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Price rises brings more US home owners out of negative equity but still a drag on the market

There are fewer home owners in the United States underwater on their mortgages, but more than half of those who remain underwater owe at least 20% more than their homes are worth. The depth of negative equity alone will ensure that negative equity will continue to be a drag on the housing market even after […] The post Price rises brings more US home owners out of negative equity but still a drag on the market appeared first on PropertyWire . Continue reading

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First time buyers still struggle to save a home deposit

Young first time buyers in the UK are increasingly having to rely in the support of their grandparents to help finance a deposit for their first home, new research has found. Overall over the past five years there has been a large shift towards turning to family for help in order to get a foot […] The post First time buyers still struggle to save a home deposit appeared first on PropertyWire . Continue reading

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More choice added to mortgage deals for UK home borrowers

People in the UK looking for a new mortgage now have even more choice with a number of lenders launching new rates and products. The TSB has reduced interest rates by 0.10% on selected mortgages for home movers, first time buyers and remortgage borrowers. These include five year fixed rates and two year fixed rates […] The post More choice added to mortgage deals for UK home borrowers appeared first on PropertyWire . Continue reading

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