Canadian forecast calls for record real estate sales
Existing-home prices in Alberta expected to rise 27% this year Calgary, Alberta.
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Insurers Ride Out Mortgage Crisis (TheStreet.com) Life and health carriers have big money in mortgage bonds, but most of it is relatively safe.
Housing starts down 5.6% New construction of U.S. homes fell 5.6% in October to a seasonally adjusted annual rate of 2.014 million, the Commerce Department said Thursday.read more...
Mortgage fraud outpacing investigations "There's too many cases, not enough agents." The number of reported mortgage fraud cases has climbed so quickly that U.S. federal investigators and prosecutors say they can't keep pace.
Mortgage applications on the rise (Detroit News) U.S. mortgage applications rose last week, reflecting a jump in refinancing and more home purchases, a private report showed today.via
Sales of Existing Homes Slow More Than Expected Sales of previously owned U.S. homes slowed more than expected in October, and available inventory jumped to the highest level in almost 20 years, signaling that the housing boom
Keeping Electricity Costs Down Electricity costs could be hurting your wallet this summer. As temperatures increase outside, air conditioners run even more, and electricity bills rise. read more...