British House Prices Post First Annual Decline in Six Years

British House Prices Post First Annual Decline in Six Years

U.K. house prices recorded an annual drop for the first time in almost six years at the start of 2018, with London leading the slump. Values fell 0.4 percent in January compared with a year earlier, according to a report published by Acadata on Monday. Detailed data covering the fourth quarter of 2017
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Can Ellington Residential Mortgage R (NYSE:EARN)'s Tomorrow be Different? The Stock Had …

Investors sentiment decreased to 2.11 in 2017 Q3. Its down 4.75, from 6.86 in 2017Q2. It dropped, as 6 investors sold Ellington Residential Mortgage REIT shares while 12 reduced holdings. 11 funds opened positions while 27 raised stakes. 8.71 million shares or 45.20% less from 15.89 million shares
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Why HNA Needs to Fail

The latest news leaked out of China's troubled HNA Group Co. is not good. Management has asked its employees to hand their paychecks over, with promises of big returns down the road. It is a pretty safe assumption that any company willing to try such a scheme is tottering on the edge of the financial
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Banks to fund more housing units

“It is encouraging to note that the highest number of housing units continues to be targeted at low income households in the high density areas. “Significant imbalances, however, exist in the housing market, wherein demand outstrips supply and to this end, the banking sector plays a central role in
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Banking royal commission underway

The Royal Commission into misconduct and bad behaviour in the banking industry begins this morning.
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Napa company sues former employees for allegedly taking confidential information to competitor

The suit alleges that Larry Frattini, former senior escrow officer, president and longtime member of the company's corporate board, and Mitchell Glotzer, former chief administrative officer, vice president and member of the board of directors, both knew that Placer Title Company would be opening a
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Gold as a Strategic Asset

During the 2008-09 crisis, for example, “hedge funds, broad commodities and real estate, long deemed portfolio diversifiers, sold off alongside stocks and other risk assets.” That was not, though, true of gold. Gold investors benefit from the fact that gold is both deep and liquid. By the WGC's estimates,
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'I wouldn't want to go up against them alone': Vulture fund ramps up taking homeowners to court

“It does not engage in new mortgage lending. However, it holds mortgage loans, which it acquired from other lenders.” It goes on: “When a customer is in arrears or in financial difficulty, changes to the variable interest rate may be offered as part of an alternative repayment arrangement or restructure of
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May Starts Drive to End the Conservative Civil War Over Brexit

MANCHESTER, UNITED KINGDOM – FEBRUARY 06: British Prime Minister Theresa May delivers a speech on public life to mark the centenary of women's suffrage in the UK on February 6, 2018 in Manchester, United Kingdom. On February 6, 1918, the Representation of People Act was passed which
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New housing tax rules take effect

For the purchase of a third property and over, the additional stamp duty will be 10 percent of the property value. According to Chief Executive Chui Sai On, the new rules aim to promote the healthy development of Macau's property market. Speaking to reporters last week, Chui urged members of the
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Firm addresses industrial challenges of real estate practice in Nigeria

… brighten for Nigeria in keeping with the increasing demand for real estate practice in the country, as a law firm, Prince Joel and Associates, has launched a book addressing industrial challenges in the industry. The thriving real estate sector in Nigeria is not without its peculiarities and emerging trends,
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Banks inquiry's first focus on lending

Inappropriate lending practices across home loans, car loans and credit cards will be the focus of the banking royal commission's first public hearing. Evidence before the royal commission suggests consumers have not always enjoyed the right to be treated honestly and fairly when it comes to home
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Australian 'big four' to align their data-sharing ducks ahead of Open Banking

The federal government in November announced a new Consumer Data Right, allowing individuals to “own” their data by granting them open access to their banking, energy, phone, and internet transactions, as well as the right to control who can have it and who can use it. The first sector of the
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Multicolored Crystal Fortune Cookie 5K Run She Believed She Could Charm Beads

Silvertone Multicolor Crystal Fortune Cookie 5K Run She Believed She Could Charm Beads (Set of 2). Charm size is approx. 0.59 x 0.45 x 0.23 inches (HxWxD) including loop. 5K Charm Hanger Bead is approx. 12x6x12 mm (HxWxD) Hole size: 5.5 mm. Our Charm Beads are compatible with most
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Bank of America to close two Mystic locations

Mystic — Bank of America has announced that it will be closing both of its Mystic branches, located at 54 West Main St. and 31 Williams Ave., on May 15. The West Main Street location is a financial center in the stately, circa-1930 building next to Mystic Pizza, while Bank of America describes the tiny
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Trump administration hopes to turn ISS into real estate venture: reports

Trump administration hopes to turn ISS into real estate venture: reports. By Kevin Nielsen … A budget proposal, which is expected to be released Monday, states the Trump government is seeking to turn the ISS into a private real estate venture, according to documents obtained by the Washington Post.
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A 'stocktake' of the housing market commissioned by the Govt paints a 'sobering impact of the …

The report assesses the entire housing continuum from homeownership and market renting, to state housing and homelessness, and the social cost of substandard housing. “The stocktake highlights the increasing number of elderly facing housing-related poverty because fewer and fewer are mortgage
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Sydney's property market cools

Sydney's property market is cooling off after five hot years creating an opening for some bargain prices — though not right away. Prices are expected to drop between 5 and 10 percent in 2018 and many are attributing the changing market to tighter lending rules introduced by the Australian Prudential
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Bullet Trains Are Transforming the World's Biggest Migration

Millions of Chinese cram onto trains to make the annual pilgrimage home for the Lunar New Year holiday. It's a crowded and often uncomfortable experience that is rapidly being transformed by the country's push into the world of high-speed rail. China already has the globe's longest bullet-train network,
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How Bundaberg home owners can save $5000 a year

WOULD you like to turn your home loan into a super stash of cash? With a little legwork, thousands of Bundaberg households could find more than $5000 in their pockets by year's end. In our region, 10,135 home owners have a mortgage, with the median monthly repayment sitting on $1322, according
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