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Housing Prices Up

Average prices for three common types of housing were up year-over-year in most Canadian markets in the first quarter, national real estate company Royal LePage said Thursday. Royal LePage said the average price for a standard two-storey detached house was up 2.2 per cent in the January-March period compared with a year ago, while the Read more about Housing Prices Up[…]

Housing Recovery

This week, the markets remained fixated on the fiscal cliff. Unfortunately, there was little economic news to keep minds off of the potentially painful situation. Data on the real estate sector, the key set of economic indicators at the moment, remained bullish this week. Home price gains of 5% or more for all of 2012 Read more about Housing Recovery[…]

Tough Collector

Charles Ward fell behind on his mortgage in September, just as his late wife began a losing battle with lung cancer and her medical costs soared. His lender seized his $2,958 federal tax refund and has taken a $131 bite from each of his last four monthly Social Security checks. “What little money I had Read more about Tough Collector[…]

Reasons To Pay Off Your Mortgage

Many people used to consider a mortgage burning party to be part of the American dream. But things have changed because of record low mortgage rates in recent years. You might be tempted to plan the extension of the note as long as possible – and even well into your retirement years – when you Read more about Reasons To Pay Off Your Mortgage[…]

Asia business

Asia’s top companies are less upbeat on their business outlook than in the first quarter, with mounting concern over the euro zone crisis and a slowdown in China’s growth, according to the latest Thomson Reuters/INSEAD Asia Business Sentiment Survey, published on Wednesday. The Thomson Reuters/INSEAD Asia Business Sentiment Index (RACSI) slid to 69 in June Read more about Asia business[…]

Europe Can Be Saved

Speaking in Italy at the Festival of Economy, the Financial offered a variety of comments on the economy, but has spent most of his time on the current situation in Europe. In a speech long enough, Soros covered Greece, Germany and the reasons why it considers that the Union will survive financial and trade-offs between Read more about Europe Can Be Saved[…]

Us Dollar Is Up

This is not about to love cheaper oil, gasoline, imported from BMW or summer trip to Rome? While the answer to most people is something along the lines of “more, more, more,” the reaction of the Fed’s dollar surge to a high of 4 months is likely to be a source of much concern greater. Read more about Us Dollar Is Up[…]

Financial Stock

JPMorgan surprise loss of $ 2 billion trading attracted sell-off in financial stocks Friday, but the broader market edged higher as investors decided it was a problem for investment banks and other industries not. The Dow Jones Industrial Average rose 11 points in midday trading, after rebounding from a decline of 76 points. The Standard Read more about Financial Stock[…]

Idea To Refinance

Low mortgage rates have many homeowners rushing to refinance, and the vast majority of those borrowers opt for fixed-rate home loans. Yet for some homeowners, an adjustable-rate mortgage can be a financially savvy choice when they refinance. Nowadays, adjustable-rate mortgages, or ARMs, appeal to two groups of borrowers. The first group consists of homeowners who Read more about Idea To Refinance[…]

Interest Free Car Loan

If you are interested in borrowing money to buy a car without paying interest, you can. But the only way to get a car loan without interest really is to pretend that you do not need one. For example, say you can buy a car for $ 20,000 if you pay cash or $ 22,000 Read more about Interest Free Car Loan[…]

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