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Africa Mortgage Rates News is an EIN News Service for real estate professionals. Constantly updated news and information about Africa Real Estate.
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  • Saturday's Letters: Getting tied in knots by Northern Rock's red tape 21 Nov 2009 06:59 GMT
    ... though his name was still on the mortgage, wanted nothing to do with the mortgage ... months. It was then rejected because my property is in negative equity and they required ... Horse, whereby a guerrilla force managed to infiltrate what was to them the enemy. I wonder how ...

  • "Consumer Attitudes to Online savings", new research from Datamonitor 21 Nov 2009 16:34 GMT
    ... the causes of these shifts and identifies strategies that can be employed by S&I providers to ... Barclays 11 UK: Barclays introduces a new mortgage deal along with a reduction in the ... Rock unveils a range of mortgages for residential purchase customers 16 RBS 17 UK: NatWest ...

  • Home loans remain elusive 20 Nov 2009 10:20 GMT
    ... African banks have raised the number of residential property mortgage bonds that they are prepared to issue ... debt servicing and other costs such as rates and protecting the property from illegal occupation are eroding ...

  • Time for agents to cut commissions 20 Nov 2009 09:20 GMT
    ... Forget about interest rates. Insist on slashing fees. It'll be good ... commissions will help inject fuel into the real estate market South Africa's new Reserve Bank governor, ... means banks are willing to grant higher mortgages for property deals - a development that ...

  • Uranium and Gold Exploration Spending Both Down in Last Year 20 Nov 2009 06:13 GMT
    ... (collateral and the tax base) will not generate sufficient income to service the debt. It's ... deficits; greater delinquencies in residential and commercial real estate and greater fall in home and commercial ... institutions on residential and commercial real estate mortgages, and in credit cards, auto loans and ...

  • Mitchells & Butlers, DSG International 20 Nov 2009 13:15 GMT
    ... unemployment and the return of the VAT rate to 17.5%. Currys and PC World owner ... (19:00) Initial Jobless Claims (US) (13:30) MBA Mortgage Applications (US) (12:00) New Homes Sales (US) ... Global MENA Financial Assets Ltd., ING Global Real Estate Securities, Invesco English & International Trust, JPMorgan ...

  • Economic Snapshot for November 2009 20 Nov 2009 14:53 GMT
    ... Gross domestic product grew at an annual rate of 3.5% in the third quarter of 2009, the ... stimulus legislation helped to increase consumer spending, home purchases, and federal government spending in the ... third quarter of 2006. One in seven mortgages is delinquent or in foreclosure. The share ...

  • Doug Casey on Real Estate 19 Nov 2009 17:56 GMT
    ... to start with. If you had a mortgage, you usually put at least 20% down, ... money down, lasting 30 years, and floating rates, there’s But there’s another reason. The bottom ... the amount of mortgage debt, is that real estate taxes are completely out of control in ...

  • Tue: Real estate leads TASE higher 17 Nov 2009 16:16 GMT
    ... borne out. In Israel, the Mishkan Hapoalim Mortgage Bank Home Buyers Index fell by 0.8% ... long-term Galil CPI-linked bonds was unchanged. The corporate bond benchmark Tel-Bond 20 Index was unchanged. ... ) led the Tel Aviv 25 and Real Estate 15 indices upwards with a 9.6% gain ...

  • Real Estate News: Housing Double Dip, Landmark Investors Stumble 19 Nov 2009 19:17 GMT
    ... Real Estate News compiles a daily wrap-up from each ... supply hitting the market that is still saturated with foreclosures. But that is cold comfort ... that is cold comfort to builders. : Mortgage restructuring for strapped homeowners has emerged as ...

  • Mortgage trends in SA 17 Nov 2009 06:50 GMT
    ... to know whether there will be another rate-cut or not. The groupies, however, are atypical. Not ... normal homeowners paying off their prime-rate linked mortgage bonds. Never before has mortgage bond finance ... 2008 to May 2009. The study included residential full and sectional title properties in the ...

  • With a capital of EGP 150 million: Sakan Finance to enter the Mortgage market in December 15 Nov 2009 15:50 GMT
    ... After becoming the first mortgage finance company to obtain a license from ... wake of the recent financial crisis, the real estate market has become more clearly defined, said ... increase of players in the market and accelerated growth rates, the market is ready to ...

  • Short Sale Basics; Global Mortgage Standards; FHA Streamlines; Lots of Investor News 19 Nov 2009 16:00 GMT
    ... institutions are in the business of owning real estate (despite Fannie's D4L program).In a foreclosure, servicers ... is the timeframe within which a new mortgage loan can be taken out: two years ... December 11. "These updates will modify the Rate Spread rules in Form 11 and Form ...

  • Transfer a home from a company or trust tax-free 15 Nov 2009 18:53 GMT
    ... or trust tax-free If you put a residential property into a company or a trust ... of the initial proposals was supposed to operate from January next year, has been extended. It will ... trust and the trust has raised a mortgage bond to finance the property and pays ...

  • EuroMarket Thursday: Property stocks, broader markets slide 19 Nov 2009 18:40 GMT
    ... Nov. 19. The FTSE EPRA NAREIT UK real estate index dropped 2.53% to 1,153 and the ... to up development it is ready to accelerate the pace of development, encouraged by signs ... Also in the U.K., the Council of Mortgage Lenders said Nov. 19 that October gross ...


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