Toll Brothers Chief Says Housing Market May Recover in 2010-11 read more...
Low-rate ride is finished, so lock in your mortgage (The Globe and Mail) The golden age of variable-rate mortgages is over. They're still a defensible choice if you're buying a home or renewing your mortgage, but the variable-rate option isn't the no-brainer choice
First National launches interest-only mortgage (Investment Executive) First National Financial LP is offering a Canada Mortgage and Housing Corporation-insured interest-only mortgage. The firm describes it as new mortgage concept that can help qualified homebuyers lower their monthly
Greenspan warns of pension pressure (Reg Req'd) Greenspan made his remarks to the Senate Banking Committee after he delivered what may be his final economic outlook to Congress.read more...
Argentine Mortgage Market Shows Potential, Estol Says (Update1) (Bloomberg.com) March 6 (Bloomberg) -- Argentina's mortgage market has ``enormous potential'' as the country continues to recover from a financial crisis that began in late 2001, Banco Hipotecario SA President Clarisa
Washington Mutual earnings jump 22 percent (Reg Req'd) Washington Mutual Inc., the nation's largest savings and loan, reports that its third-quarter earnings rose 22 percent from last year, spurred largely by growth in its consumer banking business.read more...
LONDON (SHARECAST) – September saw a slowdown in the number of home loan approvals, according to new data published today. The British Bankers’ Association said mortgage approvals rose just 3% in September to 72,155 from last year, following a 3% rise in August and a 5% increase in July.
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