Finance & Mortgage

Spain home prices may drop 52 pct

Home prices in Spain may decline as much as 52 percent due to economic stress, according to Moody’s Investors Service.

Mortgage rates reach record low

Average U.S. rates on 30-year and 15-year fixed mortgages this week fell to fresh record lows for the sixth straight week as concerns over slowing job growth pushed investors into the safety of government bonds that guide interest costs.

U.S. home prices up in April

Home prices rose in April offering a glimmer of hope for the U.S. housing market, data analysis firm CoreLogic said on Tuesday.

EDITOR'S PICKS

Canadian REITs set to outperform the U.S.

Canadian real-estate investment trusts are set to outperform their U.S. peers largely due to the country’s strong economic fundamentals and the real estate sector’s more solid outlook, according to analyst reports.
By Staff Reporter
S&P report looks at credit quality in European real estate

Strong portfolios and benign funding conditions in the relatively low-geared segment of European real estate make for a stable ratings outlook among rated real estate investment trusts (REITs) and developers in the region. What's more, these factors should support the creditworthiness of issuers in this industry through 2012, says a report published earlier today titled "Rising Debt Costs And Investment Pipeline Uncertainties Threaten Stability Of European Real Estate Sector."
By Staff Reporter
China's Housing Minister emphasizes property cooling policy

China's main real estate regulator said it will maintain current restrictions on property sales, according to a report in Xinhua news on Tuesday.
By Staff Reporter
Same-sex spouses may face financial tangles in the U.S.

Christel de Vries, a Dutch outsourcing manager for Accenture, sealed her love for her female partner twice, once in 2001 in Amsterdam under Dutch law and again in 2007 in a civil union in New Jersey. Yet under U.S. federal law, she isn't married — and that is creating obstacles in her divorce.
By Staff Reporter
Real estate confidence grows, two-thirds of buyers open to foreclosures

Confidence in the real estate market continues to grow in 2011, according to a recent study by a recent study by Realtor.com.
By Staff Reporter
China housing prices down for ninth consecutive month

Housing prices in 100 surveyed Chinese cities fell 0.31 percent in May from April for the ninth straight month, according to data from the China Index Academy.
By Staff Reporter
France plans to limit rent hikes

In a bid to uphold his election campaign promises, French President Francois Hollande is preparing a decree that may limit rent increases.
By Staff Reporter
Asian real estate market cooling

Real estate markets across Asia are cooling, according to a recent study by real-estate firm Knight Frank.
By Staff Reporter
SunTrust Mortgage settles racial lawsuit for $21 Mln

SunTrust Mortgage has agreed to pay $21 million to settle a federal lawsuit alleging racial discrimination in its lending practices against Hispanics and African Americans.
By Staff Reporter
Low mortgage rates attract more short-term borrowers

As mortgage rates drop to record lows, more homeowners are refinancing into 15-year loans in a bid to pay off their debt in time for retirement.
By Staff Reporter

Finance & Mortgage

Spain home prices may drop 52 pct

Mortgage rates reach record low

U.S. home prices up in April

Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires

Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'

How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires

What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?

Canadian REITs set to outperform the U.S.

S&P report looks at credit quality in European real estate

China's Housing Minister emphasizes property cooling policy

Same-sex spouses may face financial tangles in the U.S.

Real estate confidence grows, two-thirds of buyers open to foreclosures

China housing prices down for ninth consecutive month

France plans to limit rent hikes

Asian real estate market cooling

SunTrust Mortgage settles racial lawsuit for $21 Mln

Low mortgage rates attract more short-term borrowers