News

No-Money-Down Mortgage Loans Back in the Market

100 percent financing home loans or the No-Money-Down Mortgage payments have reportedly bounced back into the market but will only be available to affluent buyers. Banks and lending institutions claim that the loans are back due to high demand and are a much safer option where wealthy investors are concerned.

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.