Property market sizzling amid bubble disputes
Akiko Toriyama, a 50-year-old woman living in Tokyo, said she was one of “overly hungry” home buyers in the late 1980s.
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EMC Mortgage names new COO, president (Dallas Business Journal) EMC Mortgage Corp. has named John Vella president and chief operating officer Vella most recently was president and COO for Los Angeles-based mortgage company Aames Investment Corp. (NYSE: AIC).read more...
Mortgage Rates Dip For 6th Straight Week Rates on 30-year mortgages fell for a sixth straight week, dropping to the lowest level in three months, according to a weekly survey released Thursday.read more...
Lenders tighten rules for mortgage customers (FT.com via Yahoo! News) Mortgage lenders have further tightened criteria this month as fears of a sharper housing slowdown have led them to take a more cautious stance with borrowers.read more...
Hot economy inflates premiums Edmontonians renewing their home insurance will notice they are paying higher premiums, thanks largely to the overheated economy.read more...
Global property investment at a turning point "What we're saying is you cannot just buy anything in any country, and assume values are going up." Global real estate investment is still buoyant but a few cracks
Profit Forecasts Key to Wall Street Gains U.S. investors will wade through a torrent of profit reports next week, keeping a focus on companies' outlooks, while consumer confidence and home sales data will be watched for signs