Spending on second homes triples to 6bn
Britons are spending 6 billion a year on buying second homes – 4 billion more than two years ago.
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Tracking Markets' Bloated Prices None of us likes to hear the bad news that we paid too much for our house. Or that our neighborhood is 20 percent overvalued and prone to downward
Mortgage defaults on the rise in California (San Diego Daily Transcript via Yahoo! News) Mortgage defaults in California rose more than 67 percent during the second quarter, compared with the same period last year, the result of slowing annual home price gains, a
RAMS to issue A$250 mln mortgage backed bond (Reuters via Yahoo! Malaysia News) SYDNEY, Sept 26 - RAMS Home Loans Group Ltd , an Australian non-bank lender, is issuing A$250 million in residential mortgage-backed securities, rating agency Moody's Investor Services said on Wednesday.read
Mortgage approvals rebound in May The property market will stay buoyant in the coming months The number of new mortgages approved for house buying bounced back in May.read more...
As Attractive as Death and Taxes Posted on Feb 27th, 2007 with stocks: HRB Zacks.com submits: H&R Block is a leading provider of tax preparation, financial advice, investment, mortgage, and business services.Commentread more...
Paulson Hedge Funds Cut Subprime-Mortgage Bets, Extend Gains (Bloomberg.com) Nov. 1 (Bloomberg) -- Paulson & Co. scaled back bets against subprime-mortgage securities, recording investment profits that helped the New York-based hedge-fund manager double assets to $24 billion this year.read