``Analysts at Deutsche Bank AG, one of the biggest underwriters of bonds tied to U.S. commercial mortgages, say now it's time to bet against the securities. The bonds are vulnerable because they are supported in part by leases from retailers,...Show More Summary
``Marine Le Pen's bid to become French president has become embroiled in a police investigation after her bodyguard and chief of staff were questioned and placed in custody Wednesday. Thierry Legier and Catherine Griset are alleged to have been paid for non-existent jobs at the European Parliament.''
Swelling supplies of apartment units are prompting big banks to pull back from new projects, forcing developers to scramble for capital, in a sign that the U.S. apartment industry headed for a downturn. The apartment sector, which contributes...Show More Summary
``Home prices in Greater Toronto have become "dangerously detached" from economic fundamentals and are soaring simply on the belief that they will continue to soar, he wrote. "The market is far too hot for comfort."...... Toronto is just an a example. Show More Summary
When you get qualified for a mortgage, you get approved for your unique situation: your income, your debt, and your credit. Also, lenders check that the property is a good fit for you, which is done through an appraisal. Show More Summary
Rates are low, home prices are up, and lenders are loosening cash out refinance rental property guidelines. How to cash out a rental, putting the equity to work.
The convertible HELOC combines the flexibility of a HELOC with the stability of a fixed interest rate.
The average American home costs around $200,000. That means if you are getting a mortgage under the umbrella of Fannie Mae and Freddie Mac, you must put down around 5 to 20 percent of the property’s sale price. That is about $10,000Show More Summary
Arguably, the biggest threat to homeownership is not the down payment or the mortgage rate. It is oftentimes the lack of knowledge and patience on the part of would-be homebuyers to seek out not just the perfect home but the right mortgage that goes along with it. Show More Summary
Home values are rising, and buyers have decided homes are a good investment. Home purchases have dominated the market 2 straight years.
You... have an American public, and a mass media, who do not question the premise of a massive "infrastructure" spending project to re-boot the foundering economy. If you ask what they mean by that, you will learn that they uniformly see rebuilding our highways, bridges, tunnels, and airports. Show More Summary
Asylum seekers cross illegally because Canada's policy under the Canada-U.S. Safe Third Country Agreement is to turn back refugees if they make claims at border crossings. But as U.S. President Donald Trump cracks down on illegal immigrants,...Show More Summary
It pays to be a veteran. Using VA Benefits and the G.I. Bill, military borrowers get access to lower rates than the general U.S. population.
The home improvement chain has benefited from a stronger economy and rising home values, which have encouraged shoppers to invest in their homes. Even as the company faced tough comparisons from the prior-year period, analysts expected it to perform better than the broader retail space due to this ongoing shift in consumer spending. Show More Summary
``"Financial market reconciliation lies ahead," said David Kostin, Goldman's chief U.S. equity strategist. "We are approaching the point of maximum optimism and the S&P 500 will give back recent gains as investors embrace the reality that tax reform is likely to provide a smaller, later tailwind to corporate earnings than originally expected."''
"We are going to go for much higher levels of compliance because of the very high level of stocks that we have brought over with us from 2016," Mohammad Barkindo, secretary-general of the Organization of Petroleum Exporting Countries, said in a Bloomberg television interview in London. Show More Summary
HSBC's full-year profit slumped 62 percent and fell far short of forecasts on Tuesday as the bank took hefty writedowns from restructuring and flagged near-term brakes on revenue growth... HSBC made profit before tax of $7.1 billionShow More Summary
VA loans, or loans through the Veteran’s Administration, are special loan programs for veterans that require qualification. If you are looking at VA loans, you have probably heard of some of the great benefits:...Show More Summary
If you want to find a mortgage lender with the best deal and service, you'll need to shop a bit and obtain several mortgage quotes. Compare various combinations of interest rate and costs until you find the one that's right for you.
If you owned a home between 2006 and 2011, there’s a good chance that you saw your home’s value sour from all-time highs to all-time lows. In 2012 alone, the short sale accounted for 22 percent of all home transactions. By 2010, almost one quarter of U.S. homeowners had underwater mortgages, with balances exceeding their property […]