New London Real Estate News

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  • Things to know before submitting a backup offer

    6 min ago | via Examiner.com 

    Did your real estate agent just introduce you to home buying backup offers? You may find the perfect home for yourself but there is another buyer in line ahead of you. You may be feeling a little desperate to save this home for yourself and that is when your agent tells you about submitting a back-up offer.

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    Related Topix: Real Estate, Home Buying, Home, Home Listing

  • Bernanke's New Blog: Why are interest rates so low?

    1 hr ago | via Mortgage News Daily 

    Bottom Right Default State Name: State Name underscore: State Name dash: State Name lower underscore: State Name lower dash: State Name lower: State Abbreviation: State Abbreviation Lower: It is a continuously updated stream of news from around the web Visit throughout the day for the latest breaking news. Interest rates around the world, both short-term and long-term, are exceptionally low these days.

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    Related Topix: Financial Markets, Travel, Germany Travel, Europe Travel, Housing, Real Estate, Home, Mortgage

  • Smyrna Condo Market off to Strong Start in 2015

    15 min ago | via SmyrnaVinings.com 

    Smyrna Vinings condo and townhome buyers weren't letting the unusually long winter weather bother them. In January and February, the Smyrna Vinings townhome and condo market sales surged to new records.

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    Related Topix: Housing

  • China seeks to boost property market

    40 min ago | via The Peninsula 

    Shanghai--China's central bank on Monday lowered minimum downpayment levels on second homes nationwide, scrapping a key policy originally aimed at controlling housing prices as it seeks to boost the economy The People's Bank of China , the central bank, said the minimum deposit for individuals buying additional housing would be set at 40 percent, according to a statement on its website The announcement rolls back a four-year-old policy first introduced to try to cool the then red-hot property market as rocketing prices put homes out of the reach of many, raising worries over social unrest The move comes as China's growth falters, leading to widespread expectations that policymakers will have to boost the world's second-largest economy through further monetary loosening China's gross domestic product grew 7.4 percent last year, the slowest in nearly a quarter of a century The central bank ... (more)

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    Related Topix: China, Shanghai, China, World News, Housing

  • Morning Scan: Mortgage Foreclosure Cases May Soon En...

    41 min ago | via American Banker 

    Wall Street Journal In a review of former Sen. Barney Frank's new autobiography, "Frank: A Life in Politics From the Great Society to Same-Sex Marriage," the Wall Street Journal recounts what former House Speaker Tip O'Neill told his colleague: Frank could have been the first Jewish Speaker of the House of Representatives, had he not been gay. James Kirchick's review says little about Frank's work on banking matters, and doesn't mention the Dodd-Frank Act.

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    Related Topix: Mortgage, Personal Finance, Home, Mortgage

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Sunny 40°F
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Feels like: 42°F
Visibility: 10 mi

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