Housing sector stays strong
London may not be the Wild West, but the housing sector here continues to boom. Statistics Canada says new home prices here were up 0.6 per cent in April, keeping pace with other similar-sized cities such as …
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Is a piggyback mortgage risky? (Bankrate.com) Dear Dr. Don, I have been told that an 80/10/10 mortgage is a risky proposition given the ever-fluctuating interest rates. Seemed like an ideal mortgage program for my family, in
PMI Expects $236 Million Loss in U.S. Mortgage Units (Update1) (Bloomberg.com) March 3 (Bloomberg) -- PMI Group Inc., the Walnut Creek, California-based insurer, said its U.S. mortgage insurance units had a net loss of about $236 million in the fourth quarter.read
House price millionaires The number of property millionaires has risen almost 14 times over the past decade as house prices have soared to levels that many fear are unsustainable.via
Nomura to exit US mortgage business, post big loss (Reuters via Yahoo! Singapore News) TOKYO, Oct 15 - Nomura Holdings , Japan's largest brokerage, said it would pull out of the U.S. residential mortgage-backed securities market and cut its U.S. work force by about
Adapting Community Design to Anticipate Trends There are walking trails, swimming pools and tennis courts. The landscape is well-maintained. If you didn't know better, you might think you were walking the grounds of a resort.
Building declines stall 84 Lumber's sales Whipsawed by a nationwide decline in home-building and depressed materials pricing, 84 Lumber Co.Commentread more...