20% down prices out buyers, Kerry says US Senator John F. Kerry yesterday urged financial and housing leaders to reconsider a proposal that would require some home buyers to make down payments of at least 20 percent to obtain low-interest mortgages. Read more on Boston Globe
Tag Archives: down
Mortgage figures down 53% on last year
Mortgage figures down 53% on last year New figures published today show that 3,259 mortgages – were issued in the first three months of this year Read more on RTE News
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Housing starts down in county
Housing starts down in county Housing starts across the board have crashed throughout the capital region, and Strathcona County is not evading the impact. Year-over-year start statistics between March 2010 and 2011 show a large gap, with 81.2 per cent less starts occurring this year as opposed to last March.[...] Read more on Sherwood Park [...]
Gold Forecaster – If Interest Rates Rise, will Gold go Down and the Dollar Rise?
Gold Forecaster – If Interest Rates Rise, will Gold go Down and the Dollar Rise? So frequently today we rely on economically established perceptions that fail time and again, simply because the conditions in which they were established have changed. One of the economic clichés is that exchange rates will rise if interest rates rise. [...]
34% of Puget Sound Homeowners ‘Upside Down’ on Mortgages, Says Zillow.com
34% of Puget Sound Homeowners ‘Upside Down’ on Mortgages, Says Zillow.com Website says National Rate is 27% The number of residents who owe more on their mortgages than their homes are worth has taken a huge jump. According to the real estate website Zillow.com 27% of all homeowners across the country are “upside down” or [...]
Receivers step down
Receivers step down KordaMentha has taken over as receiver of Equitable Mortgages after a conflict of interest arose with Deloitte. Equitable Mortgages had around 6000 depositors and some $190 million in deposits. Approximately $178 million of these… Read more on The New Zealand Herald
Banks to be put on notice to keep interest rates down
Banks to be put on notice to keep interest rates down A social media campaign threatening to “name and shame” banks that lift interest rates may keep the lid on them, two Dubbo financial experts say. Read more on Daily Liberal
Supply surge drives down house prices
Supply surge drives down house prices The housing market intelligence agency reports that prices dropped -0.1 per cent across England and Wales, and is predicting further falls during the rest of the year. Read more on InsideHousing