Home sales forecast cut due to incoming tighter mortgage rules

Home sales forecast cut due to incoming tighter mortgage rules

OTTAWA — The Canadian Real Estate Association has cut its home sales forecast for next year due to the impact of tighter mortgage regulations that come into effect New Year's Day, which are expected to rein in spending for some buyers. The association said in an updated projection Thursday the
See Original Article

Top Korean Banks Work with Japan Bank Consortium to Modernize Cross-border Payments

The ability to send money globally in real time has caught fire in the international financial industry. Large banking groups, such as the Japan Bank Consortium, are leading the charge. The Japan Bank Consortium — a coalition of 61 banks in Japan, organized by SBI Ripple Asia — has announced the
See Original Article

Airtel Bank A/Cs swell 3.5 times in 3 months with DBT credits

State-run oil companies and the oil ministry have written to Airtel Bank, Department of Financial Services and National Payments Corporation of India (NPCI) about this, but that hasn't helped. In its latest communication to NPCI, a state-run oil company has again requested deseeding of Airtel Bank
See Original Article

How easy is it to get into the housing market?

This could be a great time to be getting into the housing market if you're looking to buy. That's because the rate of growth for the price of homes is growing a lot slower than it has in the past but that isn't so good for those looking to sell their homes. Are you finding it challenging to sell your home?
See Original Article

Malaysia's Central Bank Releases Draft Rules for Cryptocurrency Exchanges

Malaysia's central bank has published new draft regulations for cryptocurrency exchanges that operate in the country. On Thursday, Bank Negara Malaysia announced the move in a release on its website, asking the public to weigh in on measures aimed at easing money laundering and terrorist
See Original Article

Rents to rise as state sells affordable units to private real-estate developer

The state will sell thousands of affordable rental apartments to a private real-estate developer, which could mean less of a burden on taxpayers, but a price hike for residents. The Hawaii Housing Finance and Development Corporation Board of Directors selected Nou ka Hale, a joint venture between
See Original Article

Why real estate should NEVER be under GST

If the government tries to bring in real estate under GST now, it will be a typical case of biting more than what one can chew, says Sukumar Mukhopadhyay. | Why real estate should NEVER be under GST.
See Original Article

BidaskClub Downgrades Investors Title (ITIC) to Hold

Shares of Investors Title (NASDAQ ITIC) traded down $3.42 on Tuesday, hitting $184.10. 4,900 shares of the stock traded hands, compared to its average volume of 3,380. The company has a market capitalization of $353.86, a price-to-earnings ratio of 16.82 and a beta of 0.81. Investors Title has a 52
See Original Article

Los Angeles' Power Women Exemplify Leadership In Commercial Real Estate

CBRE Senior Vice President Natalie Bazarevitsch stepped on the stage, looked at the crowd and saw inspiration. Hundreds of women filled the crowd at the Bisnow's LA Power Women Series: Leaders In Commercial Real Estate held Dec. 13 at the Bank of America Plaza in downtown Los Angeles.
See Original Article

NAB boosts unsecured lending to SMEs

NAB has signalled a potential rise in competition among the major banks to secure SME customers, with the announcement it will double the value of unsecured loans available to businesses. “There is often a perception that access to credit is difficult without a property or other major asset to secure
See Original Article

Lending a Helping Hand

It's that time of year again. The seasons are changing, leaves are falling and sun rays are few and far between as darkness falls quicker than desired. The winter gear once tucked in the closet slowly makes its way frontward for easy access, as each day onward requires more layers. We're beginning to
See Original Article

Prices 'robust' but West Midlands housing market still subdued, says RICS report

Prices are still 'robust', largely because of the continued lack of stock, according to the latest residential market survey from RICS – the Royal Institution of Chartered Surveyors. But the overall market is subdued, with enquiries from new buyers, instructions from people wanting to sell their homes and
See Original Article

FNF Group of Fidelity National Financial Sees Unusually Large Options Volume (FNF)

FNF Group of Fidelity National Financial logo FNF Group of Fidelity National Financial, Inc. (NYSE:FNF) was the target of unusually large options trading activity on Monday. Traders acquired 714 call options on the company. This is an increase of approximately 567% compared to the typical daily
See Original Article

Insider Buying: Pantheon International PLC (PIN) Insider Buys 425 Shares of Stock

Pantheon International logo Pantheon International PLC (LON:PIN) insider Susannah Nicklin purchased 425 shares of the firm's stock in a transaction that occurred on Monday, December 4th. The stock was bought at an average price of GBX 1,866 ($25.11) per share, with a total value of £7,930.50
See Original Article

Bisleri banking on fizzy fruit drinks, mineral water to double revenue

Mumbai: Bisleri International Private Limited, which sells Bisleri packaged drinking water, is banking on a revamped portfolio of fizzy fruit drinks and its premium mineral water brand Vedica for growth in the next 2-3 years, a top company executive said. Bisleri is looking to double its revenue from the
See Original Article

Trend Indicator Watch on This Stock: Global Real Estate Div Growers (GRL.TO)

After a recent look at shares of Global Real Estate Div Growers (GRL.TO), we have seen that the Percentage Price Oscillator Histogram level is under zero. Traders following the indicator may be using the reading to identify a possible sell. {csv|m:199|id:590|s:Name}} (GRL.TO) presently has a 14-day
See Original Article

Power Outage Affects Rockland Trust's Online, Mobile and Phone Banking

4 p.m. – Rockland has issued the following update: Earlier today a power outage temporarily impacted our systems. All Systems are now back up and operating as normal, including online and mobile banking. Your relationship is important to us and we apologize for any convenience this may have
See Original Article

Walkerville LGA cream of the crop in Adelaide housing market

AN ADELAIDE council district has proven itself to be a major power player in the Australian housing market, a new report shows. CoreLogic today released its latest quarterly Pain and Gain Property Report in which Walkerville was one of only seven local government areas across the country to have
See Original Article

Business Briefs: FCC to review rule on station ownership

Mortgage buyer Freddie Mac said Thursday that the benchmark 30-year home loan rate was down from 3.94 percent last week and 4.16 percent a year ago. The rate on 15-year, fixed-rate mortgages, popular with those refinancing their homes, was unchanged this week at 3.36 percent. It was 3.37
See Original Article

Oakland County housing inventory drops 30 percent from November 2016, still a seller's market

Oakland County's November housing market numbers show that inventory continues to drop and that the lack of supply is driving home price higher. According to numbers released by Realcomp, 107 fewer houses sold in the county compared to October while inventory of homes for sale decreased by
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.