Indiabulls Real Estate today reported nearly 21-fold jump in consolidated net profit to Rs 1,648.3 crore for the quarter ended March. Its net profit stood at Rs 79.8 crore in the year-ago period, the Mumbai-based developer said in a BSE filing. The company's total revenue also rose to Rs 2,028 crore in the
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The London Stock Exchange Group's (LSEG) Q1 total income was up 13 percent year-on-year to £520 million on an organic and constant currency basis. The exchange reported that information services revenues were up 16 percent from Q1 last year with continued double-digit growth at FTSE Russell.
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The yield broke through the 3% ceiling in the early morning hours of April 25 but it is unlikely mortgage rates followed in lock step. “There's a lot of competition for not a lot of lending activity. And the industry has learned over the last couple of years that too rapid of a rate increase results in sticker shock
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CHAMPAIGN COUNTY, Ill. (WCIA) — Rising mortgage rates are hurting the housing market in the county. The Champaign County Association of REALTORs reports a total of 207 closed sales in March 2018, down over 2 percent from last March. The median home sales price fell nearly $5,000 from
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Recent gains in mortgage applications retreated as rates rose sharply for the week ending April 20, according to the Mortgage Bankers Association (MBA). Total mortgage applications fell 0.2% on a seasonally adjusted basis from the previous week. Purchase applications remained unchanged, but
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ALSO READ: Burned Out Mountain View Home On The Market For $1.48 Million. Santa Clara County is currently seeing the highest rate of change in year-over-year estimates, according to CoreLogic. Median home prices jumped 33.6 percent from $898,000 in March 2017 to $1.2 million in March 2018.
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Mortgage applications dipped as key interest rates grew to their highest level in five and a half years, according to the Mortgage Bankers Association's Weekly Mortgage Applications Survey. The Market Composite Index declined 0.2% on a seasonally adjusted basis for the week ending April 20.
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With mortgage rates increasing, home prices on the upswing and a dearth of affordable properties, spring home buyers are going all in on the amount of money they are borrowing in hopes of winning the bidding wars that are breaking out in some segments of the country. According to a report by CNBC,
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âIn our business the markets don't just go up; markets go down too,â he said in the Bloomberg TV interview. âIf you have an exceptionally successful business model and you're one of the FAANGs, do you want to move into a business where 40 percent of the time you're going to disappoint your clients?â.
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Strong buying interests of foreign funds and the bullish outlook of their domestic counterparts on Wednesday helped the Qatar Stock Exchange drive through positive trajectory, albeit at lower levels. Transport, insurance, banking and realty counters witnessed higher-than-average demand as the
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(NEXSTAR) – The Dallas Cowboys defensive line took a small step forward in 2017 with the elite play of Demarcus Lawrence, however, they are still looking for another bookend to make plays. Da'Shawn Hand could be that guy. Experts project the defensive lineman to be taken in the second round.
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Whitbread's Costa business could be valued at 2.39 billion pounds ($3.3 billion), according to the median estimate of nine analysts surveyed by Bloomberg News. The planned spinoff comes as competition among the world's biggest coffee companies heats up, with Nestle SA acquiring Blue Bottle
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April 25 (Reuters) – U.S. FTC -. * U.S. FTC CHARGES LENDING CLUB WITH DECEIVING CONSUMERS. * CHARGED LENDINGCLUB WITH FALSELY PROMISING CONSUMERS LOANS WITH âNO HIDDEN FEES,â. * LENDINGCLUB DEDUCTED HUNDREDS OR EVEN THOUSANDS OF DOLLARS
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NEW YORK–(BUSINESS WIRE)–Ares Commercial Real Estate Corporation (NYSE: ACRE) announced today that it will release financial results for the first quarter ended March 31, 2018 on Tuesday, May 1, 2018 prior to the opening of the New York Stock Exchange. The Company invites all interested
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In cities like Seattle, Los Angeles, even Nashville, luxury home sales are booming with the rise of billion-dollar tech start-ups, newly minted millionaires and increasing investment from well-heeled foreign buyers. In Cincinnati – not so much. The dynamics driving the luxury market in other cities just aren't
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Mortgage rates at a 4-year high could be weighing on America's housing market. Mortgage applications dropped last week for the fourth time since mid-March, down 0.2 percent, as the average 30-year fixed loan rate rose to 4.73 percent, according to the Mortgage Bankers Association. The trend raises
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Mortgage and title insurance companies licensed in New York need to file disaster response plans this year in line with increased state attention to business continuity planning. The New York Department of Financial Services previously directed property and casualty companies to fill responses to a
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Congress also proposed blocking Huawei from government contracts and urged phone carriers to cut ties with the company due to national security concerns. The DOJ said it âgenerally does not confirm, deny, or otherwise comment on the existence of investigations.â Fortune also reached out to Huawei
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