Emaar shares on peak
Shares of leading United Arab Emirates real estate firm Emaar Properties has reached its 7.8 per cent peak
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Fears grow mortgage rate could hit 4% by 2007 end MORTGAGE rates could hit at least 4% by the end of 2007, according to unnamed European Central Bank sources.read more...
California, Ohio, Florida Lead in Foreclosure Rates California cities accounted for seven of the top 25 metro areas with the highest foreclosure rates in the country, while Florida and Ohio each took five of the top spots.
PM 'ignored Reserve's rates warnings' THE Federal Government must take responsibility for the latest interest rate rise, Labor has said.read more...
Existing Home-Sales Tumble Lowest Pace In Ten Years Demand for previously-owned homes slid more than expected in September amid continued problems in the mortgage market. read more...
U.S. steps up mortgage industry probe (Moldova.org) Federal investigators are stepping up their probe of U.S. mortgage industry practices, The New York Times reported Sunday.Citing a government official who had been briefed on the matter, the newspaper
Never Underestimate Ability of Government and Leaders to Be Stupid via