A new survey by Bankrate.com has found that almost half of renters haven’t looked into buying a home because they believe they won’t qualify for a mortgage, but that isn’t always true, the company says.
Interest rates strongly affect the housing market as most real estate is purchased through borrowed money. The cost of borrowing money through mortgages is directly tied to interest rates.
HSBC, who is the biggest lender in Europe, will no longer be providing mortgages to some Chinese nationals looking to buy real estate in the United States. This change in policy comes as China tries to stem the amount of money leaving the country. According to the article in businesstimes.com, the new policy is already […]
If you are considering buying a property, whether residential or commercial, you have to always exert due diligence.
Although interest rates have been at record lows for the last several years, a vast number of borrowers are yet to take action by refinancing their mortgages to enjoy cheaper monthly rates, CNBC News reports.
Most people buy a home as an investment in their future, and owning a home could end up potentially costing you more than renting would. It’s best to think of your new home as an asset you are paying into.
Cap rates in the fourth quarter of 2015 for the single tenant net lease retail sector remained unchanged from the previous quarter at their historic low rate of 6.25%.
Democratic presidential candidate Bernie Sanders has weighed in on the Federal Open Market Committee’s decision to increase the federal funds rate for the first time since June 2006, strongly criticizing the move.