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Top mortgage stories of the week:
- ING considers sale of Canadian online banks
- Home prices rise in major U.S. cities
- Vancouver real estate market in full retreat
This Week's Quotation:
“ I am building a fire, and every day I train, I add more fuel. At just the right moment, I light the match. ” - Mia Hamm (2004 Summer Olympics)
ING considers sale of Canadian online banks
Financial Post - Maud van Gaal and Zachary R. Mider
Aug 7, 2012
ING Groep NV may sell its Canadian online bank, which has US$40-billion in assets, and dispose of a smaller U.K. unit as the Dutch company seeks to repay government aid received during the financial crisis… Read more....
Home prices rise in major U.S. cities
Globe and Mail - Christopher S. Rugaber
Jul 31, 2012
Home prices rose in May from April in every city tracked by a leading index, a sign that increasing sales and tight inventories are supporting a modest housing recovery… Read more....
Vancouver real estate market in full retreat
Financial Post - Garry Marr
Aug 2, 2012
Vancouver realtors are calling it a "summer lull" but the city's real estate market appears to be in full retreat. The Real Estate Board of Greater Vancouver said property sales in the area remained stuck at 10-year lows in July, dropping another 11.2% from June… Read more.... |