Lender sees house affordability eroding For Business Edge Published: 06/09/2005 - Vol. 1, No. 11 Higher home prices, slower income growth and increased utility costs eroded Canada's housing affordability in the first three months of
Leave N.J., or Go Deep Into Debt? Robert and Elizabeth Scalcione moved to a quiet home in Allentown two years ago with the intent that it would be their last stop after living on Long Island and
Staged for sale: Let buyers imagine themselves in your home "Let us replace sentimentalism by realism, and dare to uncover those simple and terrible laws which, be they seen or unseen, pervade and govern." Ralph Waldo Emerson , American
Legacy Hotels says it needs clarity on new taxation rules but business is good But if someone sleeps in a bed, where do you attribute the income - to the bed or the floor? That's why I don't know that we can really comment
More mortgage defaults in NI (RTÉ News) In the North there has been a 59% rise in the number of court actions for mortgage default in the second quarter of 2008.read more...
Mortgage applications up last week: MBA (Reuters via Yahoo! News) U.S. mortgage applications rose for the first time in a month, mostly driven by a robust rebound in home refinancing volume even as interest rates rose, an industry trade
An article last Sunday about a class-action lawsuit over mortgage lending practices referred incorrectly to the loan-to-value ratio that is considered prudent for mortgages. It is a maximum of 80 percent, not a minimum of 80 percent. (The loan-to-value ratio is a measure of risk that compares the size of the total loan on a property to the underlying collateral.).
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