Investing
Swiss Banks to Hold Extra Capital to Cover Mortgage Risks
Norway’s Oil Fund Investing in First U.S. real estate
Philadelphia to Get New Student Skyscraper
The FBI is geared up to shift base from its existing J. Edgar Hoover building in Pennsylvania Avenue, Washington D.C. The G.S.A announced in a press meet that it was looking for developers to buy the building. China home price inflation quickens in Jan - survey
Average home prices in China's 100 biggest cities rose 1 percent in January from December, quickening from the 0.2 percent pace in the previous month and marking the eighth consecutive monthly rise, a private survey showed on Friday. Spain real estate hit to weigh on BBVA 2012 earnings
BBVA, Spain's second-biggest lender, is expected to report sharply lower earnings on Friday as growing income from emerging markets will not be enough to offset losses from soured property assets at home. Fed's Bullard paints upbeat picture for 2013 growth
The U.S. economy is on track for a better performance this year and improving growth will put the Federal Reserve in a position to slow or halt its massive bond-buying program, a top central bank official said on Friday. European Real Estate Deals Reach $59 Billion
Investment volumes in European commercial real estate reached 43.7 billion euros ($59 billion) in the fourth quarter of 2012, the highest quarterly level of since 2007, said realtor Cushman & Wakefield on Wednesday. Home Prices Rise in November, Most Since 2006
Home prices rose 5.5 percent in November compared to a year ago, according to report by the Case Shiller index released Tuesday. New Home Sales in 2012 Highest in 3 Years
Sales of new homes dipped in December from November, but overall sales for 2012 were the best since 2009, according to a government report released Friday Top 5 U.S. States with Most Homes in Foreclosure
As the housing economy continues to rebound, foreclosures in the U.S. have also declined. Marketwatch compiled a list of states with homes in most foreclosure. Florida leads the list with highest percentage of foreclosing activity. Mortgage Brokers Unhappy with New CFPB Rules
In addition to the qualifying mortgage rules announced earlier in January, CFPB has announced a new set of rules and regulations for mortgage brokers and loan officers. The new rules have been highly criticized by the NAMB- The Association of Mortgage Professionals. 30-year Fixed Mortgage Rates Surge Slightly This Week
Mortgage rates remained flat last week. However, in a recent analysis by Zillow® Mortgage Marketplace, it was found that 30-year fixed mortgage rates had inched up a little after almost a year of stagnancy.
