Numbers of mortgage defaulters will skyrocket (Newstalk ZB via Yahoo!Xtra News)
A prediction the number of New Zealanders defaulting on their mortgage repayments will skyrocket this year.
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Housing Starts Rebound Slightly, Building Permits Hit Nine-Year Low Construction on new homes improved in November rising 6.7% after a whopping 14% drop in October, the Commerce Department reported Tuesday. The continuing decline in permits is a sign of
CEMEX joins mix at the port The world's third-largest cement manufacturer is scheduled to unload its first large shipment -- 4,000 tons of cement mix-- at the Port of Pensacola early this morning, nearly three years
Fed's Braunstein Says Mortgage Delinquencies `Great Concern' (Bloomberg.com) March 27 (Bloomberg) -- The Federal Reserve has ``great concern'' about the surge in mortgage delinquencies and foreclosures, said Sandra Braunstein, director of the Fed's Division of Consumer and Community
Stocks turn mixed, despite mortgage news, Visa debut (USA Today) Stocks opened higher Wednesday, helped by news that the regulator of two major home finance companies eased their capital requirements so they can pump billions of dollars into the stressed
Mortgage holders to get another reprieve (Sydney Morning Herald) Mortgage holders will have at least a month to enjoy their tax cuts with the Reserve Bank set to leave interest rates on hold on Wednesday.read more...
Timing The Sale of a Home When Neighborhood Turns for the Worse You've owned your property for quite some time and have built quite a bit of equity. But if the area in which you live appears to be declining, is it