User: sandman1965 Topic: real estate
Category: Home Loans
Last updated: Apr 25 2015 12:53 IST RSS 2.0
 
1 to 20 of 5,710    
Buy-to-let looks tempting as rates tumble 25.4.2015 The Guardian -- Front Page
Should you be thinking about putting your pension savings into property?

Buy-to-let mortgage rates are tumbling – which is great news for older people thinking about spending some of their newly liberated pension pot on an investment property, but less so for struggling first-time buyers competing with landlords for a home.

Data issued this week by Moneyfacts revealed there has been a dramatic rise in the number of buy-to-let mortgage deals available, and an equally dramatic fall in rates.

Continue reading...
Also found in: [+]
HDFC too offers cheaper loans to women 24.4.2015 TOI: India Business
The country’s largest housing finance company has cut lending rates for women borrowers by five basis points to 8.85% from 8.9% earlier. Following the current rate cut the top three home finance providers in the country – State Bank of India and ICICI Bank are providing identical rates.
Also found in: [+]
HDFC cuts home loan rates for women to match rivals' offerings 23.4.2015 Rediff: Business
HDFC on Thursday offered home loans to women borrowers at 9.85 per cent.
Also found in: [+]
HDFC cuts home loan rates for women to match rivals SBI, ICICI offerings 23.4.2015 ET: Banking
The product, christened 'Women Power', offers the differentiated rate of interest for women borrowers, as against 9.90 percent charged for other borrowers, HDFC said.
Also found in: [+]
Credit Suisse says struck security deal with "Flash Crash" suspect 23.4.2015 Sify Finance
By Lionel Laurent
Also found in: [+]
Arsène Wenger, the Martyr of Islington 21.4.2015 The Guardian -- Front Page
Judgments on Arsène Wenger say far more about the judges than they do about him – about our comfort with the idea that sport, or football, or life itself, can be worth our while even if it doesn’t end in victory In November, things were going badly at Arsenal: they’d conceded three times in the last 30 minutes to draw at home against Champions League minnows Anderlecht, lost away to Swansea after leading, and lost at home to a Manchester United side that had exactly two shots on target to Arsenal’s nine. It wasn’t at all exceptional, and to some Arsenal supporters that was precisely the problem: for the past decade Arsène Wenger’s side has been among Europe’s best footballers and among its worst ...
Also found in: [+]
Chinese banks disobey order to support housing market 21.4.2015 Sify Finance
By Koh Gui Qing and Clark Li
Also found in: [+]
China's banks foil support measures for housing market 21.4.2015 Sify Finance
By Koh Gui Qing and Clark Li
Also found in: [+]
Property market looking up? Not before 2016, says Fitch 20.4.2015 Rediff: Business
Fitch on Monday said the likely upturn in the country's investment climate and reduction in interest rates will improve the property market by the end of March 2016.
Also found in: [+]
Fitch says property market revival to help developers 20.4.2015 DNA: Opinion
Global rating agency Fitch today said the likely upturn in the country's investment climate and reduction in interest rates will improve the property market by the end of March 2016 and provide relief to the debt-ridden developers. "The property development sector (will) be a key beneficiary of reductions in housing loan interest rates by several domestic banks in April 2015," the agency said, adding that they would also boost credit growth. Besides, the Reserve Bank has reduced the key policy rate by 0.50% since January, prompting commercial banks to cut interest rates for home loan and other borrowers. "We expect property developers with a greater exposure to the middle and lower income segments to benefit more from lower domestic interest rates," it said, adding that developers with a greater mix of high-income customers, such as Lodha Developers and Indiabulls, will be less impacted because their customers are less sensitive to market interest rates. Both the companies, it said, would meaningfully ...
Also found in: [+]
April house price average at all-time high of more than £286,000 20.4.2015 The Guardian -- Front Page

Rightmove says dearth of sellers and surge in buyers has led to record average prices across the UK and especially in London

A lack of sellers and a huge surge in the number of people looking to buy a home has pushed the average asking price of homes coming on to the market in April up to an all-time high of just over £286,000, according to the country’s biggest property website.

The report from Rightmove further highlights Britain’s housing crisis and comes in the wake of a series of announcements by party leaders that have made property a key election theme.

Continue reading...
Also found in: [+]
Home loan sellers see credit bulge 20.4.2015 Telegraph: Business
Rating agency Icra has estimated a 20-22 per cent growth in housing credit in 2015-16, driven by the government's focus on affordable housing and favourable regulations.
Also found in: [+]
Tory long-term economic plan? Not even the propaganda is working 19.4.2015 The Guardian -- Front Page

The Conservative party’s only plan is short-term and designed to win the election, but its myths are a ticking timebomb waiting to explode

The Tories think they have two trump cards to play in the election. One is Ed Miliband’s suitability to become prime minister. The other is the economy.

They have consistently had a lead in opinion polls on economic competence and David Cameron has sought to exploit that lead by contrasting the “good life” he can deliver with the “coalition of chaos” that would follow a Labour win.

Related: Mr Osborne’s Economic Experiment: Austerity 1945-51 and 2010- review – an elegant demolition of the chancellor’s policies

Continue reading...
Also found in: [+]
A few surprises in your home loan agreement 19.4.2015 Rediff: Business
Collateralisation of other loans and prior approval for additional leverage are things to watch out for
Also found in: [+]
Why the right to buy council homes is all wrong 18.4.2015 The Guardian -- Front Page
Proposals to revive the right-to-buy scheme piles even more pressure on the country’s dwindling supply of social housing

There is a council flat in a posh part of London where the buyer has exercised his (or her, we don’t know the name) right to buy. The price? The agent who arranged the sale said it was worth around £1.1m. We don’t know the final price paid but it was supported by a £100,000 giveaway by the taxpayer.

The agent was from Righttobuy.coop, one of the country’s biggest brokers for council house sell-offs and responsible for about a fifth of the market. But is this the sort of taxpayer giveaway the government should be indulging at a time when the waiting list for social housing is more than 3 million people?

Continue reading...
Also found in: [+]
HSBC launches first sub-2% five-year fixed mortgage 18.4.2015 The Guardian -- Front Page

The bank could be starting a price war with its 1.99% deal – but a deposit of 40% is required

One of the country’s biggest lenders has launched the latest salvo in what could become a new mortgage price war by releasing the first ever five-year fixed-rate home loan with an interest rate below 2%.

Related: Mortgage lending dips 16% in February

Related: Ignore the ‘experts’ and split your mortgage two ways

Continue reading...
Also found in: [+]
Home loan rates in single digits. How does this affect you? Join the discussion 16.4.2015 CNN-IBN: Business
Giving a boost to affordable housing, the Reserve Bank of India in March eased the norms for home loans for up to Rs 10 lakh by allowing banks to include stamp duty and registration charges to the cost of a unit. The RBI also cut the repo rate by 25 basis points from 7.75 per cent to 7.5 per cent making home loans cheaper.
Also found in: [+]
Non-bank finance firms score on home loans 16.4.2015 Rediff: Business
NBFCs are allowed to include registration, stamp duty
Also found in: [+]
I’m proud to live in a nation where we can paint red stripes on our homes 15.4.2015 The Guardian -- Front Page
Decorating a £15m Kensington townhouse in red and white stripes is an act of creative freedom, but this neighbourhood spat is a luxury most can’t afford Americans are well-known for their dislike of taxation without representation. And, as JK Galbraith pointed out, they also don’t like taxation with representation very much either. Yet they allow themselves to be fleeced regularly by their insurance companies. In the same way, they feel themselves to be the land of the free, yet regularly sign up to the most tyrannical housing codes ever ...
Also found in: [+]
India Infoline Housing Finance cuts home loan rate by 0.25 per cent 15.4.2015 ET: Finance / Insurance
India Infoline Housing Finance expects home loan interest rate cut to benefit affordable housing segment borrowers, it said in a release.
Also found in: [+]
1 to 20 of 5,710