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Housing market index hits lowest point in 16 years 2:05 PM CT  "It's clear that the crisis in the subprime sector has prompted tighter lending standards in much of the mortgage market" A measurement of industry sentiment about the housing market


Bbs Launches Mortgage Bond (AllAfrica.com)  The Botswana Building Society launched a five-year fixed mortgage bond last Thursday with an interest rate of 15.5%, to enable borrowers to hedge the interest rate risk by insulating payments


Rates rejig from mortgage lenders (BBC News)  Two of the UK's biggest mortgage lenders put up the price of new short-term fixed-rate deals.read more...


GM unloads commercial mortgage division (Lexington Herald-Leader)  General Motors Corp. said yesterday it sold a majority interest in its commercial mortgage division in a deal worth $9 billion that gives its finance arm a boost as it


On the bubble? Heed these do's and don'ts  If you really think you may get hurt in a real estate bubble burst, following this advice could minimize the damage.read more...


U.S. stocks fall on lower existing home sales data and volatile oil prices  NEW YORK - Stocks fell Tuesday as existing home sales dropped and oil prices remained volatile.read more...

July 27th, 2005

Capital Automotive Reports Second Quarter Results

MCLEAN, Va., July 28—Capital Automotive REIT , the nation’s leading specialty finance company for automotive retail real estate, today announced financial results for the second quarter ended June 30, 2005.

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