CrossCountry Mortgage Helps First-Time Homebuyers with Down Payment Assistance Program

CrossCountry Mortgage Helps First-Time Homebuyers with Down Payment Assistance Program

CrossCountry Mortgage (CCM), the mortgage lender, announced that it is helping make homeownership more affordable in traditionally underserved communities by offer down payment assistance to aspiring first-time homebuyers. The program claims to provide borrowers up to $3,000 that can be used for a down payment and/or closing cost assistance. The new Freddie Mac BorrowSmart Access … Read more

The Impact of Inflation on the Housing Market: A Painful New Reality

The Impact of Inflation on the Housing Market: A Painful New Reality

The COVID-19 pandemic has shaken up the global economy in ways that were previously unimaginable. One of the most affected sectors has been the property market, which is now facing a reckoning in Britain. Many experts believe that the house price plunge has only just begun, and that the consequences of the pandemic will be … Read more

Report Finds Majority of Consumers Missing Out on Savings by Not Switching Banks

Report Finds Majority of Consumers Missing Out on Savings by Not Switching Banks

As technology continues to advance, customers are presented with more options than ever before when it comes to banking services. However, a new report from the Economic and Social Research Institute (ESRI) has found that the majority of bank customers in Ireland are losing money by not switching to more beneficial accounts or services. In … Read more

Is a Reverse Mortgage the Perfect Solution for Self-Employed Retirement? | Blog Businesses

Is a Reverse Mortgage the Perfect Solution for Self-Employed Retirement? | Blog Businesses

Workers autonomous continue to receive a worse pension than salaried workers who have quoted in the general scheme. Although this reality will be corrected little by little in the future, as the listing conditions of one and the other become more equal. In 2022, pensioners who came from self-employed activities received an average of 835 … Read more

A sobering tale is revealed by mortgage data.

A sobering tale is revealed by mortgage data.

The housing market has always been an integral part of the economy, and for many, the dream of homeownership remains a significant milestone. With so much focus on the escalating prices of homes in recent times, the affordability and accessibility of mortgages have become a topic of discussion. However, the latest data from mortgage lenders … Read more

By 2022, Spain will become the third European country with the highest number of mortgage novations and subrogations, accounting for 35%.

By 2022, Spain will become the third European country with the highest number of mortgage novations and subrogations, accounting for 35%.

35% of the mortgages in force in our country underwent changes during the year 2022, eight points above the data registered in 2021 (27%). Only in Ireland (44%) and Slovenia (42%) were more novations or subrogationsaccording to data published by the European Central Bank (ECB) and the European Mortgage Federation (EMF), and collected by the … Read more

Due to the rise of the Euribor, one-third of apartments in Burgos are fully paid for in ‘tocateja’ style.

Due to the rise of the Euribor, one-third of apartments in Burgos are fully paid for in ‘tocateja’ style.

It is a procedure, at first glance, unusual and surprising. However, it is much more common than it seems as the data shows. The acquisition of a home in cash, that is, without the need for a mortgage, is a reality that accompanies one in three real estate operations in the province of Burgos. If … Read more

All Spanish Mortgage Holders Can Rejoice as Esteemed Economist Reveals Positive Development

All Spanish Mortgage Holders Can Rejoice as Esteemed Economist Reveals Positive Development

After months of bad news for those who have variable mortgages in Spain due to the continued rise in interest rates and the Euribor, an index that most experts placed at 4% throughout 2023, the shock in the markets caused by the intervention of the American Silicon Valley Bank last Friday could change the forecasts. … Read more