Finance & Mortgage

Home Prices Climb Further in August

Home prices gained further traction in August, the latest sign that the housing market is on the mend, a closely watched survey showed on Tuesday.

Insurers Must Set Aside More Capotal for Mortages

Insurers must set aside more capital against their mortgage-related investments to protect against possible future downturns in the housing market, state regulators agreed on Friday.

Mitsubshi Targets Growth of Tiny Property Funding Business

Japan's top trading house Mitsubishi Corp is expanding its small real estate financing business to benefit from rising property purchases by foreign investors in the country and an expected jump in refinancing of loans, a senior executive said.