RBA expected to hold interest rates
THE Reserve Bank of Australia is likely to give mortgage holders an early Christmas present next week, when interest rates are expected to be kept on hold.
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Big debts carried by residents New Hampshire consumers keep more credit cards than their counterparts in any other state - and shoulder thousands more in personal debt.Commentread more...
Haldane High delays opening It's tough to tell who's sweating more as the new Haldane High School nears completion: the janitors who are polishing floors and moving boxes or the teachers and administrators who
U.S. Homebuyers Using Creative Mortgages OTHER FREE FEATURES Brokers Fiddle as Real Estate Burns Business: Technology should be making Realtors' work easier.read more...
Bush Demands Congress Send Him Legislation to Fix AMT WASHINGTON | President Bush demanded Saturday that Congress send him legislation that keeps middle-class Americans from being hit at tax time next year by the dreaded alternative minimum tax. more» read
Homes Unaffordable for U.S. Workers U.S. home prices may have dipped over the past year, but many American workers would still struggle to afford a median-priced home in major cities, a new study said on
Tyson: To sell your home, be realistic and do your research Q: We're having trouble selling our house. It's been on the market for more than nine months with the same agent. via Houston Chronicle read more...
November 30th, 2006
November 30th, 2006
Home prices growing at slowest pace in 8 years
U.S. home prices grew at an annual rate of 3.5% in the third quarter, the slowest rate of price appreciation seen in eight years, the Office of Federal Housing Enterprise Oversight reported Thursday.
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November 30th, 2006
Pound at highest against dollar since September 1992
LONDON: The pound reached its highest against the dollar in 14 years touching $1.9562 a pound Thursday, with investors and economists predicting it is a matter of days before it could be $2 a pound.
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November 30th, 2006
House prices up 1.4% in November compared to October
LONDON: U.K. house prices went up by 1.4 per cent in November, almost double the rate of growth in October.
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November 30th, 2006
Mortgage rates dip to 10-month low (Tacoma News Tribune)
WASHINGTON - Mortgage rates around the country fell this week, with rates on 30-year mortgages dipping to the lowest level since January.
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November 30th, 2006
Mortgage rates continue to drop (Philadelphia Daily News)
Mortgage rates around the country fell this week, with rates on 30-year mortgages dipping to the lowest level since January. Mortgage giant Freddie Mac reported yesterday that 30-year, fixed-rate mortgages averaged 6.14 percent, down from 6.18 percent last week. That was the lowest rate since the week of Jan. 26, when 30-year mortgage rates averaged 6.12 percent.
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November 30th, 2006
Confused by all the Mortgage Options? Here’s Help (Derby Daily Reporter)
(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, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan.
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November 30th, 2006
Mexico’s Banks To Swell Mortgage-Backed Security Pipeline (Nasdaq)
MEXICO CITY -(Dow Jones)- Mexico’s mortgage-backed securities market will soon get a lot bigger as commercial banks start looking to securitize a portion of their growing loan portfolios, according to industry executives and analysts.
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November 30th, 2006
Royal Bank scales back growth projects after record yearly profit
Royal Bank reported a record annual profit of $4.73 billion Thursday, the highest annual earnings ever reported by a Canadian bank, but scaled back its projections for growth in the new year.
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November 30th, 2006
Credit growth at lowest since July 2005
Credit growth in the private sector eased to its lowest level in 15 months during October as interest rate hikes took effect, the latest statistics from the Central Bank showed today.
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