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Sentry Select Capital Corp. Closes Offering for Sentry Select FIDAC U.S. Mortgage Trust (Business Wire via Yahoo! Finance) Sentry Select Capital Corp. is pleased to announce that Sentry Select FIDAC U.S. Mortgage Trust , a closed-end investment trust established under the laws of the province of Ontario,
Housing starts rise in February but trend will slow, CMHC reports - The Canada Mortgage and Housing Corp. says the annual rate of housing starts was 256,900 units in February, up from 222,700 units in January.Chief economist Bob Dugan says
Housing Markets Pricing Out Middle Class WEST PALM BEACH, Fla. - The red-hot housing market in booming cities across the country has made the dream of owning a home out of reach, not only for low-income
Survey: 30-year mortgage rate nears 7 percent (Bankrate.com via Yahoo! Finance) Bankrate's weekly national survey shows where mortgage rates are -- and our analysis predicts where they're headed.read more...
U.K. Mortgage Approvals Fall 39% on Tighter Lending, BBA Says (Bloomberg.com) May 27 (Bloomberg) -- U.K. mortgage approvals fell in April as sliding home values and tighter loan terms dimmed the appeal of borrowing to buy property, a report by the
“We took a squeeze this year and next year in order to drive up earnings in 2009 and 2010.”
British mortgage bank Northern Rock announced a 30 per cent jump in its dividend and plans to buy back shares today, but repeated that interest rate rises would restrain 2007 profit growth. via The Irish Times
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