AMRS may give way to payment shocks In the beginning, those adjustable-rate and interest-only mortgages might have been irresistible, with their low rates and convenient terms.Commentread more...
A Full-Court Press on Bad Loans, But Who Will Referee? Consumer groups believe that lenders should not allow borrowers to take mortgages that aren't suitable for them. Lenders who do allow it should be held liable, they argue. read
Mortgage approvals drop further (BBC News) Bank of England figures show a fall in new mortgage approvals and a record rise in other loans.read more...
Cyprus house prices stable in May In May 2005, home selling prices in Cyprus remained at the same level as April 2005, maintaining their accumulated increase of 2.5% since the beginning of the year.via
Luminent Mortgage Capital Announces a Dividend Increase to $0.32 Per Share for the Second Quarter of 2007 (FinanzNachrichten) SAN FRANCISCO, June 27 /PRNewswire/ -- The Board of Directors of Luminent Mortgage Capital, ( Nachrichten ) Inc. today declared a cash dividend for the second quarter of 2007 of
Slump Keeps Contractors Busy read more...
A year into the real-estate market slowdown U.S. consumers have yet to snap shut their wallets, as other parts of the economy stay strong and a drop in gas prices boosts buying power. But some say the impact of the U.S.’s chilling homes sales may only have been delayed.
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