Housing market remains sluggish in Canada despite March rebound

(Reuters) – Manufacturing activity growth remained sluggish in. hurt by a housing slump and a downturn in investment and manufacturing. In Japan, the Markit/JMMA PMI reading fell to 49.9 in April,

(Bloomberg) — Canadian home sales and prices rebounded in March from a dismal showing a month earlier, but remained below historical averages. Home sales rose 0.9 percent nationally while the benchmark price rose 0.8 percent, the Canadian Real Estate Association said Monday from Ottawa.

WASHINGTON (MarketWatch) — The Federal Reserve needs to keep interest rates near zero because the outlook for the U.S. labor market remains. despite the troubled non-residential loan sector,

“The latest tick in the LegalShield Housing Activity Index, which reflects demand for real estate and foreclosure legal services over the last quarter, continues to indicate that the real estate.

Mortgage-backed securities price fraud prosecution rests case Existing-home sales decline for fifth time in six months SoFi reboots its mortgage business with new name, updated processes Canada: retail sales declined for the fifth time in six months – NBF. According to National Bank of Canada analyst, Jocelyn Paquet, the decline in sales appears generalized.Downsizing and servicing offset lower volume at Impac Mortgage Quicken loans layoffs: downsizing related discussion, postings, Ditech Financial | IMPAC Mortgage | PennyMac Financial Services Inc.. They are firing senior positions in departments to hire new recruits at lower pay. They have also fired or "re-located" directors, and senior staff to keep. · RBS Securities Agrees To $35 Million Penalty For Securities Fraud Scheme: U.S. attorney. rbs principally conducted the scheme at its Stamford trading floor, according to the U.S. Attorney’s office. By Rich Scinto, Patch Staff | Oct 26, 2017 1:57 pm ET |.Consumers expecting lower mortgage rates less optimistic about buying  · The bigger your down payment, the lower the mortgage rate. If you put down 20 percent or more, lenders see you as a lower risk because you have as much at stake in the property as they do. Not only your down payment, but your loan length determines your rate, for the same reason.People on the move: March 17 People on the Move is a part of delaware business times’ For the Record section, a rundown of recent hirings, promotions, appointments and other notable movements by professionals in the state. If you’re interested in submitting an entry, please contact news@delawarebusinesstimes.com.

Canadian home sales and prices rebounded in March from a dismal showing a month earlier, but remained below historical averages. Home sales rose 0.9 per cent nationally while the benchmark price rose 0.8 per cent, the Canadian Real Estate Association said Monday from Ottawa.

Facebook, Google anti-trust woes erode $137B from stocks’ market values A wave of antitrust probe headlines on Facebook and Google parent Alphabet just yanked about $137 billion (U.S.) from FANG.

Canada’s housing market remains sluggish despite March rebound;. Under the proposal, Canada Mortgage and Housing Corp. will provide up to 10 per cent funding for new homes and five per cent for existing homes to reduce the cost of mortgage payments.

Walter Investment’s emergence from bankruptcy is delayed median home affordability an issue in nearly 70% of markets Median home affordability an issue in nearly 70% of markets As affordability lacks around the country, improving wages and shifting balance toward buyers could turn the tide, according to Attom Data Solutions.Merchants National Properties is a. red tape has delayed this project for several years. In the DC metro area, one of the Downtown Washington, DC properties, along with one of the Alexandria, VA.Lenders tap their market know-how to save money on facilities How retirees can make the most of their home equity. there’s not much potential to save money.. hold your home equity as a reserve you can tap later if you really need the money to pay for.

The headline unemployment rate stood at 4.5 per cent in March 2017, in line with the average unemployment rate seen at the peak of the housing market bubble in 2006. the employment of the United.

Housing market remains sluggish in Canada despite March rebound Canadian home sales and prices rebounded in March from a dismal showing a month earlier, but remained below historical averages. Housing market April 16

Existing-home sales decline for fifth time in six months Existing home sales fell 0.4% to a seasonally. in March and 1.8 million a year ago. At April’s sales pace, it would take 4.2 months to exhaust the current inventory, up from 3.8 months in March. A.

"We are expecting this to be a sluggish year overall in Canada’s residential real estate market, with the hangover from the 2018 market correction and weaker economic growth acting as a drag on home price appreciation, balanced by lower for longer interest rates," says Phil Soper, president and CEO of Royal LePage, in the company’s.