Tag: foreclosures
Interest rate shock on the real estate market – Mortgage interest rates put homeowners in Europe in trouble
House for sale in the UK House prices on the island fell the most since 2009 in March. (Photo: Juergen Schwarz) Vienna, Paris, Madrid, Berlin, London, Stockholm The rapid turnaround…
Interest rate shock on the real estate market – Mortgage interest rates put homeowners in Europe in trouble
Vienna, Paris, Madrid, London, Stockholm The rapid turnaround in interest rates by the major central banks is causing turmoil on the European real estate markets. Soaring mortgage rates combined with…