Uk Advice Loans And Mortgage Home Loans Lenders Quotes

  Dramatic changes are beginning to take place in our market. The availability of Single Family Detached homes is decreasing, with a drop below 40,000 this week to 39,828.

Those of you following the Dubai property market will no doubt have noticed the large amount of new laws being passed by the Dubai Real Estate Regulatory Agency (RERA) these past few months. With the Dubai freehold property market slump hitting all areas of the Emirate hard, it is of vital importance to get things back on the up, and it is RERA who have this responsibility. So in order to make this a reality, RERA have been passing new laws left right and centre! But with so many new laws and regulations being implemented in such a short period of time, it can be hard to keep up. So allow me to explain what RERA has been up to recently with regard to Dubai properties.

After passing through a tumbling situation in the recent past, which left the mortgage market shocked (as the short term mortgage rates shot higher), the Federal Reserve has made it possible for them to get back on the normal track. The Federal Reserve slashed benchmark interest rates by half a point in an aggressive move, thus tightening the credit conditions, providing potential to intensify the housing correction and preventing the economy from moving into recession. The decision to cut overnight federal funds rate from 5.