$43M Refinances Ocean Ranch…
LAGUNA NIGUEL, CA-The J.F. Shea Co. has secured $42.75 million in permanent financing for its Ocean Ranch II retail center, according to the San Diego office of Johnson Capital, which arranged the loan.
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National City earnings hit by lower mortgage profit (bizjournals.com via Yahoo! Finance) National City Corp.'s third quarter profit declined 19 percent from a year earlier because of weakness in its mortgage division, the bank said Tuesday.read more...
July mortgage lending rise weakest in 3 yrs (Reuters.co.uk) LONDON (Reuters) - Mortgage lending saw its weakest monthly rise in more than three years in July while consumer credit also increased less than expected, official data showed on Tuesday.read
Housing market stays strong; agents see slowdown ahead Puget Sound-area home sales and prices remain strong, according to the latest statistics, but anecdotally, real-estate agents say the usual fall slowdown is well under way.read more...
Surviving a jump in your adjustable-rate mortgage (NorthJersey.com) First, the bad news: If you're among the millions who took out an adjustable-rate mortgage in the past few years, your monthly payment is likely to rise on the next
Unions call for action on house inflation The Council of Trade Unions is calling for measures to control house price inflation, as the New Zealand dollar soars, intensifying fears about the future of many exporters. via
'Green' Lawns Spur Neighborhood Wars A year after Gwendolyn Bounds went organic she finally has a healthy swath of grass. So do other eco-friendly homeowners, but battle lines are being drawn over weeds.