Finance & Mortgage
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
EDITOR'S PICKS
-
Top 1,000 Brokerages Reveal Which Real Estate Firms Are Surviving — And Growing — In The Current Recessionary Market
-
Shohei Ohtani And His Agent Settle Hawaii Lawsuit Over Alleged Sabotage Of $240 Million Real Estate Project
-
James Corden Locked In Bitter Fight With London Council Over Paving Changes At His $22 Million Heritage Home
-
Mortgage Rates Jump Back Above 6% After Iran Strikes Push Oil Prices And Treasury Yields Higher
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. 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. Asian real estate market cooling
Real estate markets across Asia are cooling, according to a recent study by real-estate firm Knight Frank. 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. 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. European commercial landlords unable to pay loans: Moody
Landlords of commercial properties in Europe are under pressure to repay mortgages as banks withdraw from refinancing the loans, according to Moody’s Investors Service. Mortgage rates fall to record lows: 15-Year Below 3 Pct
Average U.S. rates on 30-year and 15-year fixed mortgages dropped to record lows again this week, with the 15-year loan dipping below 3 percent for the first time ever. Dubai Nakheel reports $98.6 Mln profit in first quarter
Dubai Nakheel, the state-controlled builder of artificial islands off Dubai’s coast, reported a first-quarter profit after a year-earlier loss as it delivered more completed properties to buyers and cut costs. TEXT-S&P Summary: Evergrande Real Estate Group Ltd.
The rating on Evergrande Real Estate Group Ltd. reflects the company's aggressive growth appetite, debt-funded expansion, short operating and financial management track record as a large-scale developer, and weak corporate governance history. Evergrande's high-volume and large-project-size business model could expose the company to execution risk in small markets. The company's large, low-cost, and geographically diversified land bank, competitively priced products, and good execution because... TEXT-S&P cuts Swedish Stena AB to 'BB'; outlook stable
The expected improvement predominantly reflects the last drilling ship that will begin operating in the second quarter, and the LNG vessels that will contribute through the full year. We anticipate some modest improvement in the group's ratio of adjusted FFO to debt in 2013.
