August 2020

Texas Real Estate MarketThe coronavirus pandemic has taken its toll on the Texas real estate market. According to a recent report from the Texas A&M Real Estate Center, home sales in Texas fell 2.1% from April 2020 to May 2020.Fewer…

Say you borrow $ 250,000 to buy a house and take out a 30-year mortgage at 4% interest. In the formula, you would use 250,000 as the principal, 360 for the number of months, and 0.04 as the interest rate.This formula only calculates your…

Connecticut Real Estate MarketConnecticut is a hot real estate market - home values ​​have increased over the past year. Currently, the state owns some of the most expensive homes in the country. This…

New Jersey Real Estate MarketNew Jersey has one of the most expensive housing markets in the United States, with a median home value of $ 342,527, almost 38% higher than the US average (Zillow). However, median home prices vary widely…

Housing Market in PennsylvaniaPennsylvania is a sellers' market right now - house prices are going up. There are a limited number of homes listed on the market and a large number of buyers interested in owning them.According to Zillow,…

Mortgage Credit Score Calculator FAQsWhat should my credit score be to buy a house?You might be surprised at the minimum credit score to buy a house. On paper, mortgages backed by the Federal Housing Administration — otherwise known as FHA…

In addition to getting an idea of ​​how much they can borrow, mortgage calculators are often used to get an estimate of how much borrowers can expect to pay back based on the deposit they have deposited and the time they need to repay. In…

Banks have quietly tightened lending rules in recent months due to major supply and demand disruptions caused by the Covid-19 crisis. According to various reports, loan seekers who work in industries such as media, aviation and hospitality…

A portfolio loan is a kind of mortgage that a lender creates and maintains instead of offloading into the secondary mortgage market. Because a portfolio loan is kept in the lender's portfolio, or "on the books," the lender sets the…

NEW DELHI: A vulnerability in the Chinese micro-lending application, Moneed, may have exposed the personal details of millions of Indian users. The vulnerability was discovered by security researcher Anurag Sen, who…

When the COVID-19 pandemic hit Australian shores in earnest at the end of March, banks and other lenders quickly extended their assistance to customers who lost their income during the lockdowns.Key points:Financial regulator ASIC has…

Update (08/17/2020): Moneed has issued a statement saying it complies with all laws and regulations in India. Although the company did not acknowledge the data breach, it said the team took into account cybersecurity researchers'…

Buy-to-let allows Britons with the capital to invest in property, renting the houses to maintain them. Initially Britons were put off by tax changes which meant that buy-to-let was a less attractive prospect.Now that the stump duty has…

The Reserve Bank of India (RBI) is considering ad hoc restructuring of all loans, including personal loans. As long as you haven't defaulted on your loans by March 1, 2020, you can request to change your loan repayment plan. RBI has…

Long-term loans to Chinese companies and advances to small businesses have grown at the fastest rate in more than two years, indicating that Beijing's years-long efforts to redirect liquidity to the real economy have started to bear fruit.…