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A real estate bust in Dubai? It’s no mirage - Houston ChronicleThe classified ads in Dubai read like an obituary for a real-estate market that until a few months ago seemed immune from the global credit crisis. A Turkish investor, who identified himself as Sebat, took out 10 bright yellow ads in the Nov. 25 ...
A case study in housing collapse - St. Petersburg TimesTAMPA — Thousands of miles from the trading floors of global stock markets, an abandoned house in one of Tampa's poorest neighborhoods is an improbable place to learn about why the world's financial system is collapsing. But if you want to ...
South Africa: Consumer Slump Hits FirstRand - AllAfrica.comJohannesburg — FIRSTRAND, SA's second-largest banking group, yesterday painted a bleak picture in a trading update saying HomeLoans, WesBank and Rand Merchant Bank had been hit by the decrease in consumer spending and market volatility. FirstRand's ...
Dubai Speculators Quit as Lending Drought Bursts Desert Bubble - BloombergDec. 4 (Bloomberg) -- The classified ads in Dubai read like an obituary for a real-estate market that until a few months ago seemed immune from the global credit crisis. A Turkish investor, who identified himself as Sebat, took out 10 bright yellow ...
From Sunday: Home prices drop 7% in Morris - Morris County Daily RecordThe average price of a home in Morris County dipped back below a half million dollars in the first half of the year, according to a new data analysis that found the Morris housing market faring slightly worse than the rest of New Jersey. A Gannett ...
Today's Mortgage Terms starting with O
Origination Fee: Fee charged by a lender for administrative costs of processing a loan. It tends to includes the cost of preparing loan documents, checking the borrower's credit history, inspecting the property and might incorporate the cost of appraisal.
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