Market News of Mortgage Loans

Why you shouldn't panic about rising mortgage rates

Fed shows confidence in U.S. economy with rate hike: average rate for 30-year fixed-rate mortgage inched up to 4.16%, but rates are still low by historical standards
Rich in sunshine, Spain is the only country to tax renewable energy self-consumption

A new report from the the International Energy Agency (IEA) reveals that Spain is the only country in the world to tax home renewable energy generation.
Fannie’s and Freddie’s Plan to Cut Mortgage Balances May Be Near

The Federal Housing Finance Agency may roll out cuts to mortgage principals this week, possibly to some criticism.
Abu Dhabi introduces 3% municipal fee on expat home rentals

Expatriate tenants in Abu Dhabi will have to pay 3 per cent extra on their rent, as a municipality contract fee.
Toxic loans may lead China to its worst financial crisis

Bad debts in herd form are a drag on economic activity as we experienced in the US led financial crisis of 2008. Now China seems to be flirting with this same scenario.
Savers get boost from April tax changes in UK

How your nest egg is about to benefit
Why can't you switch water supplier in UK?

Why can't you switch your water supplier?
Isa market hit by 'worst' savings deals

Low interest rates and changes to savings taxation are resulting in "perhaps the worst Isa season on record", a financial analyst suggests.
ANDALUSIA: Holiday rental regulations in new Decree explained in detail

Regular legal-contributor Raymundo Larraín Nesbitt explains the new regulations governing holiday rentals just introduced in Andalusia. He gives us an overview of the Decree in force, the requirements landlords must meet, and explains the steep sanctions for non-compliance.
Spanish Inheritance Tax guide and FAQ

Regular legal-contributor Raymundo Larraín Nesbitt a basic step-by-step guideline for non-residents inheriting assets in Spain. It also provides an outline on Spain’s Inheritance Tax.
Record number give up US citizenship, green cards – US Treasury

For the third year in a row the number of people renouncing their citizenship or abandoning green cards has beaten the record set the previous year, US Treasury Department data reveal.
ANDALUSIA: Owners will have 3 months to register tourist rental properties

Owners who rent out their homes to tourists will have three months to register with the local authorities or face stiff fines, reports the local press.
Zaha Hadid refuses to hand over copyright for unpaid Japan stadium designs

The organisers of the Tokyo 2020 Olympics are refusing to pay Zaha Hadid for her scrapped stadium design until she gives up all copyright on the project and signs a gagging order
A looming threat: Drones and Privacy

UNMANNED aircraft, otherwise known as drones, are becoming common. Many are familiar with America’s use of armed drones in Pakistan, Yemen and elsewhere, but drones are increasingly being used by other parts of the government, as well as by companies and individuals
Interest rate cuts lead to new Danish 'super loans'

As a knock-on effect of the Danish central bank’s repeated interest cuts defending the krone’s link to the euro, Danish homeowners are now being offered historically low mortgage loans
Mansion tax change in UK

UK politians favour council tax change rather than new mansion tax
Ready to Refinance? 8 Steps for Success

Following these checkpoints can help make sure you’re ready to navigate refinancing your mortgage
San Francisco’s Short-Term Rental Solution

After two-and-a-half years of intense policy discussion and countless hours of public testimony, this week Mayor Ed Lee signed into law legislation I authored that will for the first time regulate short-term rentals in San Francisco