Finance & Mortgage
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European Banks Have $3 Trillion of Exposure to Emerging Markets
Shares Steadier as Emerging Market Sell-off Eases
EDITOR'S PICKS
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Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
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Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
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How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
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What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
Turmoil in emerging markets and a month of disappointing job growth at home are unlikely to deter the Federal Reserve from trimming its bond-buying stimulus on Wednesday, as Ben Bernanke wraps up his last policy meeting at the helm of the U.S. central bank. U.S. Real Estate Market 2014: The Good, the Bad and the ‘Question’
Another year has gone by. America’s economy is on the rebound and the housing market is mapping a steady growth as well. If all the mixed activity of 2013 has got you confused about if you should invest in the property market or not, here is your answer. U.S. New Home Sales Post Modest Drop in November but Mapping Steady Growth
In a latest report released by the National Association of Home Builders (NAHB), it was revealed that the sales of newly-built single family homes fell slightly in November. However, experts say that the pace of sales is steady and is a reflection of a strengthening market and economy. Lower Home Affordability Driving Rate of Homelessness in U.S.: Study
The rate of homelessness in some major cities of the United States has been climbing at an alarming pace despite a steady economic growth, according to a survey by The United States Conference of Mayors. Low housing affordability was one of the major causes of homelessness. Fannie Mae and Freddie Mac Raising Mortgage Guarantee Fees
Fannie Mae and Freddie Mac, the two government backed mortgage lending giants have announced that they will be raising loan guarantee fees by an average of 10 points or one-tenth of a percent starting March 2014, according to several news reports. The move comes in an effort to allow private lenders compete in the housing loan market. U.S. Home Sales Fell in October on Limited Supply, High Mortgage Rates and Partial Govt. Shut-Down
Sales of existing homes in the U.S. fell 3.2 percent on a month on month basis due to a tight inventory supply, high mortgage rates and the 16-day partial government shutdown, according to a latest report by the National Association of Realtors. U.S. Housing Affordability Declines as Mortgage Rates and Home Prices Spike: NAHB
According to a recent report by the National Association of the Home Builders (NAHB), housing affordability declined across the U.S. in the third quarter of 2013 as home prices soared and interest rates jumped. Dish Closing Down 300 Blockbuster LLC Stores Across US
Dish Network Corp. is reportedly pulling the shutter on the 300 remaining stores of its subsidiary home entertainment giant, Blockbuster LLC. It announced in an official statement Wednesday that the outlets will be shut down by January 2014. ‘Transformer 4’ Director, Michael Bay Attacked on Hong Kong Sets by Shopkeeper Demanding Rent for Space Invasion and Disturbance
A latest incident might be a reflection of the growing frustration of shop owners in Hong Kong on the rising property costs in the area. Michael Bay, the director of the upcoming sequel to sci-fi flick ‘Transformer 4’ was attacked by a shop keeper on the sets of the movie, according to several news reports. Empire State Building IPO Disappoints; Raises $929.5 Million at $13 per Share
The Empire State Realty Trust (ESRT) debuted on the New York Stock Exchange Wednesday, raising $929.5 million in its Initial Public Offering (IPO) pricing 71.5 million shares at $13 per unit, according to several news reports. The IPO under-performed, gaining only a modest 3 percent in early trading.
