DATA SNAP: UK BBA:Mortgage Approvals Hit Record Low In March (Nasdaq) LONDON -(Dow Jones)- In the latest piece of gloomy news to hit the U.K. housing sector, mortgage approvals sunk to a record low in March, data from the British Bankers'
No real estate bubble here (Reg Req'd) Who hasn't heard the dire predictions: interest rates rise, the housing boom cools, commercial development slows.read more...
Quick action can ease pain of mortgage problems (Fort Wayne Journal Gazette) Trouble begins with a slow-motion descent toward your first missed mortgage payment. It?s a queasy feeling thousands of homeowners know too well as their houses slip away.read more...
Work halted on R1bn prestige CBD project By Candice Bailey Work on the R1 billion Mandela Rhodes Place development in the heart of the city centre has been halted.via
Zoning read more...
Keep the dream move alive if you can't sell your home Hear mention of "let-to-buy" and you could be forgiven for thinking that someone has got their words muddled up.read more...
July 18 (Bloomberg)—Emerging-market bonds fell after Bear Stearns Cos. told investors in its failed hedge funds they will get little if any money back, reviving concern that losses on U.S. subprime mortgage-backed securities may widen.
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