Allie Gross Detroit Free Press Published 3:40 p.m. UTC May 29, 2018 In 2016, Fritz McGirr and Shahar Ben-Josef began searching for a home in Detroit. The couple had been renting a loft in New Center while Ben-Josef, now 28, was in law school at Wayne State University. After Ben-Josef graduated and took a job in the city, the couple decided the idea of buying a home seemed more practical. So they did. "Rent prices were starting to get astronomical and we realized a mortgage would be cheaper monthly," McGirr, a musician from west Michigan, said last week while sitting in front of the yellow clapboard home the couple bought that spring in the Hubbard-Richard neighborhood of southwest Detroit. "We'd actually end with some equity," he continued, "something that you own." While McGirr said they have enjoyed their time in the quiet neighborhood just west of Corktown, behind the popular Honey Bee La Colmena, they put the house back on the … [Read more...] about Some southwest Detroiters see the downside to booming home prices
Finding the right mortgage
Ad Feature PUBLISHED: 10:19 30 April 2018 | UPDATED: 10:19 30 April 2018 Have you fixed your mortgage? Keith Hood, from Warners Financial Servicees, says this could be the best thing to do. Pic: www.gettyimages.co.uk I like being busy, so I’m pleased to report I am working harder than ever at the moment. Almost all my activity is helping clients fix their mortgage rates, so remortgages rather than home movers, says Keith Hood, from Warners Financial Services. Keith Hood, Warners Financial Services. Pic: www.edp24.co.uk Of course for those already on a fixed rate deal and tied in for the next few years, concerns about rate rises will not really have an impact on their current mortgage payments until their existing deal comes to an end, but for those who are looking to take out a new mortgage, borrow additional funds or re-mortgage at the end of their present arrangement, an upward change in interest rates means not only higher cost of borrowing but potentially reduced … [Read more...] about Have you fixed your mortgage? Why you really should.
Sarah Skidmore Sell, Ap Personal Finance Writer Updated 12:34 am, Wednesday, April 18, 2018 Photo: Tony Gutierrez, AP Image 1of/1 CaptionClose Image 1 of 1 In this April 9, 2018, photo, Rob Chilton and his wife Saria pose for a photo in their recently purchased home in Frisco, Texas. To cope with rising prices in Dallas, first-time buyers like Rob Chilton and his wife have broadened their search area, even if it lengthens their commutes to work. The couple, who cut back on dining out and other luxuries the past few years to set aside money for a down payment, bought a three-bedroom, two-bath fixer-upper for $335,000 in February. less In this April 9, 2018, photo, Rob Chilton and his wife Saria pose for a photo in their recently purchased home in Frisco, Texas. To cope with rising prices in Dallas, first-time buyers like Rob Chilton and his ... more … [Read more...] about Landing the right house in a tough market for homebuyers
Hampton Roads is among the worst areas in the nation for evictions of rental tenants.New data on court-ordered evictions lays bare this statistic: All of the region's cities in 2016 saw judges order tenants out of their homes at least three times the average national rate.The figures come from Princeton University's Eviction Lab and do not say how many people were physically evicted from their homes, only how many went through the courts.But they do show that landlords asked courts to issue eviction orders for between a third and a fifth of the region's renting households, depending on the city. In roughly a third of those cases, the courts ordered tenants out. Large cities are defined to have a population greater than 100,000. Mid-size cities are between 20,000 and 99,999. Source: The Eviction Lab Built by Will Houp | The Virginian-Pilot Why the rates are so high in Hampton Roads is harder to pin down.Those with an eye on the problem point to several possible factors. … [Read more...] about Why eviction rates in Hampton Roads are among the worst in the United States
0 Comments Poll: Was the Good Friday Agreement a success or failure? BelfastTelegraph.co.uk We asked our online readers to reveal if they would vote differently now. Here are some of your responses. https://www.belfasttelegraph.co.uk/news/good-friday-agreement/poll-was-the-good-friday-agreement-a-success-or-failure-36793003.html https://www.belfasttelegraph.co.uk/opinion/news-analysis/article36656206.ece/e768c/AUTOCROP/h342/2018-03-01_opi_38948744_I1.JPG Email We asked our online readers to reveal if they would vote differently now. Here are some of your responses. Walton Dallton (68), Belfast In 1998 voted: For Vwote same way again? Yes Why? I don’t ever want to go back into the past, it was horrible. One had to live through it to know it. Gerard Trainor (60), Belfast In 1998, voted: for Vote same way again? yes Why? I think back to what it was like before — endless funerals, riots, shootings and bombings, plastic bullets, British Army and RUC harassment. The … [Read more...] about Poll: Was the Good Friday Agreement a success or failure?