Finance & Mortgage
Australian Building Permits Drop Unexpectedly in January
Fred Durst's Los Angeles Home Hits the Market for $1.85 Million
Zsa Zsa Gabor's 'Argo' Bel-Air Mansion Finally Sells
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?
While we've been seeing a huge drop in interest rates in recent months, The Federal Reserve are livid at the fact that American banks are cashing on the swarm of home-buying and mortgage loan refinances, reported The Economist. Florida Sinkhole Consumes 36-year-old Man From His Bedroom
A 36-year-old Florida man went missing from his home after a large sinkhole sunk his bedroom on Thursday night, reported Los Angeles Times. China's New Mortgage Rules, The Latest Efforts To Cool Real Estate Market
As China's housing market displays an extreme price gap between the biggest and the smaller cities, Chinese central banks are increasing down-payment costs and interest rates for second-home mortgages, reported Bloomberg Businessweek. 30-Year Fixed Mortgage Drops to Historic Low 3.51 percent
This week the average U.S. rates on fixed mortgages hit a new record low--at 3.51 percent for 30-year fixed mortgage, reported The Associated Press. UK Bedroom Tax May Drive Residents into Expensive Rentals
The U.K. “Bedroom Tax” which is slated to come into effect from April 2013 might cost the local and council housing association tenants a fortune, while also forcing them to pay more in taxes. However, following constant charges from housing associations and charities, Iain Duncan Smith, U.K. Secretary of State for Work and Pensions has been forced to review the reform. Real Estate: Short Sales Skyrocketed in 2012
The number of homeowners who resorted to short sales in order to get out from under mortgage debt dramatically increased last year. Privatizing Long Island Power Authority, Can It Lower Electric Bills For Long Island Families?
Governor Cuomo wants to privatize Long Island Power Authority, LIPA, in an effort to lower electric bills for families, reported WNYC.org. Canada Mortgage and Housing Corp. Hiding From Buyers The Homes Were Foreclosures
Canada's national housing agency is being questioned on whether they're selling properties that were foreclosed, reported The Financial Post. Debra Messing Sells Bel-Air Home for $11.4 Million In Less Than a Month
Funny lady Debra Messing just sold her Bel-Air home for $11.4 million, reported Zillow blog. Funny lady Debra Messing just sold her Bel-Air home for $11. FBI and HUD Raid Elias Realty Livonia and Brighton Offices
The Federal Bureau of Investigation (FBI) and the Department of Housing and Urban Development (HUD) searched offices of Elias real estate and Financial Services in Livonia and Brighton in South Michigan on Wednesday, Feb.27, for a possible mortgage fraud.
