 Is it true that estate agents wait until a friday ...? |
before giving you the keys to your house?
What day did you get the keys for your home?... |
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 How do i look up?...........help? |
| How do I look up what propery or building used to be on the land where I live at now? I want to find out because I think my apartment is haunted. Does anyone know of any websites where I can look up ... |
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 Can anyone suggest a good company to refinance with? |
| Has anyone ever heard of Refinance.com or refinanced with them?... |
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 What adds value to a house? |
Please help i can't decide!
What adds more value to a house-:
Having 2 reception rooms (1 lounge, 1 dining room)
OR
1 lounge and a big kitchen, diner
My house has ... |
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 Does having a pitbull next door make your house harder to sell? |
We don't have a fence between our yards. The dog is in a large fenced cage.
Additional Details
Pitbulls are not banned in MI. We are not allowed to put up a fence.... |
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 Buying a House - Making a low-ball offer to a "DESPERATE" seller... Advice??? |
| Found a 12 yr old 3,200 sqft house we want to buy that needs some work. It has been moved 200 yards to make way for a new development. Its structurally sound but needs new kitchen countertops (... |
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 What rights do tenants have if a house they're renting is taken over by the bank (landlord not paying mrtg)? |
| We found out a week ago that our landlord wasn't paying mortgage on a house he leased us, and it's up for foreclosure, some huge company took it over, and are evicting us, giving us $500 to ... |
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 In a financial nightmare, mortgage? |
Help!
We live in flordia and now owe more than the home is worth. we purchase the home 3 and a half years ago for 225k. we got into one of those ARM/intrest only gigs. well the first three ... |
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| Should me and my common law girlfriend buy a house together?? |
| I have been living with my girlfriend for the last 5 years and we are looking at purchasing a new home....TOGETHER... is this a good idea...or should we wait till we get married... not really in a ... |
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 Can my landlord deduct £570 from my deposit? Is it legal? Can I dispute it? |
I have recently vacated a flat that we looked after impeccably. The landlord claims to have found a small stain on a mattress that he describes as the size of a finger nail.
He is now ... |
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 The owner of the house !! HELP !!? |
The owner of the house I live in told me that in 3-4 weeks I'm going to have to move out !
She put her house For Sale on November of last year, but in the area we live it's very ... |
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 If my home went into foreclosure, how could I protect my bank account savings in order to start a new life? |
| I have heard that creating a living trust might not protect me nor my assetts, particularly if I'm a beneficiary to trust designee, and the one that created the trust. I have 2 kids that I could ... |
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 Getting a Mortgage with credit card debt? |
| My credit score is about 605. I have several credit cards with balances near the limits (about $45k), but no other credit problems. My wife's credit score is about 640, with little debt, but ... |
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 I have 2 houses? One is primary and second is a weekend home about 50 miles away. I want to refinance primary |
| The problem is that I am over 80% LTV on my primary residence. Can I do a FHA loan? I am currently at 90%LTV. Is this the best thing to do? Anyone have any other suggestions? Even with PMI on a FHA ... |
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 I'm trying to sell my house. Other than obvious stuff is there anything I can do to make my house sell faster? |
| I need my house to sell between now and Jan 1. What can I do in my house to make it look better to buyers/stand out? I own a small two bedroom house and I don't have tons of cash to give away as ... |
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 First-time home buyer? |
| I'm a first time home buyer with excellent credit. I have some credit card debt that I would like to like to roll into my mortgage as this would help me with cash flow. I'm planning on ... |
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 I dont know what a tracker mortgage is? |
Can some one please explain to me in lay mans terms the different ways of paying back a mortgage ie:
What is a fixed rate Mortgage
What is a tracker Mortgage
What is a Flexible M... |
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Tim | If the bank of England raise the interest rate do house prices usually come down? |
I'm hoping to buy a house this year and the Bank of England have just added another 0.25% to the ineterest rates. How does this effect house prices? |
 |
 
Jason F
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Generally, it depends on how much they go up by. I would guess that this latest 1/4% rise won't cause house prices to come down, but it may slow down house price inflation. What we in the City are all asking ourselves is, because this seems to be a pre-emptive move by the MPC, will they go up again in the next few months. This may cause people to think again over taking out a large mortgage and, if the rate does go up by another 1/4% within the next quarter, I think we could see prices begin to fall. |
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insanitys18
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the price of the house will NOT DECREASE, from an economic point of view, the extra cost from the increase in interest will be passed down to the consumer. To answer ur question, no the house prices doesn come down, instead it s more likely than it will go up. |
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?
 |
The rate going up might slow down the price increase,but i doubt it with the lack of housing in the market and the ease of mortgage borrowing. |
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Justin H
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If interest rates go up, less people are likely to buy houses. Less people buying houses would tend to cause sellers to lower their asking price in hopes of selling their house. It's basic economics. Now, I wouldn't expect a .25% change in the interest rate to have any dramatic effect on things. |
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James M
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NOPE, they go up!...RPI (Retail Price Index) is linked with intrest rates, and if interest rates go up, RPI goes up, and RPI includes mortgages for houses etc...so sellers see this and increase price...THis is for the UK! |
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Sir Sidney Snot
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That might slow it down but not make them go down |
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gvih2g2
 |
It should at least slow down house price inflation.
However, there's not a simple relationship. If prices start to fall, we may see a crash (30-40% falls) - or it may just be a blip, and they'll start going up again. |
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voodoobluesman
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I don't think it'll stop things too much. It may slow the amount of increase, but remember most of the rapid increases werehappening when rates were actually higher than they are now! |
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Not Ecky Boy
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no the rate of house price INCREASES slows down, that's all.
Don't try to predict what house prices will do. It's wasted effort and greater brains than ours have failed to predict house prices.
Just don't buy something you really can't afford, and you'll be all right. |
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carolynsherratt
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When house prices fell last time there were a number of reasons for it. Now mortgage lenders keep devising and offering new ways for people to get on the property ladder e.g. 50 year mortgages or a group of friends buying, then there is still a market for houses, and the prices won't come down. |
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deadman
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It will affect the rate of interest on the money people borrow. So credit card bills get more expensive and mortgage payments go up. it will only bring house prices down if people can no longer afford the mortgages to buy them. People will have to reduce prices in order to sell them. If this happens it is likely to be relatively short term as history shows that house prices will always go up considerably every 5-7 years. |
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glenn k
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There is no DIRECT correlation between the interest rate (cost of borrowing ) and house prices. House prices are affected by various factors which ultimately boil down to supply and demand. That said when the cost of borrowing increases people generally either have less disposable income (more is going to service existing debt) and or do not borrow as much. However mortgage provider will tinker with the earnings / borrowing ratio and develop new products to encourage custom.
In conclusion, an increase in the base rate may have an impact (slow down house price increase) but this is only one of many factors affecting prices - the closure of a local school for example could have a far greater impact in a specefic area.
So there you have it - clear as mud !! |
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