U.S. mortgage rates rose for the fourth straight week to their highest level in two months, dealing a major blow to housing affordability. The 30-year fixed-rate mortgage increased and averaged 6.94% as of Feb. 29, according to data released by Freddie Mac FMCC,+0,92%THURSDAY. This is an increase of 4 basis points from the previous week … Read more
Mortgage Rates Surge, Pushing Homebuyers Away as Inflation Remains High Mortgage Rates Surge, Pushing Homebuyers Away as Inflation Remains High Housing Market Retreats Amid Rising Mortgage Rates Mortgage rates surged this week with homebuyers retreating from the housing market — taking with them hopes of the Fed cutting rates by the spring buying season as … Read more
House prices have reached a new all-time high and mortgage rates have started to fall – but that won’t yet be enough to revive the property market, according to an expert. Even as borrowing costs fall, keeping home buyers away, the “lock-in effect” of homeowners reluctant to sell and give up their current 3% or … Read more
The mortgage for an owner-occupied property can generally be taxed in Switzerland. However, there are rules to be followed when it comes to finances. The mortgage for your own home is tax deductible in Switzerland. – Pixabay Ad the essentials in brief Mortgage interest is fully tax deductible. The amount of interest depends on the … Read more