Bank of Canada Reiterates Caution in Holding Rates Steady

Bank of Canada Reiterates Caution in Holding Rates Steady

The Bank of Canada kept borrowing costs on hold at its last interest rate decision of 2017 and reiterated it will be “cautious” with future moves, indicating it's in no rush to cool an economy that is very close to capacity. Policy makers led by Governor Stephen Poloz left the benchmark overnight rate at 1
See Original Article

On Twitter, Farmers Are Begging Trump Not to Bail on Nafta

Farmers showed up at the polls for Trump. Now they want him to do the same for them on NAFTA. By. Deena Shanker. @deenashanker More stories by Deena Shanker. December 6, 2017, 10:31 AM PST. President Donald J. Trump was largely supported by American farmers during the election, even
See Original Article

Parametric Portfolio Associates LLC Has $227.90 Million Position in Honeywell International Inc …

Hanson McClain Inc. raised its holdings in shares of Honeywell International by 0.4% in the first quarter. Hanson McClain Inc. now owns 810 shares of the conglomerate's stock valued at $101,000 after buying an additional 3 shares during the last quarter. Burt Wealth Advisors raised its holdings in
See Original Article

Freddie Mac Prices $1.5 Billion Multifamily K-Deal, K-GS1, Backed by Properties Controlled by …

MCLEAN, VA–(Marketwired – Dec 6, 2017) – Freddie Mac ( OTCQB : FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates) backed by fixed and floating-rate multifamily mortgages with seven and ten-year terms. The approximately $1.5 billion in K Certificates
See Original Article

Property values on the rise, tax bills to follow

Real estate assessments are likely to rise in Chesterfield next year, meaning more revenue for the county government and higher taxes for property owners. Though the finalized numbers won't be publicly available until late January, Chesterfield's office of budget and management projects that the
See Original Article

Sonoma Valley Bank trial draws to a close

Through that entity, Madjlessi and Lonich were later able to gain control of the apartment complex and get refinancing from government lender Freddie Mac. Lonich was to receive rent from the apartments totaling about $200,000 a year. He is accused of obstructing a subsequent criminal investigation by
See Original Article

Why We Should Kill the Mortgage-Interest Deduction Once and for All: Podcast

Under current law, homeowners can deduct interest on mortgage loans of up to $1 million for two houses, plus interest on home equity loans worth another $100,000. That currently costs the federal government about $70 billion in foregone revenue, making it one of the biggest “tax expenditures” in the
See Original Article

How Construction Loans Help Finance Your Dream House

Buying your dream house requires a mortgage, but building your dream house? Well, that requires a mortgage with a twist. Construction loans are shorter term, higher interest rate loans that cover the cost of building or rehabilitating a house. The lender pays a construction loan to the contractor — not
See Original Article

South Dakota Investment Council Has $1.16 Million Stake in Korn/Ferry International (KFY)

Texas Permanent School Fund raised its holdings in Korn/Ferry International by 0.8% in the 2nd quarter. Texas Permanent School Fund now owns 41,924 shares of the business services provider's stock valued at $1,448,000 after buying an additional 350 shares during the period. SG Americas
See Original Article

Desjardins Group lifts moratorium on pipeline lending

CALGARY – Quebec credit union Desjardins Group says it is dropping its moratorium on loans for pipeline projects in favour of a framework of general environmental and social responsibility practices that will inform all future lending decisions. Spokeswoman Chantal Corbeil says the decision ends
See Original Article

Without Immigrants, the Fortune 500 Would Be the Fortune 284

Home » News » Without Immigrants, the Fortune 500 Would Be the Fortune 284. Without Immigrants, the Fortune 500 Would Be the Fortune 284. PhilanthroPOST logo. Wednesday, December 6, 2017. Read more @ CityLab. Find More By. News type. Sector News. Funding Area. Immigration.
See Original Article

American International Group Inc. Raises Stake in Hemisphere Media Group Inc (NASDAQ:HMTV)

American International Group Inc. raised its holdings in Hemisphere Media Group Inc (NASDAQ:HMTV) by 10,011.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 978,609 shares of the company's stock after buying an additional 968,931
See Original Article

Bitcoin Is Still a 'Joke,' These Finance Giants Say

In this photo illustration a man shows an application for Bitcoin in front of a window of the offices of the bank “La Maison du Bitcoin” on December 05, 2017 in Paris, France. The value of the digital Cryptocurrency, Bitcoin, has increased tenfold since the beginning of the year with the price of Bitcoin now
See Original Article

Numis profits driven by record year for investment banking fees

A record 12 months of investment banking revenues has helped the co-chief executives of Numis deliver an 18% profit rise in their first year in charge at the UK stockbroking firm. Numis said today that pre-tax profits for its financial year ended September 30 rose 18% to £38.3m on the back of a 16%
See Original Article

Sales in New Zealand's biggest housing market in Auckland bounced back in November

Residential property sales in New Zealand's biggest housing market in Auckland bounced back in November after two months of slowing growth, the latest index shows. It means that the Auckland market is holding firm and buyers are returning, according to Kiri Barfoot, a director of Barfoot & Thompson
See Original Article

How Much is Trump Worth? Mueller's Deutsche Bank Subpoena Could Solve the Mystery

Robert Mueller's reported request to Deutsche Bank for information on Donald Trump's loans indicates the special counsel has now crossed a “red line” the president identified months ago, and could ultimately solve the mystery of how much Trump is really worth. The accounts in at least five separate
See Original Article

Dallas medical real estate firm buys $167 million in buildings

A Dallas real estate developer and investor has purchased a dozen buildings, including a project in Plano. Caddis Partners LLC said it expects to buy 15 properties valued at $167 million by the end of the year. The healthcare real estate market last month launched a new investment fund that purchased
See Original Article

Glassdoor: These are the best-rated places to work in real estate

And every year, the website releases its Glassdoor Employees' Choice Awards for the Best Places to Work. And every year, Facebook pretty much takes the top spot. But how do real estate companies do? How many reach the top 100 place to work, as rated by the people who work there? Well, there are
See Original Article

A Bitcoin Frenzy Like No Other Is Gripping South Korea

While neighboring Japan hosts more transactions by some measures, Korea punches far above its weight: In the 24-hour period through Wednesday evening in Seoul, about 21 percent of the world's bitcoin trades on fee-charging venues involved the Korean won, according to Coinmarketcap.com.
See Original Article

Mortgage Application Levels Bounce Back With Gusto

Prospective homebuyers shook off their Thanksgiving weekend dopamine haze and returned to their lenders' offices, according to the Mortgage Bankers … The Refinance Index increased by nine percent from the previous week, while the refinance share of mortgage activity increased to its highest level
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.