Finance & Mortgage
Will JP Morgan Chase Stop Issuing FHA Loans?
US Mortgage Rates Inch Down to Remain at Record Lows
China Home Sales Surge on Easing Regulations and developer Discounts
EDITOR'S PICKS
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Developers Apologize After Accidentially Demolishing House Where AC/DC Got Together
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US Housing Affordability Unlikely To Improve Until Prices Fall 40%, Wages Increase 70%: Expert
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Meghan Markle And Prince Harry's Montecito Mansion Now Valued At $29M
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US Housing Supply Hit Four-Year High - But Only Because Homes Are Failing To Find Buyers
Citigroup Inc., the famous banking institution, announced Monday that it had agreed to pay $7 billion in fines to the U.S. Justice Department (DoJ) after it was found guilty of selling faulty mortgage securities to investors that eventually led to the financial crisis in 2008. London Home Prices Falling as Government Steps in with Property Curbs
The inflated property market of London will soon see prices falling as the government and the Bank of England together take measures to slow down the fast-rising real estate prices in the City, the Royal Institution of Chartered Surveyors (RICS) announced Thursday. Chinese Cities Easing Housing Curbs to Boost Sluggish Property Market
As the Chinese real estate bubble threatens its own and several other economies around the world, several cities have already started easing the stringent curbs on housing that bogged down buying activity in the country. Broad Growth in US Home Prices Reflect Wide Recovery
Home prices have been accelerating for some time now in the U.S. but this time, the growth is broad and across several states, which is a reflection of a wider economic and housing market recovery. Empire State Building Owners Ask Judge to Dismiss Lawsuit over REIT Dispute
The Malkin Family, owners of the iconic Empire State building, which is the centerpiece of the Empire State Realty Inc., has asked the judge in charge of an infamous shareholder-dispute case to dismiss the lawsuit filed against them. Mortgage Rates for 30-Year Loans Slip for Straight Third Week
Mortgage rates in the U.S. for 30-year loans slipped straight third week and lowered the borrowing costs. Average U.S. Mortgage Rates Decline after Rising for two Consecutive Weeks
The average mortgage interest rates in the U.S. fell after rising for two consecutive weeks with fixed rates declining lower than the figures recorded at the same time last year, according to Freddie Mac - the government-backed lending giant's weekly survey. U.S. Housing Recovery Has Got Catching Up to Do, Says Fannie Mae
After a depressing first few months of 2014, the housing market is finally picking up pace. However, the growth will be slow and the figures will barely manage to catch up with last year's numbers, Fannie Mae announced in its June economic forecast report. U.S. Existing Home Sales Picked Up in May
Existing home sales in the U.S. went up across all regions in May. There was improvement in inventory growth and slight price rise was also noticed - all indicating towards a better, stabilizing housing market. US Justice Department Urges Citigroup to Raise Securities Settlement Offer
The U.S. Justice Department is urging Citigroup Inc. to raise its settlement offer in a long running probe that found the bank guilty of selling faulty mortgage securities that eventually led to the country's economic crash.
