Country Club Hills Real Estate News

Country Club Hills Real Estate News

Real Estate news for Country Club Hills, IL continually updated from thousands of sources.

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  • Poll finds strong support for foreign home tax

    7 min ago | via Lake Cowichan Gazette 

    A new online poll shows Metro Vancouver residents overwhelmingly approve of the province's new 15 per cent transfer tax on foreign buyers of local homes, but they have doubts about how effective it will be in cooling the white-hot real estate market. The Angus Reid Institute poll found 90 per cent of Metro residents support the new tax, which triggered a rush to complete affected deals ahead of the Aug. 2 effective date.

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    Related Topix: Real Estate, Housing

  • Why the Federal Reserve Is Reluctant to Raise Intere...

    9 min ago | via KFOR-AM Lincoln 

    When the Federal Reserve announced Wednesday afternoon that it was going to take the cautious step and leave interest rates unchanged for the time being, it also said that "near-term risks to the economic outlook have diminished." According to Barclay's Chief U.S. Economist, Michael Gapen, it goes back to the exceptional nature of the recent Great Recession.

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    Related Topix: Mortgage, Personal Finance

  • 90% of Metro Vancouverites support foreign buyer tax

    11 min ago | via GlobalNews 

    Nine out of 10 residents of Greater Vancouver say they support the province's decision to charge foreign buyers a new 15 per cent tax on real estate purchases, but the majority say these buyers will just find ways around the tax. A new poll from the Angus Reid Institute surveyed more than 730 residents of Metro Vancouver this week after the new tax was announced and found that the mass-majority of people are supportive of the government's intervention in the market.

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    Related Topix: Housing

  • New York launches reverse-mortgage probe :0

    12 min ago | via New York Post 

    The New York State Department of Financial Services has launched a wide-ranging probe into Reverse Mortgage Solutions and Champion Mortgage's reverse-mortgage operations, following a story by The Post. Last Sunday, The Post broke the story of a sharp uptick in foreclosure cases against New York homeowners with reverse mortgages - risky home-equity loans made to senior citizens.

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    Related Topix: Mortgage, Home, Mortgage, Personal Finance, Foreclosures, Family, Elderly (Senior Citizen), Howard-Beach, NY

  • U.S. Fed reverse repos jump at month-end

    13 min ago | via Reuters 

    The Federal Reserve on Friday awarded $110.52 billion of three-day, fixed-rate reverse repurchase agreements to 60 bidders at an interest rate of 0.25 percent, the New York Fed said on its website. On Thursday, the U.S. central bank allotted $45.19 billion in one-day reverse repos to 27 bidders, including Wall Street dealers, money market mutual funds and mortgage finance agencies, also at an interest rate of 0.25 percent.

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    Related Topix: Mutual Funds, Personal Finance, Mortgage, Home, Mortgage

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Mostly Cloudy 80°
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Visibility: 10 mi

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