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Hassan says there are a number of alternative ways of getting into the property market sooner, particularly for Gen Ys. And while she suggests some savings strategies (below), a fast-growing trend is the 'Bank of Mum and Dad'. In fact, recent research found that almost one third of first-home buyers seek
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However, what does this mean for mortgage brokers and financial advisers? Despite all the media inches covering the growth and potential threat of
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High-rate household loans in South Korea rose sharply in September and October, data showed Monday, amid lenders' rate hikes and tighter mortgages. The portion of new bank loans with an annual interest rate of 10 percent or higher came to 0.5 percent of their total lending in September, a level not
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Baxter International logo Baxter International Inc. (NYSE:BAX) has been given a consensus recommendation of “Buy” by the fifteen research firms that are presently covering the firm, MarketBeat reports. Seven equities research analysts have rated the stock with a hold rating, six have assigned a buy
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Kentucky will return to the Franklin American Mortgage Music City Bowl for the fifth time to play No. 20 Northwestern. The 20th annual Music City Bowl
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Units of HNA Group Co. are stepping up fundraising in the local bond market even as borrowing costs soar, adding to concerns about the Chinese conglomerate's debt burden. Yunnan Lucky Air Co., a unit of Hainan Airlines Holding Co. — HNA's flag carrier — sold a 270-day yuan bond to yield 8.2
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Canadian Imperial Bank of Commerce has rallied since releasing upbeat quarterly financial results last week and the gains support a simple, but effective, stock-picking strategy. That is, buy last year's underperforming bank stock. Hold for a year. Repeat. As we have pointed out in previous articles about
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The detail surfaces as policy-makers consider new measures aimed at cooling real estate markets and to slow rising household debt loads, which have climbed to historic levels. During the election campaign, the Liberals promised to expand the Home Buyers' Plan to allow those affected by major life
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Carney works at Rudy Title and Escrow, a full-service title insurance company located in Nashville but serving the entire state of Tennessee. Established in 1999, Rudy Title is locally owned and operated, with its charming and comfortable office located in historic Hillsboro Village. With their commitment
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Tax inspectors investigating Bernie Ecclestone's fortune have interviewed his socialite daughter under caution. There is no suggestion that Tamara
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Its short-term debt expanded to 185.2 billion yuan, exceeding its cash-pile. Just to enforce that the era of ultra-easy money that may be drawing to a close, Asia-Pacific lenders facing increasing funding pressures say they aim to pass those costs along. Half of the 50 banks in a Bloomberg News survey
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That's the conclusion of research published Monday by Bloomberg Economics analysts Tom Orlik and Qian Wan in Beijing. It's supported also by evidence gathered from the delivery drivers, shopkeepers and consumers whom the evictions directly affect. A garbage-filled street in Beijing after properties
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The die was cast for a banking royal commission Prime Minister when Malcolm Turnbull morphed into prime minister Ben Chifley. While the urbane merchant banker from Sydney's eastern suburbs may be riled by a comparison with the Bathurst train driver, the two expressed similar sentiments about the
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For farmers, the royal commission into the banking sector represents a maintenance check to keep this mutually dependent relationship powering. As the peak body representing Australia's farmers, the National Farmers' Federation (NFF) had not marked a respective royal commission as a top-line
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Bloomberg's Megan Murphy reports on Michael Flynn pleading guilty to lying to federal investigators. (Source: Bloomberg). “This shows a Trump associate negotiating with the Russians against U.S. policy and interests before Donald Trump took office and after it was announced that Russia had
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These enhanced consumer protections build upon HERO's industry-leading safeguards, such as live, recorded telephone calls to confirm financing terms with homeowners, written disclosures modeled on the federal “Know-Before-You-Owe”: forms for mortgage lending and a guarantee that contractors
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Erika Westcott has been in the mortgage business for 21 years, and next year will celebrate her 20th anniversary with First Federal Bank. The Auburn University graduate and mom to three served as the affiliate director for the Northeast Region of Alabama Association of Realtors for six years, was
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A Turkish banker is on trial in New York accused of helping Iran evade U.S. financial sanctions. But it's his former co-defendant Reza Zarrab who has stolen the limelight. The banker, Mehmet Hakan Atilla, faded so far into the background that U.S. District Judge Richard Berman reminded prosecutors to
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The campaign culminated in a shareholder letter last week to Rio threatening that the company would face “a very hostile audience” if it moved forward with the pick, according to a copy obtained by Bloomberg. A few days later, Rio was no longer considering Davis as an option, said the people, asking
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“Jim Gordon really was a visionary,” Amy Grace, a New York-based analyst for Bloomberg New Energy Finance, said in an interview Friday. “He brought the project to the goal-post. He just faced a very vicious and very well-funded lobbying organization to protect Nantucket Sound.” Cape Wind proposed
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