Mortgage rates inch past 6 percent (Reg Req'd) Average mortgage rates have moved above 6 percent for the first time in six months, a bank research firm said Thursday.read more...
U.S. mutual funds exposed to mortgage turmoil (International Herald Tribune) U.S. mutual funds held mortgage-related debt securities issued by subprime lenders, indicating that some ordinary investors could be hurt by the turmoil in the U.S. mortgage market.read more...
Housing market sends more mixed signals After a solid showing in the first quarter, existing home sales in the state fell in April, down 5.3 percent from the previous month, according to the Alabama Real Estate
City-owned subdivision lots go on sale in July Buyers get ready, the new lots at a proposed subdivision west of Golfview will be available for sale at the end of July, according to Britt City Clerk Jeanie Purvis.via
Briefing - Asia Economic News - May 3, 2005 An executive briefing on the economies of Asia for May 3, 2005, prepared by Asia Pulse , the real-time, Asia based wire with exclusive news, commercial intelligence and business opportunities.via
GuocoLand sells buildings to property trust Bhd, part of the Hong Leong Group, said it is selling two office buildings in prime locations to a property trust to raise money to repay debt.read more...
“This time, we’re in a bigger boom, and we face the possibility of a bigger decline”
U.S. home prices have fallen further since mid-2006 than during the 1990-91 recession and professional traders bet they’ll plunge up to 10 percent more the next year. via Boston.com
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