Finance & Mortgage
TEXT-S&P cuts Swedish Stena AB to 'BB'; outlook stable
Real estate firm Africa Israel reports dip in profit
Real estate tax bills not accepted at all banks: report
EDITOR'S PICKS
-
Developers Apologize After Accidentially Demolishing House Where AC/DC Got Together
-
US Housing Affordability Unlikely To Improve Until Prices Fall 40%, Wages Increase 70%: Expert
-
Meghan Markle And Prince Harry's Montecito Mansion Now Valued At $29M
-
US Housing Supply Hit Four-Year High - But Only Because Homes Are Failing To Find Buyers
Purchases of brand new, single-family homes rose by 3.3 percent in April, according to data released Wednesday from HUD and the U.S. Census Bureau. Pending home sales unexpectedly dip in April
The number of Americans signing contracts to purchase previously owned homes fell in April to a four-month low, indicating the U.S. housing recovery remains uneven, according to a report released Wednesday. Pending home sales post surprise fall in April
Contracts to purchase previously owned U.S. homes unexpectedly fell in April to a four-month low, undermining some of the recent optimism that the housing sector was touching bottom. EU calls for banking union, direct recapitalization of banks
The euro zone should move to a banking union and consider directly recapitalizing banks from its permanent bailout fund, the European Commission said on Wednesday in annual economic recommendations that shone a critical light on Spain. U.S. home prices rose in March
Average home prices rose in March compared with February in most of the 20 cities in a Standard & Poor’s/Case Shiller survey out today – the first time in seven months there’s been a gain. This report adds to the growing evidence that the worst of the five-year housing slump appears to be over. Top Ten cities with the most foreclosure homes
Good news for potential and current home owners; the worst effects of the housing crisis are beginning to wind down, according to a report. Over 30 Pct of US homeowners with mortgages are underwater
In the face of rising home prices, over 30 percent of borrowers, or close to 16 million homeowners, were underwater on their mortgage payment during the first quarter of 2012, according to Zillow. S.Korea end-March household credit growth at 2-1/2-yr low
South Korea's household credit grew at the slowest annual pace in two and a half years at the end of March due to a sluggish real estate market and weak economic activity, quarterly central bank data showed on Thursday. 30-year mortgage rate at another record low
Mortgage rates dipped slightly lower, setting another all-time record for interest rates on the 30-year fixed-rate mortgage on Thursday, according to the latest data released Thursday by Freddie Mac. China disperses $10 bln of public housing funds
China's Ministry of Finance said on Thursday it had given 66 billion yuan ($10.5 billion) to local governments to help build public housing for rent, one of five categories of state-subsidised affordable housing.
