How Meddling with Monetary Policy Shaped Modern Mortgages

How Meddling with Monetary Policy Shaped Modern Mortgages

The mortgage market has seen a tremendous amount of change over the last four decades. The vast majority of this change can be attributed to the
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Stocks fall broadly, led by drops in real estate, utilities

NEW YORK (AP) — Stocks fell in light trading Monday as investors dumped former darlings of the market, real estate companies and utilities. Indexes
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Another big bank to slash jobs: ING

ING, a major Netherlands-based bank, is the latest European bank to announce downsizing plans. Are low interest rates to blame, or is Europe simply
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Four major changes to Canada's housing rules

The Liberal government has announced sweeping changes aimed at ensuring Canadians aren't taking on bigger mortgages than they can afford in
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Scrutiny of Commercial Real Estate Loans Chills Small Lenders

Joseph J. Lebel III, chief lending officer of OceanFirst Bank in Toms River, N.J., which is being more selective about its lending and focusing on smaller
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Facebook's 'Marketplace' lets real estate agents post property listings

Facebook's 'Marketplace' Lets Real Estate Agents Post Property Listings … facebook marketplace real estate. Suwatchai Pluemruetai / Shutterstock.
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Final STACR Offering for 2016

“The STACR offering is a part of a broader effort on behalf of Freddie Mac to transfer credit risk from Freddie Mac to private investors,” says Mike
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Ditech Agrees to $1.4M Settlement with Massachusetts

… they had a right to receive detailed information regarding their mortgage debt. … Healey said in a news release that the settlement would serve as “a
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Next Year May Spell End Of Oil Downturn, But Houston Real Estate Will Take Longer To Recover

Bruce Rutherford, an international director with real estate advisory firm JLL in Houston, said there will be more bad news for energy in the short run
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Wells Fargo hit on military lending

The Comptroller's Office recently assessed a $20 million civil penalty against Wells Fargo Bank and ordered the bank to make restitution to customers
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The big four questions for the big four banks

Chief executives from Australia's four biggest banks will appear before a parliamentary committee this week to answer questions over a string of
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October 2016 Mortgage Rates (Purchase & Refinance)

According to Freddie Mac's weekly mortgage rate survey, 30-year mortgage rates are holding low, closing last month at 3.42%, on average,
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Canada closes tax loophole to cool down overheated housing markets

Apartments in Vancouver show evidence of high housing demand. The prime minister, Justin Trudeau, indicated earlier this year that an influx of
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Ciminelli Real Estate buys Bullfeather's and other Elmwood parcels

In a deal that had been anticipated since late last year, Ciminelli Real Estate Corp. has completed its purchase of 11 Elmwood Village properties
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Continental Realty sells commercial real estate division to NY firm

Continental Realty Ltd., sold its commercial real estate business to Newmark Grubb Knight Frank, a New York company with hundreds of offices
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New real estate rules shouldn't hurt Canadian start-ups: experts

New rules announced Monday by the federal government probably won't have a negative effect on Canadian businesses looking to recruit foreign
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Man in real estate fraud case used funds for plastic surgery, travel

A Mission Viejo man has agreed to plead guilty in federal court to taking more than $2.3 million from investors in a fraudulent real estate investment
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European Banks Cutting 20000 Jobs as ING Joins Commerzbank

European banks are preparing a fresh round of bloodletting — with some 20,000 jobs set to go — as tougher rules and negative interest rates weigh on
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housing critic applauds federal measures to stabilize

Turmoil in Vancouver's housing market isn't specific to any one group. That from the New Democrat housing critic, in response to Monday's
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Feds seek to ease housing market risks, slow influx of foreign cash

TORONTO – The federal government is taking steps to ease emerging risks in the country's housing market with new measures to slow the injection of
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