prices rose 0.2 per cent from the previous month to an average £163,943 (HK$1.95 million), the mortgage unit of Lloyds Banking Group said. From a year earlier, values were up 0.3 per cent.
5:47AM
As part of his latest budget, Chancellor of the Exchequer George Osborne introduced Help to Buy, a combination of shared-equity loans for buyers and mortgage guarantees for lenders. The plan is...
5:44AM
The Bank of England's Funding for Lending Scheme (FLS) has helped ease credit conditions, while plans announced by the government last week to assist homebuyers will also support the market,...
6:06AM
5:09AM
In Case You Missed It
23 Sep 2013
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