Creative Way to Sell a House New figures out show more signs the housing market is cooling off. New construction permits fell for the seventh month in a row and more than analysts had expected.read more...
Allianz raises stake to 8% in Hungarian mortgage lender FHB (Budapest Business Journal) Allianz AG , Europe's largest insurer, increased its stake in Földhitel és Jelzálogbank Nyrt, Hungary's second-largest mortgage lender, to 8%. Allianz raised the holding through its local unit on July
HSBC in Canadian mortgage deal (Financial Times) HSBC yesterday bought a Canadian mortgage broker for an undisclosed sum. The bank acquired all the ordinary share capital of Invis, one of Canada's largest independent mortgage brokers. Invis negotiated
WorldCom scandal changed fortunes Kevin Langford lost what amounted to more than a year's pay when WorldCom stock plummeted, but these days it rarely crosses his mind.Commentread more...
Is a 52-year mortgage a wise idea? (Reuters via Yahoo! UK & Ireland News) Gone are the days of the maximum 25-year mortgage; these days homeowners can repay their home loan over as much as 52 years.read more...
HOW TO Choose a Mortgage Lender (St. Augustine Record) Shopping around can save you money, and when you are looking for a mortgage lender, the dollars you save can total thousands. You've probably tried quitting once; maybe you even
Mortgage applications in the U.S. rose 2.4 percent last week, led by gains in refinancing. The Mortgage Bankers Association’s index of applications to buy a home or refinance a loan rose to 673.2 from 657.4 the prior week.
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