First home buyers keen despite rate hike
May’s interest rate rise is unlikely to stop first home buyers from flooding the housing market, with finance-boosting tax cuts helping to cushion the blow.
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HVBJ to start Ft 50 bln mortgage bond program (Budapest Business Journal) The new program follows another Ft 75 billion program that is just ending. HVBJ specializes in providing mortgage loans to buyers of new homes built with financing from HVBJ's parent,
Impac Mortgage Declares Regular Dividend (KiplingerForecasts.com) (AP) NEWPORT BEACH, Calif. Real estate investment trust Impac Mortgage Holdings Inc. said Tuesday it declared a regular quarterly dividend of 25 cents per share.read more...
More miss mortgage payments (Worcester Telegram & Gazette) More American homeowners are missing mortgage payments, pushing defaults on privately insured home loans up 30 percent last month from year-earlier levels, according to a trade group.read more...
Apartment, condo construction to slow By STEVE BROWN / The Dallas Morning News stevebrown@dallasnews.com ORLANDO, Fla., - A shakeout in the U.S. condo market will sharply reduce multi-family home construction this year.Commentread more...
Dramatic cut seen in mortgage lending (Financial Times) Building societies have so dramatically slashed their mortgage lending that repayments outstripped new loans by almost £700m in June, according to the latest data from the Building Societies Association.read more...
General News Cyril McHugh said that while 171,732 new cars have come onto the Irish roads in 200 read on>> Best wishes for 2006 - from Seymour Crawford, T.D. "Unfortunately for the