New home construction down in August
Total housing starts for August in New Brunswick’s urban centres exceeded last year’s levels.
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30-year mortgage rates rise to 6.18% Rates on 30-year mortgages rose for a third straight week as investors viewed improving economic reports as a sign that the Federal Reserve will not quickly cut interest rates.Commentread more...
Mortgage bills worry many (The Arizona Republic) Poll: 1 in 7 homeowners worry they may soon fail to make their monthly mortgage payments.read more...
Japanese Stocks May Decline After U.S. Mortgage Defaults Rise (Bloomberg.com) Feb. 13 (Bloomberg) -- Japanese stocks may drop after mortgage defaults in the U.S. increased, prompting speculation that growth may slow in Japan's largest export market. Exporters such as Honda
Seniors flock to fair Coming for information, giveaways and goodies, area senior citizens flocked to the Clarion Hotel Friday for the first of a two-day, free Senior Fair.read more...
Building on commercial market CONTRACTOR T Clarke is due to report first-half profits on Friday after seeing positive signs in all of its markets including a sharp upturn in the London commercial market.read more...
Westpac cuts mortgage broker commissions (AAP via Yahoo!7 Finance) The global credit crunch has rolled around to Australia's mortgage broking industry with Westpac Bank moving to cut brokers' commissions to offset rising costs.read more...