Most people need a mortgage to buy a house and most people need a job to get a mortgage, ergo, give people jobs and people will buy houses!
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Under the programme, private money was used to fund building schemes which NHS trusts then paid back over time - similar to a mortgage on a house.
Once they have repaid that, today's twentysomethings will have to save up a far larger deposit for their first mortgage to buy a house that costs many times their income.
"If you liken it to a household account, that's not a bad mortgage to house value ratio, " Mr Kershaw added.
The entire firm came around to believing the great mortgage bubble was a house of cards ready to collapse, based on delinquencies, no-doc loans, fraud, and more.
Especially since mortgage application to buy a house have sunk back to a 15 year low.
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We could buy a small terraced house in a rough area of the nearest town with our mortgage capacity but we choose to wait until a house that meets our specific needs becomes available.
Use a first paycheck to explain taxes and apartment or house-hunting to explain the concept of a mortgage.
So the package is more like taking out a mortgage to rebuild your house than running up your credit-card bill.
According to the Halifax, a big mortgage lender, house prices rose by 13.6% in the year to December, the fastest increase since the late 1980s boom.
The General Lifestyle Survey found in that time the proportion owning a house with a mortgage fell from 40% to 35%.
Lenders and rating agencies are heartened by their models, which show that it would take a combination of higher interest rates and falling house prices to make a worrying number of mortgage loans go bad.
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If you are thinking of buying a house or refinancing a mortgage, there are many factors to consider.
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We have a house, we have a mortgage and are soon-to-be parents, so it's going to affect us dramatically.
Rising mortgage rates make it more difficult to afford a house, and thus may delay home prices from finding a floor.
This could be a very major burden for a graduate who's trying to get a mortgage in this era of rapidly rising house prices.
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Whether you have a house and a good mortgage, you still worry that something else is going to happen.
Some economists worry that it may be making a similar mistake now by allowing low interest rates to encourage a rapid increase in house prices and mortgage borrowing.
In the last great debt bubble in the U.S. that peaked in 1929, the average household could not afford a house and had to put down 50% and get a 5-year balloon mortgage.
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However, figures from the Council of Mortgage Lenders have suggested a sluggish start to the year in terms of mortgage activity, which could feed through to house prices later.
The Liberal Democrats last week called for the introduction of a mortgage rescue scheme, which would allow families struggling with repayments to sell all or part of their house to a housing association or private firm and then stay in the property as tenants.
When you buy a house, your mortgage is likely to be denominated in dollars.
But, if you do think that you should have gotten the mortgage from that first lender and can afford to purchase a house, Cargile suggests going elsewhere.
"If you talk to the plaintiff's attorneys, they would say, 'Well look, some of the people are complaining, but actually they've been able to continue living in the house, without paying a mortgage, for a year, '" Starnes told CNN.
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The White House backs this attempt to establish a US mortgage market that is not dependent on massive government support.
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The eviction route would make sense only if there were new buyers willing to pay more than the mortgage balance for the house. (A lot more--evictions are expensive affairs.) For the kinds of mortgages Persky is looking at, such buyers are not to be found.
The eviction route would make sense only if there were new buyers willing to pay more than the mortgage balance for the house. (A lot more evictions are expensive affairs.) For the kinds of mortgages Persky is looking at, such buyers are not to be found.
It means house buyers find it much harder to get banks to approve a mortgage.
House prices are vulnerable to a new wave of foreclosures now that mortgage modifications have been tried and largely failed.
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