The Portuguese financial system held €99.5 billion in mortgage loans and, whilst well below the peak of €114.5 billion experienced in the pre-bailout reality of 2011, new mortgages are now running at their highest level since 2012, the Bank of Portugal reported.
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It is still snowing in the Northeast on Wednesday, but warmer weather in recent weeks may have had more potential home buyers out on the prowl.
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The man who ran our nation’s finances for eight years is gone. In Jim Flaherty’s wake are a legacy of housing policies that will impact homeowners for years to come.
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Canada Mortgage and Housing Corp. (CMHC) says housing starts in the Calgary Census Metropolitan Area (CMA) are trending to reach 15,000 units this year, using its six-month moving average of the monthly seasonally adjusted annual rates (SAAR).
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TORONTO – Longer-term fixed mortgage rates may soon be a better deal than variable rates for homebuyers, according to a new report by BMO Capital Markets.
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March marks an important month that has the potential to protect those who pay close attention.
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Fast-rising home prices in 2013 gave U.S. borrowers back much-needed equity in their homes. The housing crash and subsequent plunge in prices during the end of the last decade put millions of borrowers “underwater” on their mortgages—owing more than their homes were worth.
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One in every 1,058 U.S. homes received a foreclosure filing in January, according to the latest foreclosure data from RealtyTrac.
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U.S. homeowners are doing a better job of keeping up with mortgage payments, a trend that has reduced the rate of late payment on home loans to the lowest level in more than five years.
Read more: http://www.cnbc.com/id/101410054
Almost 800,000 homeowners will see mortgage payments rise about $200 a month in the next few years as the benefits of their government loan modifications ease, a new government report says.
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