Race to fix loans
BORROWERS are rushing to fix home-loan interest rates, fearing higher petrol prices will lead the Reserve Bank to raise official rates.
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Brakes Put On for New Malls Retail construction, which surged in recent years amid easy financing and robust consumer spending, has lost momentum as retailers curtail their growth plans and lenders remain stingy.read more...
Among Banks, Go for the Giants After a slow start in 2005, banks have done better than the Standard & Poor's 500-stock index in the last two months.via
Inconspicuous Consumption: Hiding the Plasma TV Home-entertainment systems may remain a status symbol for some, but a growing number of consumers are opting to downplay their living-room gadgetry. Manufacturers are adding touches to soften their components'
Paulson says mortgage plan ready this week (Reuters via Yahoo! News) U.S. Treasury Secretary Henry Paulson said on Monday he hoped a plan to spare homeowners facing mortgage-rate spikes would be ready by week's end and expressed faith the economy
Picking the Right Mover Should Be First on Your List Despite the slow real estate market, millions of people are hiring movers, packing boxes, loading up the truck and getting on with their lives. read more...
Foreclosure Filings Increase, But Default Notices Drop 9% Foreclosure filings jumped 94% from a year earlier in October, but foreclosure activity in general appears to have 'leveled off,' RealtyTrac says. read more...