‘Mortgages & Property’ Category

Does the Drop in Housing Prices Mean It’s Time to Buy?

Posted in General, Money Saving, Mortgages & Property on Friday, September 3rd, 2010 at 09:07 by Jessica Haynes.

Nationwide Building Society reports that housing prices dropped by 0.09% during the month of August 2010. This decrease follows a drop of 0.05% the previous month. As would be expected, this has created a situation where prospective buyers have a wider selection of properties to choose from. Could this mean the time has finally arrived for you to consider becoming homeowner?

Time for a Fixed Rate Mortgage?

Posted in General, Money Saving, Mortgages & Property on Wednesday, September 1st, 2010 at 11:11 by Jessica Haynes.

With speculation that interest rates on different types of loans, including mortgages, will increase over the next year, now may be the right time to think about refinancing your current mortgage. Here are a couple of things to keep in mind as you determine if this is a good option for your household.

Revisiting the Issue of a Fixed Rate Mortgage

Posted in General, Money Saving, Mortgages & Property on Wednesday, August 25th, 2010 at 09:52 by Jessica Haynes.

With some sources claiming that the trend of inflation is likely to increase mortgage rates significantly in the next couple of years, now may be a good time to take a second look at refinancing your existing mortgage. Here are a few things to keep in mind as you consider making a change.

Is It Time to Refinance That Variable Mortgage Rate?

Posted in General, Money Saving, Mortgages & Property on Friday, August 20th, 2010 at 11:54 by Martyn Shaw.

The real estate market had some good news recently. According to statistics released by the Council of Mortgage Lenders, lending for July 2010 was up five percent over the previous month. While still below levels for the same period in 2009, that increase is encouraging.

Why You Should Buy a Home Now

Posted in General, Money Saving, Mortgages & Property on Tuesday, July 27th, 2010 at 10:18 by Martyn Shaw.

Word that house prices dropped slightly in recent months is slowly spreading through the ranks of prospective homeowners. While some are understandably leery of this phenomenon, and some of the mortgage deals on the market today designed to encourage people to buy new homes, there are a few reasons why you should go ahead and make the commitment. Here are a few of those reasons.

Managing Finances during a Life Crisis

Posted in Credit Cards, General, Money Saving, Mortgages & Property on Monday, July 19th, 2010 at 11:37 by Jessica Haynes.

While maintaining a balanced budget is difficult in the best of time, keeping a firm grip on finances during some sort of life crisis is especially challenging. The death of a loved one, the loss of a job, or going through a divorce all have the ability to derail a budget and plunge a household into a financial state that can take years to recover from.

Should You Refinance Your Mortgage?

Posted in General, Money Saving, Mortgages & Property on Friday, July 16th, 2010 at 10:44 by Jessica Haynes.

There’s a lot of talk today about the wisdom of refinancing an existing mortgage. Proponents say that now is the time before all the really good deals fade away. Opponents note that some of the offerings on the market today may appear to be worthy of consideration, but contain provisions that could leave the homeowner in worse shape that before. If refinancing has been on your mind, ask yourself a couple of questions

Why You Need a Will

Posted in General, Mortgages & Property on Tuesday, July 13th, 2010 at 11:07 by Jessica Haynes.

Death is not something many of us like to think about too closely. For many, it is something that will happen a long time from now, so why dwell on it today? The fact is that death can take place at any time, owing to an accident or unanticipated illness as easily as old age. This means even young people need to make provisions for what will become of whatever assets they currently own.

Posted in General, Money Saving, Mortgages & Property on Monday, July 12th, 2010 at 10:46 by Jessica Haynes.

It’s no secret that the rates on fixed mortgages are currently decreasing at a steady pace.  This has led some homeowners to wonder if refinancing an existing mortgage now would be a good idea.  In some instances, a remortgage does make sense, but for others the benefits may be outweighed by potential drawbacks.
The first step [...]

Sell Now Before House Prices Drop

Posted in General, Mortgages & Property on Friday, July 9th, 2010 at 10:24 by Martyn Shaw.

With some anticipation that house prices will continue to decrease through the remainder of this year and well into 2011, people who want to sell their homes at the best price may want to move quickly. Already, modest decreases in real estate prices are occurring, and the trend is expected to escalate as summer becomes autumn. If you do want to sell now and get the best price possible, it is important to take a few basic measures to attract buyers.