second-home

China to Apply Tighter Second Mortgage Rules to Non-Residents

June 7 (Bloomberg) — China will apply its tighter second- home mortgage policies to loan applicants who fail to provide proof of at least one year of local social security contributions or tax payments, the government said.

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China to Apply Tighter Second Mortgage Rules to Non-Residents

second-home

Jersey City officer accused of lying to bank to get mortgage, FBI says (The Record and Herald News)

The FBI arrested a Jersey City police officer Wednesday on charges that he lied to a bank in order to score a $530,000 mortgage for a second home, federal authorities said.

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Jersey City officer accused of lying to bank to get mortgage, FBI says (The Record and Herald News)

second-home

Mortgage Rates Decline; Current 30-Year Fixed Rate Is 4.76% (RISMedia Real Estate News)

RISMEDIA, March 11, 2010—The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 4.76%, down four basis points from 4.80% compared to this same time last week. The 30-year fixed mortgage rate fluctuated between 4.76 and 4.82 during the…

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Mortgage Rates Decline; Current 30-Year Fixed Rate Is 4.76% (RISMedia Real Estate News)

second-home

Prime real estate in Morocco offers a solid investment (Mena Report)

According to leading international agent Knight Frank, luxury and prime property in Morocco, particularly in the cosmopolitan city of Marrakech, is in high demand from discerning professional investors and second home owners from around the globe, who are seeking a relatively lower-risk real estate investment in a country less affected by the recession than others like the UK and USA.

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Prime real estate in Morocco offers a solid investment (Mena Report)

second-home

China tightens rules for second home mortgage (People’s Daily)

China will take measures to curb the rapidly increasing housing prices, including introducing a strict mortgage loans policy for second homes, said Jiang Weixin, minister for Housing and Urban-Rural Development. It is understood that “family” is strictly identified as the unit for the second home standard. It is the first time the Ministry has clearly outlined its policy on second homes, making …

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China tightens rules for second home mortgage (People’s Daily)

second-home

Realty Q&A: No federal mortgage help for second-home owners (Market Watch)

Are there any new laws going into effect that would allow someone with a second home to refinance or adjust the mortgage?

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Realty Q&A: No federal mortgage help for second-home owners (Market Watch)

second-home

Mortgage rates gone wild (Bankrate.com via Yahoo! Finance)

With mortgage rates suddenly skyrocketing, what should potential homebuyers do?

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Mortgage rates gone wild (Bankrate.com via Yahoo! Finance)