MacBank funds face losses after US falls
SHARES in Macquarie Bank slumped 7.0 per cent today after it confirmed some of its funds faced large losses in the fallout from the crisis in the US sub-prime mortgage market. via News.com.au
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Clinton, Obama Mostly the Same on Policy "There is simply no doubt that when two candidates virtually agree, you have to find other reasons to find an argument about why you should be for one rather than
Pay Down the Balance or Sit Tight and Invest? Q: I am 58 and recently bought the home in which my wife and I plan to spend the rest of our lives. We paid points to reduce
Over-leveraged homeowners spark Fed concern Speculative buying of vacation and investment homes is at unprecedented levels and may be driving the surge in home prices, which hit another record last month, Federal Reserve Chairman Alan
Fire Destroys Home Under Construction read more...
PMI Group sells mortgage unit for $144 million (BizJournals) Credit Suisse First Boston announced today it would acquire a mortgage servicing unit from PMI Group Inc. and two other investors for $144 million.read more...
Buying, selling creates dilemma in tough real estate market The slowing real estate market is creating a dilemma for people who want to buy houses at discounted prices but are having trouble selling their own homes.Commentread more...
July 31st, 2007
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