Finance & Mortgage
'Home Loan Applicants Urge to Research on Bank Rates Well
'China Shanghai Changes Housing Tax
'Mortgage rates inch up, but downward trend continues
EDITOR'S PICKS
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Residents of a Chicago Mobile Home Park To Lose Water Access Days Before Thanksgiving
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Dozens Left Homeless After Apartment Fire Sparks In Durham
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Homebuying 101: 5 Red Flags To Watch Out For
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US Home Prices on the Rise: Here's Where Houses Are the Priciest
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Real Estate: 3 Things To Know Before You Start Investing
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U.S. states have reached a $25 billion deal with the nation's biggest mortgage lenders over foreclosure abuses that occurred after the housing bubble burst. -
'New Automated Application from Churchill Mortgage Gives Borrowers Immediate Rate Quote and Pre-Approval
New Automated Application from Churchill Mortgage Gives Borrowers Immediate Rate Quote and Pre-Approval. -
'San Francisco Consulting Firm Recommends Taking Advantage of Lower Lease Prices Now as Demand for Office Space Increases
While the recovery of the real estate sector remains sluggish nationally, San Francisco's commercial real estate market is heating up. According to a recent survey by the Urban Land Institute and PricewaterhouseCoopers, San Francisco is now the third-best city to invest in for commercial property. As the cost of leasing commercial space rises again, San Francisco business consultantKathy Scheiern, PhD, founder of PurposeWorks LLC, recommends small businesses find the right space and lock in a g... -
'Rate on 30-year-mortgage remained 3.87% low record
The average 30-year fixed-rate mortgage has been at its all-time record-breaking low of 3.87 percent since the first week of February -
'U.S. Mortgage Applications Decline 1%: MBA
U.S. mortgage applications decreased by one percent in the week ending Feb. 10, compared to the previous week, according to the Mortgage Bankers Association. -
'Interest rate cuts boost new home lending in Australia
Housing finance figures for December 2011 reveal that the November and December official interest rate cuts had a positive impact on home buyer confidence and new home lending in Australia, according to the Housing Industry Association, the voice of Australia’s residential building industry. -
'Empire State Building Owner Files for IPO
The new company, Empire State Realty Trust, is seeking up to $1 billion in funding for control of a dozen office buildings, including the Empire State Building, totaling 7.7 million square feet. It will trade under the symbol "ESB" and offer Class A common stock to the public. It will also have Class B stock with 50 votes per share. Anthony Malkin, scion of the real estate family, will be chairman and CEO of the new company. -
'Fourth Quarter Metro Area Home Prices Boost Affordability, Sales Improving
Housing affordability conditions improved in most metropolitan areas from softer existing-home prices and record-low mortgage interest rates in the fourth quarter, with rising sales and lower inventory creating more balanced conditions, according to the latest quarterly report by the National Association of Realtors®. -
'Mortgage Settlement: Details May Not Yet Be Finalized, Says American Banker
A source has told American Banker that the terms of this week's massive national mortgage servicing settlement have not been finalized, and that politics drove Thursday's announcement -
'$8.2 million package from U.S. Bank Adding Expansion of Largest Homeless Shelters in the Midwest
Omaha’s Siena/Francis House to Break Ground on New Housing and Community Services Facility -
'Fitch Launches REITs in Brief
Fitch Ratings has published its inaugural edition of 'REITs in Brief' -
'Bank of America Announces Agreements in Principle With Federal and State Authorities on Mortgage Matters
Bank of America Corporation today confirmed it has joined the other four largest mortgage servicers in agreeing in principle to the terms of a global settlement resolving federal and state investigations into certain origination, servicing and foreclosure practices. The settlement with 49 state attorneys general, the United States Department of Justice and other federal agencies would extend additional relief to homeowners who are struggling to make mortgage payments and to make refinancing opti...