The Housing Boom It's been a week full of good news for the housing market. Sales of new single family homes rose to a record rate in April.via
Money market engulfed by discount rate hike Recorder Reportkarachi Strong rumours gripped money market last week that the central bank might raise discount rate by 0.75 to 1.50 percent following the auction of one-year treasury bills where cut-off yield
Vital Signs For The Week Of Oct. 31 On Tap: The October Employment Report, Third-Quarter Productivity, September Personal Income, The ISM's Business Activity Reports, And More It's unclear just how much slack is left in the U.S. economy.read
Mortgage Rates Dip Slightly (Fox News) According to Freddie Mac, mortgage rates declined slightly this week on hopes of a coming halt to rate hikes.read more...
GMAC Commercial Mortgage Corporation Arranges $21.965 Million in Refinancing for a Florida Multifamily Property (Business Wire via Yahoo! Finance) GMAC Commercial Mortgage Corporation has arranged $21,965,000 in refinancing for an Orlando, Fla., multifamily property.read more...
SUSAN TOMPOR | FREEP INSIDER: Look at all the costs of a mortgage (Detroit Free Press) If you're refinancing a mortgage or getting a new one, you want to pay careful attention to all the costs. Don't just focus on the initial interest rate somebody might
“Our banks with overseas presence have confirmed that they have insignificant exposure to the US sub-prime mortgage market”
Indian banks’ exposure to US sub-prime mortgage insignificant, says central bank Banking regulator Reserve Bank of India today said Indian banks with overseas presence have insignificant exposure to the US … via Business Standard
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