Prudenville Real Estate News
Real Estate news for Prudenville, MI continually updated from thousands of sources.
Saturday | via Toledo Blade
Ann and Oscar Mack had fallen behind on property taxes and knew they faced foreclosure on their home of 20 years. But they didn't know their house on Maiden Street, in a blighted east side Detroit neighborhood, was already listed for auction. Comment?
Friday Aug 19 | via Live Charts
Markets are likely to turn their attention back towards the US Federal Reserve in the coming week. The US central bank will hold its annual week-long Economic Symposium at Jackson Hole, Wyoming, with chair Janet Yellen herself due to deliver a speech on 26 August entitled The Federal Reserve's Monetary Policy Toolkit, while the topic on debate at the wider conference was "Designing Resilient Monetary Policy Frameworks for the Future". Comment?
Tuesday Aug 16 | via New York Post
Hillary Clinton on Tuesday named a former top lobbyist for bailed-out mortgage company Fannie Mae to co-chair her presidential transition team. Tom Donilon's time at the company, 1999-2005, was at the height of the housing bubble, just before the market crashed in 2008. Comment?
Friday Aug 12 | via National Mortgage News
A Detroit-based group of activists and university professors said the city's policy of shutting off water to those who don't pay water bills is driving residents from their homes and exacerbating the city's foreclosure crisis. The group's research, released as a published report Thursday, provides maps of Detroit showing concentrations of "thousands of families being deprived of water and simultaneously having their homes taken," according to a news release. Comment?
Jul 20, 2016 | via FindLaw
Beverly Adkins, Charmaine Williams, Rebecca Pettway, Rubbie McCoy, and William Young, on Behalf of Themselves and All Others Similarly Situated, and Michigan Legal Services, Plaintiffs-Appellants, v. Morgan Stanley, Morgan Stanley & Co. Comment?
5 min ago | via SFGate
Thirty-year and 15-year fixed rates and 5/1 ARM mortgages all rose slightly on Tuesday, according to a NerdWallet survey of mortgage rates published by national lenders this morning. Although it's a slight increase, could it be that we'll be seeing rates continue to rise on the heels of the Fed's announcement that it will likely raise federal funds rates soon? Only time will tell. Comment?
6 min ago | via SFGate
It's not news that millennials, on average, are less likely to use credit cards than previous generations. What appears to be newsworthy, though, is the ongoing search for the cause. Comment?
7 min ago | via Seattle Post-Intelligencer
This Wednesday, Aug. 17, 2016, photo, shows a Chase Bank branch in North Miami Beach, Fla. On Tuesday, Aug. 30, the Federal Deposit Insurance Corp. releases U.S. bank industry earnings for the second quarter. Comment?
12 min ago | via WTOP-FM Washington
The D.C. region's housing market is one of the most expensive in the nation, but price appreciation in the Washington metro area remains the smallest among the nation's biggest cities. The S&P/Case-Shiller Home Price Index for June, released on Tuesday, reports the median price in the Washington area's market was up just 2 percent from a year earlier, tying the New York City area, and behind a 2.5-percent annual gain in the Cleveland area. Comment?
15 min ago | via Weyburn Review
Royal Bank says the first half of this year marked the biggest six-month drop in housing affordability in the Vancouver area since at least the early 1990s. The bank says its cost-of-ownership measure for Vancouver rose to 90.3 per cent of a typical family's pre-tax income after rising 6.1 percentage points in the second quarter and 6.6 percentage points in the first quarter. Comment?
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