In Naming Residences, Only the Hip Will Do
The developer was searching for a name for the new downtown condo building, something swank and high-tech to rope the young and thick-walleted set.
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UK mortgage lending rises in June The CML said gross mortgage lending reached 25.8bn in June, up from 22.3bn in May.read more...
VALUABLE EXPERIENCES Jesse Torgerson, 29 Bought a townhouse in 2002, sold it this year for almost double what he paid, then bought a new house read more...
Borrowing slows, but still strong Credit growth slowed marginally in August, but demand conditions remained strong as consumers continued to make good use of the low interest rate environment.read more...
Nov. mortgage defaults hit high (Daily Press) Mortgage insurers saw defaults rise to a new monthly record in November, according to data published Monday by an industry trade group. Defaults, defined as loans 60 or more days
Working couples spend 25% of income on mortgage payments (Sunday Business Post) Working couples are spending more than one-quarter of their joint disposable incomes on mortgage repayments, according to new figures published today.read more...
U.S. Homes Play A Larger Role In Retirement Plans Two years ago, George and Mollie Weiner were scraping by on $1,800 a month in Social Security payments and just $100 in monthly payouts from their individual retirement accounts.read more...