On Wednesday data from an industry group showed that U.S. mortgage applications dipped last week as interest rates on 30-year loans rose above 5%.It has been said by the Mortgage Bankers Association that rates on 30-year fixed-rate mortgages, rose above…

Leasehold is a term that has originated from the feudal agrarian society in the United Kingdom. In this society, peasants worked on the land that belonged to their lord. Modern leasehold is identical in a way that the property is owned by the freeholder, but for an established length of time the leaseholder is guaranteed possession of it by a…