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Personal Finance Daily: Boomers leveraging their home equity
We have a lot of real estate news and analysis for you today on MarketWatch, from mortgage rates and the bank foreclosure settlement to a report on what older Americans are doing with their home equity. (Hint: They’re not letting it just sit around.)
www.marketwatch.com
Westpac, ANZ break ranks and hike rates
Westpac has followed ANZ's lead in increasing its standard variable interest rates after the Reserve Bank's decision on Tuesday to leave rates on hold.Earlier on Friday, ANZ lifted its variable home loan ...
au.finance.yahoo.com
Fitch: Low Rates Providing Limited Help to Weakest U.S. Mortgage Borrowers
The Federal Open Market Committee's expectation of low interest rates through 2014, while benefiting the U.S. Prime mortgage sector, will provide little direct help to Subprime mortgage borrowers, according to Fitch Ratings.
finance.yahoo.com
Banks tipped to follow ANZ on rates hike
A leading bank analyst says it is only a matter of time before the remaining two banks follow ANZ's decision to raise interest rates independently of the Reserve Bank.Despite the RBA keeping rates on hold ...
au.finance.yahoo.com
Bernanke's speech to home builders
Below is the text of Federal Reserve Chairman Ben Bernanke's speech to the 2012 National Association of Home builders International Builders' Show, Orlando, Florida: Housing Markets in Transition The economic ...
finance.yahoo.com
Foreclosure Deal Will Spur Home Seizures
The $25 billion settlement with banks may trigger a wave of foreclosures, while making a recovery more likely
www.businessweek.com
Home Properties Reports Fourth Quarter and Full Year 2011 Results
ROCHESTER, N.Y., Feb. 9, 2012 /PRNewswire/ -- Home Properties (NYSE: HME - News) today released financial results for the fourth quarter and year ended December 31, 2011. All results are reported on a diluted ...
finance.yahoo.com
Banks to 'inevitably' follow ANZ lead
A leading bank analyst says it is only a matter of time before the remaining two banks follow ANZ's decision to raise interest rates independently of the Reserve Bank.
au.news.yahoo.com
Wanting to cut costs, car owners seek refinancing
A growing number of cash-starved motorists across Florida are refinancing their auto loan to trim monthly bills.Similar to what’s transpired in the mortgage industry, historically low interest rates have brought an uptick in borrowers to the market who are hoping to drive down their car payments, experts say.
www.bradenton.com
Foreclosure Deal to Spur New Wave of U.S. Home Seizures, Help Heal Market
The $25 billion settlement with banks over foreclosure abuses may trigger a wave of home seizures, inflicting short-term pain on delinquent U.S. borrowers while making a long-term housing recovery more likely.
www.bloomberg.com
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