Analysis Topic: Housing Market Price trends
The analysis published under this topic are as follows.
Monday, July 25, 2016
Six-month Review of the UK Mortgage Market / Housing-Market / Mortgages
By: MoneyFacts
When looking back at the first half of 2016 it’s clear to see that the mortgage market has had a significant boost, resulting in some of the lowest rates on record. In fact, research from Moneyfacts.co.uk shows that, since the start of this year, average rates across all fixed mortgage terms have fallen; the average two-year fixed rate has seen the biggest reduction, falling by 0.24% since January this year.
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Thursday, July 14, 2016
US Housing Market Real Estate Mania Redux / Housing-Market / US Housing
By: Clif_Droke
Among the biggest relative strength leaders in the U.S. broad market right now are the home builders and REITs. The U.S. real estate sector is heating up and is also beginning to attract “hot money” inflows from foreign investors looking for a profitable safe haven. Real estate is building a measure of momentum not seen since before the 2008 credit crash. As such, the question as to whether a renewed property market mania is underway is a timely one and will now be addressed.
Monday, July 04, 2016
Fall in UK BTL Mortgages for First-time Landlords / Housing-Market / Buy to Let
By: MoneyFacts
Year-on-year, the number of buy-to-let (BTL) mortgages has increased, so it would be fair to assume that the availability of deals for first-time landlords has also expanded. However, research from Moneyfacts.co.uk shows that the proportion of mortgage deals for new landlords has actually shrunk to a record low.
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Sunday, July 03, 2016
UK House Prices BrExit Crash NOT Likely Despite London Property Market Weakness / Housing-Market / UK Housing
By: Nadeem_Walayat
The establishment REMAIN camp peddled the same story for the UK housing market all year, one of a collapse, crash or worse! As operation fear each month ramped up the threats of that which awaited a post Brexit Britain. The house prices crash fear mongering even emanated direct from George Osborne himself who warned: “If we leave the European Union there will be an immediate economic shock that will hit financial markets... That affects the value of people’s homes and the Treasury analysis shows that there would be a hit to the value of people’s homes by at least 10 per cent and up to 18 per cent."
Wednesday, June 29, 2016
The U.S. Housing Market Bubble Appears to Have Peaked! / Housing-Market / US Housing
By: Harry_Dent
Two weeks ago, I wrote about an upcoming New York City condominium listing for $250 million. I mention this because, as I’ve explained before, it’s always the tallest buildings and priciest condos to get hit during major downturns.
Just look at the early 1930s and mid-1970s marking peak bubbles if you don’t believe me!
Monday, June 27, 2016
UK Mortgage Cashback Deals in Decline / Housing-Market / Mortgages
By: MoneyFacts
Cash rebates were once a great way for providers to stand out in the highly competitive mortgage market. However, research from Moneyfacts.co.uk shows that these deals have begun to fall from favour, resulting in the number of available deals dropping by a staggering 280 in just one year.
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Friday, June 24, 2016
Insanity Definition on Full Display in US Mortgage Market / Housing-Market / Mortgages
By: Michael_Pento
Wells Fargo recently announced a new mortgage product they are calling “A game changer in the industry.” According to the bank, this product is purported to facilitate the dream of homeownership to more people by …wait for it... lowering the down payment and out-of-pocket costs associated with a more conventional mortgage products, while also offering more consumer friendly income and credit guidelines.
This new product that those at Wells Fargo have declared “revolutionary” is called yourFirst MortgageSM and one has to imagine it must have been developed by somebody with a severe case of amnesia and who has recently suffered from a bad concussion.
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Tuesday, June 21, 2016
UK Fixed Rate Mortgages - Move Over Banks, Mutuals Offer Borrowers Better Deals / Housing-Market / Mortgages
By: MoneyFacts
Due to bigger banks taking greater advantage of the Government’s Funding for Lending Scheme to fund their mortgage books (and still having a significant sum of cash left to use), many would assume that mortgage rates from these providers would be significantly lower than those offered by the rest of the market. However, research from Moneyfacts.co.uk has found that building societies are actually the undeniable winners when it comes to mortgage deals.
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Wednesday, June 15, 2016
This Manhattan Condo’s $250 Million Price Tag Real Could Mean US Estate Bubble Is Ready to Pop / Housing-Market / US Housing
By: Harry_Dent
I’ve been doing a lot of traveling lately. Our lease ran up at our home in Tampa many weeks ago, and my wife and I have been staying at several of our favorite spots up and down the east coast.We’re in San Juan now, but last month I got a look at this new “billionaire’s row” that’s popped up on the south side of Central Park in New York.
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Tuesday, June 07, 2016
US Housing Market - It Looks Like the Dumb Money’s at It Again / Housing-Market / US Housing
By: Harry_Dent
New home sales just went up a staggering 16.6% in April.619,000 new homes were sold – the most since early 2008 just before the worst of the housing meltdown, and the highest rate of growth in 24 years.
So is this a sign that the economy is back on track?
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Wednesday, June 01, 2016
Are Help to Buy ISAs Doomed to Face More Interest Rate Cuts? / Housing-Market / ISA's
By: MoneyFacts
Help to Buy: ISAs, which were designed to boost the saving ambitions of would-be first-time buyers, have now been on the market for over six months. However, despite the excitement of their launch, Moneyfacts.co.uk can reveal that their shine has already begun to fade thanks to rate cuts and opening restrictions. Indeed, the average rate paid has already dropped from 2.55% to 2.39% since the start of the tax year (6 April 2016).
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Tuesday, May 31, 2016
UK Mortgage Interest Rates Before and After the Help to Buy Scheme / Housing-Market / Mortgages
By: MoneyFacts
Since the introduction of the Help to Buy Mortgage Guarantee Scheme in October 2013 the market for high loan-to-value mortgages has been well and truly shaken up. Indeed, as a result of the scheme, Moneyfacts.co.uk can reveal that the number of 95% loan-to-value (LTV) mortgages has jumped from just 56 products in October 2013 to 271 today.
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Monday, May 23, 2016
U.S. Housing Market Real Estate Bubble Part II / Housing-Market / US Housing
By: Michael_Pento
It shouldn't be hard to understand that nearly 90 months of ZIRP has regenerated the equity and real estate bubbles that first pushed the global economy off a cliff back in 2007. In fact, the Fed's unprecedented foray with interest rate manipulation has caused these assets to become far more detached from underlying fundamentals than they were prior to the start of the Great Recession.
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Monday, May 23, 2016
Mind the Gap! High-LTV Mortgages Get Cheaper / Housing-Market / Mortgages
By: MoneyFacts
Heightened competition in the mortgage market has given those with smaller deposits a boost, as not only are there more deals for borrowers to choose from but there are also lower rates. In fact, Moneyfacts.co.uk can reveal that the difference in rates between the average two-year fixed mortgage at 60% and 90% loan-to-value (LTV) has reduced by 0.93% to 1.03% in just two years.
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Monday, May 09, 2016
UK Fixed Rate Mortgage Fees Hit Two-year High / Housing-Market / Mortgages
By: MoneyFacts
Mortgages have become increasingly competitive over the years, and thanks to low interest rates and Government initiatives, there are many deals on offer that will save borrowers thousands of pounds on their mortgage.
However, despite the long-running price war, the latest research by Moneyfacts.co.uk reveals that mortgage fees are now on the rise, which means borrowers should be even more diligent when working out the cost-effectiveness of a deal.
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Thursday, May 05, 2016
Barclays 100% Mortgage Pours Fuel on UK House Prices Bull Market / Housing-Market / UK Housing
By: Nadeem_Walayat
The UK mortgage providers are once more
innovating new products with old objectives, that of allowing those who cannot afford to buy their first homes, being engineered an helping hand onto the property ladder. Which is what Barclays 100% mortgage (no deposit) represents at upto 5.5X earnings. However we are not quite back to the free for all frenzy of 2007 when the credit markets were so loose that self certified mortgages were rampant and not forgetting savers who could lock in 7%+ yields! Even savvy borrowers could turn the tables on the credit card providers and rake in several thousands of pounds a year by stoozing (borrowing on 0% credit cards and saving in accounts paying as high as 7%).
Wednesday, May 04, 2016
Barclays Launches 100% Mortgage to Compete with Bank of Mum and Dad - Video / Housing-Market / Mortgages
By: Mario_Innecco
Transcript Excerpt: hi it's out Wednesday's the 4th of May 2016 I'll be talking about Barclays Bank
here in the UK they've just launched the first hundred percent mortgage since the
2008 crisis if you remember well Northern Rock collapse because you know
their lending recklessly so now Barclays Bank is doing the same thing I do have
to say though that it's not surely a hundred percent because it's also called
a guarantor mortgage which basically means that the parents of the young
couple or young person taking on that mortgage they put down 5% the mortgage
in an account with Barclays for three years to guarantee that mortgage and you
know and and the border wars they keep paying the interest and the guarantor
Wednesday, May 04, 2016
Tracker Mortgage Rates Start to Rise as Demand Falls / Housing-Market / Mortgages
By: MoneyFacts
The Bank of England base rate has now been on hold at 0.50% for seven years, so it would be fair to assume that variable rate tracker mortgages have also remained static. However, research from Moneyfacts.co.uk shows that this is not the case, with the average two-year tracker mortgage rate increasing by 0.06% since November 2015.
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Monday, May 02, 2016
US House Prices Outpacing Official Inflation Rate, Household Income / Housing-Market / US Housing
By: MISES
Ryan McMaken writes: This week, the latest numbers from the S&P/Case-Shiller index showed continued significant home price growth in most of the 20 cities within the survey. The cities with the most growth were found in the Western US and, to a lesser extent, the South:
Thursday, April 28, 2016
Game the Housing Market With a High-value Property / Housing-Market / Home Improvements
By: Submissions
Endri Hasanaj writes:
The housing market is unpredictable at the best of times, but there’s always one sure-fire way to create the perfect house – make improvements that are both practical and aesthetically pleasing.
This isn’t as easy as it sounds. Depending on the area you live in, the value of your home will hit a glass ceiling no matter how many improvements you make to it. But if you can find a happy median between potential value increases and the projected cost of additions, you’ll break a profit.