Toronto is one of the many great world cities that has been rendered nearly unlivable by real-estate speculation, both from onshore investors and offshore ones. Following a raft of measures to cool off the property market, sales have plunged, down 35% overall in Feb 2017 relative to Feb 2016; prices are
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Is it realistic to think that Amazon could eventually have 70 million banking customers? Amazon hasn't even formally announced that it's looking to partner with big banks and offer its customers Amazon checking accounts. But let's assume for a moment the Wall Street Journal report is true, and Amazon
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A complex banking bill currently making its way through the Senate is praised by proponents as a common sense revision of Dodd-Frank era banking regulations, that would help small banks and lenders thrive. But activists for fair housing practices are increasingly sounding alarms warning the bill
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According to Freddie Mac, for the week ending March 1, the interest rate on a 30-year fixed-rate mortgage increased 3 basis points to 4.43%. The rate was at 4.40% a week ago and 4.10% in the year-ago time frame. Freddie Mac noted that, since the start of 2018, the 30-year fixed-rate mortgage interest
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Subscribe to The Broadsheet, Fortune's daily newsletter about the Most Powerful Women. Women soon began participating in other marches across the country and holding booths to rally for women's right to vote. There was even a U.S. women's political newspaper with the latest updates on the
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New data from government-backed Freddie Mac shows that cash out refis accounted for 63 percent of all refinances made last quarter, marking the highest ratio of cash-out refinances since 2008. This year's resurgence in cash-out refis is the result of low mortgage rates and the rising values of U.S.
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Certification and designation programs are currently available in residential The CRC is the only recognized professional designation for credit and lending professionals, and earning it gives you added credibility among colleagues and clients alike. CFI is a global provider of financial analyst training
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Tariffs and the possibility of an escalating trade war threaten the profitability of homebuilders, the housing recovery and the affordability of homes. It appears rising costs of home construction is playing a role in rising home prices, which may be impeding sales growth. Relative tariffs and trade war appear
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The tech giant plans to open a new fulfillment center in St. Peters, Missouri, which will create more than 1,500 jobs, according to a press release. While Amazon has not specified when the fulfillment center will open, the workers will be responsible for picking, packing, and shipping small items such as
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Consumer confidence in the housing market fell in February, with fewer Americans sharing positive thoughts on mortgage rates, home buying and home prices, according to Fannie Mae. Fannie's Home Purchase Sentiment Index fell 3.7 points from a year ago with the net share of consumers reporting
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Speaking on Wednesday at the Fortune, Time and Wallpaper* Brainstorm Design conference in Singapore, the top Spanish designer and architect explored the diversity of design thinking and its applications, from products to interiors to architecture, under an umbrella she called âemphatic exchange.â.
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Job detail for Lending Associate located in Stamford, Connecticut Apply Today.
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“Despite the devastation of Hurricane Harvey, the Texas housing market had a very strong fourth quarter, helping solidify 2017 as another record-breaking year in Texas real estate,” said Kaki Lybbert, chairman of the Texas Association of Realtors. “The strong growth in the housing market can be
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Lynn Ngo with Winning Real Estate represented the buyer. The Miner Corp. renewed a 21,098-square-foot industrial lease at 8329 Kempwood Drive. JLL's Geoff Perrott represented the tenant. Greg Barra with Boyd Commercial represented the landlord, Prologis. SEA, Ltd. renewed a 13,863-square-foot
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Investors who managed to grab a piece of CVS Health Corp.'s mammoth $40 billion bond sale are already a little richer. The debt issued Tuesday by the drugstore giant had gained $320 million by Wednesday morning in New York, according to Trace bond price data compiled by Bloomberg. It was a
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Ripple said Wednesday that the app, called “Money Tap,” will first go live in the fall. It said the app would make it easier for banks to settle round-the-clock domestic payments in Japan. Japan is home to a huge market for fintech, or financial technology â particularly in the areas of blockchain and
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If hope springs eternal, we've got some bad news for hopeful home buyers before spring even gets here: housing prices in the Seattle region are still soaring, even during typically dark and dreary February. New numbers from the Northwest Multiple Listing Service this week show that the median price
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Millennials are contributing big-time to the housing market recovery with a keenness to buy rather than rent. For the first time in 13 years, 20- and 30-somethings turned out to give solid impetus to the U.S. housing market. âThe number of homes owned by people under age 35 rose to 36 percent during
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Signs of trouble in the financial sector are already bubbling up. Home Capital Group, the nation's largest subprime mortgage lender, had to buy back millions in mortgages sold to third parties for securitization because borrowers falsified their income, a problem that occurred during the American housing
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PLEASANTON, Calif.–(BUSINESS WIRE)–According to the latest Ellie Mae Millennial Trackerâ¢, 67 percent of all closed loans by Millennial borrowers were conventional, the highest percentage in two years. Conventional loans continued to be the most popular loan product, although women were
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