Rates hitting housing sector recovery
The prospect of further interest rate rises was delaying the recovery of the residential building market, the housing industry’s peak body said in a report.
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Vestin Realty Mortgage Declares Dividend (KiplingerForecasts.com) Real estate investment trust Vestin Realty Mortgage II Inc. said Tuesday its board approved a 30 percent stock dividend. The dividend will be distributed Dec. 15 to shareholders of record
Calvert County For the second year in a row, home prices in Calvert County increased somewhat despite a decrease in home sales. read more...
Corrections officer arrested in mortgage fraud (Miami Herald) A longtime Miami-Dade corrections officer used his uncle's forged signature -- the uncle had been dead 13 years -- to take a mortgage out on the man's North Miami-Dade home,
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Finding that mortgage to get tougher still after Halifax hike (icWales) HALIFAX ended a turbulent week for the mortgage market yesterday with the announcement that it was repricing its mortgage range.read more...