Monthly Archives: May 2011

Mortgage Interest Rates | Phosphate And Fuel Costs Push Sheep And Beef Farm Inflation

May 31 (BusinessDesk)- A strong NewZealand dollar is the only thing to have stood betweensteeply rising fertiliser and fuel costs in the last year,with on-farm inflation up 4.1% in the year to March.“This was a stark contrast to the year before whenfarm input prices decreased 2.9 per cent,” said RobDavison of Beef + Lamb New Zealand’s Economic ServiceMovements in Sheep and Beef    .. more …

New Home Sales | New Home Sales Reflect Softening Property Market

NEW home sales growth remains sluggish, figures show, adding to growing evidence of a lull in the property market.A report published yesterday found home sales edged up by 0.2 per cent last month but activity was stubbornly below its long-term average, a trend the housing industry blames on weak buyer sentiment and excessive regulation. Housing Industry of Australia figures also suggested    .. more …

Mortgage Interest Rates | Commercial Mortgage Loans For Business

Commercial mortgage loans can be the best way for businesses to finance the build up or buying of infrastructure and land. Commercial mortgage loans are the most affordable and flexible way of financing for businesses. Commercial mortgage loans are set up so that the lender will have legal title on the property until the loan has been successfully paid off. This type of mortgage loan is customized    .. more …

Existing Home Sales | Existing Home Sales Drop In April

Sales of existing homes in Central Indiana plunged in April compared to a year ago.The 13-county Central Indiana area racked up 1,877 sales, a 20.3 percent drop from April of last year, said Metropolitan Indianapolis Board of Realtors.Statewide, the falloff was similar: off 21 percent, to 4,929, said Indiana Association of Realtors.The year-earlier comparison is thrown off by last April’s inflated    .. more …

Mortgage Interest Rates | Less Of A Battle, More Of A Skirmish

The continuing home loans price “war” between the nine leading domestic banks appears to suggest that consumers are getting the better end of the tussle as the industry fights to grab what lending growth it can stimulate.National Australia Bank’s offer of a 6.59 per cent standard variable home loan rate through its online UBank operation and the discounting by the other major banks on their main    .. more …

New Home Sales | Behind The Numbers: Reaction To Drop In Pending Sales

That was fast.On Thursday, we wrote about Toll Brothers’ solid quarterly results and April’s strong new-home sales. It seemed that maybe, just maybe, recovery was inching closer.Well, Friday brought a disappointing statistic: The National Association of Realtors’ seasonally adjusted index for pending sales of existing homes plunged 11.6% on a monthly basis to 81.9, the industry group said Friday.    .. more …

Mortgage Interest Rates | N.J. Association Of Realtors Unites With Partners

EDISON ” Good news for those in the market for a home: New Jersey offers a robust supply of affordable homes for sale this spring. To help buyers realize their purchase potential, the New Jersey Association of Realtors (NJAR) has partnered with the New Jersey Housing and Mortgage Finance Agency (HMFA) and the New Jersey Bankers Association to urge consumers to visit open house events during    .. more …

New Home Sales | The Week In Housing: Pending Home Sales, Interest Rates, & Delinquency

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Mortgage Interest Rates | Real Estate News: Mortgage Rate Falls Again, Set 2011 Low

Here is a look at real-estate news in today’s WSJ : Mortgage Rate Falls Again to Set a 2011 Low : Home-mortgage interest rates continued to fall last week to the lowest point of 2011 amid signs of a slowing economy, according to the latest survey from Freddie Mac. The 30-year fixed-rate mortgage averaged 4.60% in the week ended Thursday. An Easy Way to Own a Villa, or Two : For holidaymakers who    .. more …

Existing Home Sales | U.S. Existing-Home Sales Unexpectedly Fall

(Updates with closing markets in fifth paragraph.) May 19 (Bloomberg) — Sales of existing U.S. homes unexpectedly declined, manufacturing in the Philadelphia region slowed and consumer confidence dropped, pointing to an economy that is struggling to regain momentum following the surge in energy costs. Purchases of existing homes decreased 0.8 percent to a 5.05 million annual pace in April, the    .. more …