UK Housing Markets; Banks Tighten Lending Banco Halifax withdraws construction mortgages; Barclays raises rates on Euro mortgage; Analysis by Simon Rubinsohn of RICS; Analysis by Regis Grant of BaydonHill; Analysis by Katy Hepworth of Asset
Bank of America 4Q Profit Falls "We certainly are not pleased with our performance" Bank of America Corp. said Tuesday its fourth-quarter earnings fell 95 percent, hurt by mounting credit losses and weak investment banking
All eyes turn to offshore insurers The villain of spiraling insurance rates in Florida is now re-insurance. Lightly regulated, offshore companies that provide backup coverage to insurance companies themselves have more than doubled their rates ...
Parkway Buys Two Maitland Office Buildings for New Fund Parkway Properties Inc. of Jackson, MI and the Ohio Public Employees Retirement System of Columbus, OH have acquired two Maitland Center submarket office buildings for a total $28.41 million or
North-south property divide widens again House prices in the north have fallen behind those in the south once more after catching up for the past four years.read more...
Fletcher Building Second-Half Profit Rises 8 Percent on Concrete and Steel Fletcher Building Ltd., New Zealand's biggest building products maker, had an 8 percent gain in second- half profit on increased commercial construction and earnings from new businesses in Australia.read more...
MORTGAGE TERMS YOU SHOULD KNOW Mortgagor: The borrower. Mortgagee: The lender. ARM (Adjustable rate mortgage): A loan in which the interest rate may fluctuate, increasing or decreasing, during the course of the loan.
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