Canada's seasonally adjusted annual rate of housing starts jumped to 223,200 units in October from 209,000 units in September, according to Canada Mortgage and Housing Corp."Despite the increase in October, the pace of housing starts has been slower since August compared to the first half of 2006," said Bob Dugan, chief economist at CMHC. "This is consistent with our view that residential construction will decrease gradually between now and the end of 2007." The corporation can be found on the Web at http://www.cmhc.ca.
-
Originators increased program offerings for the fifth consecutive month, but overall credit availability remains tight, the Mortgage Bankers Association said.
26m ago -
Malhotra joins the home finance giant after previously helping launch platforms to provide generative AI enterprise solutions and founding a technology research lab at the global multinational firm.
May 6 -
The reverse-mortgage lender saw a quarterly loss but expects originations to increase 10% in the second quarter, as it attempts to address high-yield debt concerns.
May 6 -
Capital Community Bank of Provo has purchased Security Home Mortgage, headquartered in nearby Orem.
May 6 -
Mike Kortas, CEO of NEXA, alleges he fired his former co-owner, Mat Grella, because he added himself as a "new manager" of the company in a filed amendment to the company's articles of organization.
May 6 -
Price growth is decelerating but still driving historic home equity gains for owners and widening the gap between the haves and have-nots in housing, ICE finds.
May 6