Real Estate


Pensioner homeowners have mortgage-free property worth £760billion

Retired homeowners have a total property wealth owned outright of £756.7billion, new figures show.

New mortgage rules slam door on cooling housing market

Existing home sales dropped 1.3% in June from the month before and were down 4.4% from the year before, suggesting that Canada’s housing market was already cooling before Ottawa tightened mortgage rules.

Banks step up loan recovery by auctioning mortgaged property

HYDERABAD, JUNE 4: Think twice before defaulting on your home/property loan. You might simply lose your asset.

French mortgage rates close to historic lows

French mortgage rates are approaching historic lows at a time when currency exchange makes its more affordable for overseas buyers, according to loan experts.

Property prices and lending down in the UK

RAY CLANCY Property Community 03.02.2011
Jobless Homeowners May Soon Get A "Time Out" From Mortgage Payments

New mortgage policies in the works to help homeowners prevent foreclosures and possibly refinance, but fees for new mortgages are about to go up. NY1's Real Estate reporter Jill Urban filed the following report.

Property prices and lending down in the UK

Residential property prices in the UK have fallen five times in seven months as the latest figures from the Nationwide show they decreased by 0.1% in January. Lending to buyers is also down; to the lowest levels since Bank of England records began.

Mortgage approvals dip as demand for property weakens

Larry Elliott The Guardian 30.09.2010
UAE mortgages surge Dh20b in seven months

Official statistics released today by the Central Bank of the UAE show that despite a slowdown in the country’s property market, mortgages extended by banks in the country increased by Dh19.7bn in the first seven months of 2010.

Mortgage approvals dip as demand for property weakens

Fresh signs of a slowdown in the UK economy surfaced today with news of a drop in mortgage approvals, weak consumer credit and a decline in output from the service sector. Data from the Bank of England showed approvals for new home loans dipped to their lowest level in six months in August.

US real estate foreclosures fall marginally but mortgage delinquencies increase to bring more gloom

As financial experts warn that falling property prices in the US could affect economic output and create a double dip recession there is more mixed news for the country’s real estate sector.

Bulgarian Hotels Up for Sale over Unpaid Mortgage Debts

Unpaid mortgage has forced the sale of a hotel at the coastal complex Chaika, near the town of Varna, and its owners are looking for buyers, who will fork out a whopping BGN 2.5 M.

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