$60 Billion Refinance Package for GMAC?s Mortgage Lender (NYTimes.com via Yahoo! Finance) The financing package aimed to improve the liquidity of its struggling subsidiary, mortgage lender Residential Capital.read more...
Confused by all the Mortgage Options? Here's Help (Hornell Evening Tribune) (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,
Your Money Matters: Dealing with Rising Mortgage Interest Rates (Hornell Evening Tribune) (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans
ArmeconomBank to Issue First Ever Corporate Bonds in Armenia ARMECONOMBANK TO ISSUE FIRST EVER CORPORATE BONDS IN ARMENIA YEREVAN, DECEMBER 10.read more...
March 15, 2002 DIRECT Newsline The House Folds Mar 15, 2002 12:00 PM, BY RICHARD H. LEVEY The Columbia House Co.read more...
Homes Prices Correcting, Buyers Returning Home sales appear to be bottoming out with lower home prices attracting buyers in many areas of the country, according to the National Association of Realtors.Commentread more...
New construction for single-family homes in January plunged by 40 per cent compared with a year ago in the Calgary census metropolitan area, but the multi-family market rose by 78.5 per cent, according to data released Friday by Canada Mortgage and Housing Corp.
The cold weather during the month contributed to the reduction in construction activity for the single-detached market, bringing it to the lowest January monthly level since 1996.
Increased competition from resale homes will also have a dampening effect on the demand for new single-detached homes through much of 2008, said the CMHC.
read more…
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