House Price News - the credit crunch crash. Javascript must be enabled to use this site.


 

Mortgages: Mortgages - Shopping for Loans Online
New York Times, 12 May 2012

Experts suggest that would-be borrowers begin the process by reading the fine print of each site they choose to work with.
Real estate roundup: What's holding up the Five Points Waffle House?
11 May 2012

For all you people with a greasy breakfast fetish ? and you know who you are ? the Five Points South Waffle House is on the way. It?s been on the burner for a while, but the Waffle House slated for the old Johnny Rockets space near the fountain is scheduled to open after a June or July build out, according to property owner Leesa Warren. Apparently, Waffle House keeps its state projects on a rotating schedule, and Five Points has been behind a few other areas. You can read more about that...
Troy Aikman's house priced at $14M after reported land sale
11 May 2012

Troy Aikman's house ? which was previously priced at $24 million ? is now priced at just $14 million after Aikman reportedly sold off a parcel of land occupied by his sport court and cabana on the property in Highland Park. The Dallas Morning News is reporting that Aikman sold that portion of the property for an undisclosed sum this week. Aikman's real estate agent Allie Beth Allman was out of town Friday, and the brokerage said they were unable to confirm the sale. The 10,000-square-foot...
Mortgage rates at an all-time low
11 May 2012

Long-term mortgage rates followed bond yields lower this week, with the average rate on a 30-year fixed-rate mortgage falling to a new all-time low of 3.83 percent. That average for the week ending May 10 was down from 3.84 percent the previous week, according to Freddie Mac (OTC BB:FMCC). Thirty-year mortgages have stayed below 4 percent every week but one since Dec. 8. The average rate on a 15-year fixed-rate loan fell to 3.05 percent this week, down from 3.07 percent the previous week. One-year...
More global news stories...
 BankRateMovementMove DateNext Decision  
 Bank of England0.50%0.00%12 Jan '12 09 Feb '12 Graph (see below) | Official Release 
 Federal Reserve Bank of New York0.25%0.00%14 Dec '10 26 Jan '11 Graph (see below) | Official Release 
 European Central Bank1.00%0.00%13 Jan '11 10 Feb '11 Graph (see below) | Official Release 

Bank of England Historical Base Rates

Click the graph link next to a bank in the list above to change this graph.



With the US housing market experiencing a slow down and the US subprime mortgage market in crisis, there is increasing concern over the vulnerability of the economies of other countries where there has been a boom in house prices over the past decade.
This site exists to provide information and discussion related to the housing market.


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