Growing demand in Toronto region's February housing market: TRREB

Growing demand in Toronto region's February housing market: TRREB

As more buyers, who were temporarily impacted by the 2017 Ontario Fair Housing Plan and OSFI mortgage stress test, move back into the market,
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Amazon Video Executive Greg Hart Resigns for Role at Compass

He'll report to Chief Executive Officer Robert Reffkin, according to a statement Thursday that confirmed an earlier report by Bloomberg News.
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What Is Mortgage Insurance and Who Needs It?

FHA loans: If you're getting an FHA loan, mortgage insurance will always be required both upfront and annually (spread across your monthly mortgage
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Financial Markets Need a Temporary 9/11-Style Shutdown

Shouldn't markets be next? Photographer: Alex Wong/Getty Images North America.
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Coronavirus fallout cut interest rates. So why did mortgages get pricier?

So why did mortgages get pricier? Average fixed-rate mortgage was 3.36% this week, up from a record low 3.29% a week earlier.
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Showroom showstopper

Cushman & Wakefield arranged a 10 year lease at 36 East 57th Street, which is at the base of the historic property. The carpet company will occupy
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Amid rising uncertainty, he paid $5.5 million for commercial real estate in Albany. He's not worried

Albany commercial real estate investors and veteran brokers aren't sensing immediate impacts on the economy despite the growing public fear about
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Blockchain conference planned for Mount Pleasant; successor named for retiring UPS chief

… level since mortgage buyer Freddie Mac started tracking it in 1971. The average rate on the 15-year fixed-rate mortgage slipped to 2.77 percent from
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COVID Slows Real Estate Market During Peak Season

COVID Slows Real Estate Market During Peak Season. Buyers and sellers less willing to brave face-to-face contact with looming fears of pandemic.
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Former FDIC chairman, banking veteran launch bank consulting firm

William Isaac is ready to try his hand at another bank consulting venture. Isaac, former chairman of the Federal Deposit Insurance Corp. and Fifth Third
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Why Real Estate Stocks Plunged Today

Real estate stocks plummeted across the board on Thursday, as fears that the COVID-19 coronavirus pandemic would drive the U.S. economy into a
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Budget announcement – stamp duty surcharge introduced for overseas buyers

The additional surcharge only applies to homes in England, where the majority of overseas buyers purchase properties – mostly in London and the
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PropertyGuru enters mortgage financing in Singapore

Called PropertyGuru Finance, this new platform will offer comparative mortgage rates across eight lenders like DBS Bank, OCBC Bank and Citibank for
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RMBS Litigation Relating to Loans Sold Prior to 2008: Are We Finally Nearing The End?

On another front, Wells Fargo continues litigating against the FHFA regarding loans sold by Wells to Freddie Mac. The alleged magnitude of the claims
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Unicredit encourages remote banking during virus scare; limited number of branches to remain open

UniCredit is working actively to ensure all banking services are available through remote channels. The list of branches that will remain open is available
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UK Treasury and BoE Urge Bankers to Help Firms Through Virus Crisis

LONDON — British finance minister Rishi Sunak and Bank of England Governor Mark Carney met banking industry representatives on Thursday to
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Coronavirus Impacts on Reverse Mortgage Operations, Meeting Clients

Because of the virus' more severe effects on older Americans, reverse mortgage loan officers shared what their working experiences have been like
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Virus jitters hit the Twin Cities housing market

“This is getting real in a hurry,” said Jerry Hall, who was planning to sell his house in Woodbury next year but has decided to get his house on the market
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Money managers says drop in market temporary, helping housing market

One of the markets that is seeing a positive impact is the housing market. If you're shopping for a home, be prepared to act with conviction. In talking with
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Bear Market Signals Over 80% Chance of Recession Hitting US

… Sell-Off Watch Live. Photographer: Daniel Acker/Bloomberg. markets … most volatile period in markets since the financial crisis, and a Bloomberg
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