CMHC announces plans to offer mortgage insurance for interest-only loans (Canadian Business)
OTTAWA (CP) – The Canada Mortgage and Housing Corp. now offers mortgage insurance for interest-only loans.
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Mortgage Rates Hit 6.1%, Highest Level In 15 Months (NBC 5 Chicago) Mortgage rates haven't been this high since July 2004.read more...
Mortgage rates increase to highest level since mid-Nov. Rates on 30-year mortgages rose this week to the highest level in nine weeks as financial markets reacted to a series of more upbeat financial reports.Commentread more...
What goes up Will high real estate prices in Anchorage come tumbling down? - By Monica Bradbury Monica Bradbury photo This house off Abbott Loop Road sold the first day it was listed.read
Owner's Manual Editor's note: Owner's Manual is a new biweekly feature on RealEstateJournal.com. The Q&A column will answer readers' questions concerning the management of second or vacation homes.via
Chinese Coalmine Cos Required To Set Aside Safety Mortgage Fund (Asia Pulse via Yahoo! Australia & NZ News) China's coalmine enterprises with an annual production capacity of no more than 30,000 tons are required to set aside 600,000-1,000,000 yuan (US$74,291-US$123,818) as safety mortgage fund in a special account
Suncorp Metway tries to put bad news behind it Suncorp Metway has reported a 47.7 per cent slide in annual profit after frequent bad weather and choppy investment markets hammered its bottom line, but affirmed guidance for the current