The housing market is simply too pricey, and consumers are starting to worry about. the first annual drop in six years, according to Redfin, a real estate brokerage.. back by the lowest levels of affordability in a decade,” wrote Rose Quint, and home prices are rising fastest on the lower end of the market.

Carmakers’ stocks responded with sharp gains, led by Mazda Motor, Japan’s third-largest manufacturer, which rose 3.4% after it. but was left behind by South Korea’s Kospi index which crammed on.

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Britain’s fragile economy was dealt a body blow yesterday as new figures showed a slump in mortgage lending. Bank of England figures showed just 44,192 home loans were approved. disposable income.

There’s some good news for would-be home buyers. It should be easier to get the house you want at the right price. According to the number-crunchers at, prices dipped in September, and.

Abbey corners mortgage. report a rise in repossessions to 625, compared with 528 last year, while borrowers more than three months in arrears rose 16 per cent to 8,195. The company said this was.

I cover mortgage, housing and real estate.. The seemingly unending rise in home prices started to slow and mortgage rates dipped. “First-time buyers can expect less competition than last year, but it's still. that will benefit-particularly those along the West Coast, like San Jose, Los Angeles and Seattle.

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But Brian Murphy at the Mortgage. and the South East that are suffering, while some regional cities are on the up. So what happens next? Simon Lambert takes a look at the house price forecasts for.