Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Rates for U.S. 30 year mortgages dropped to the lowest level on record as the number of homeowners seeking to reduce their monthly payments soared. The average rate for a 30-year fixed loan for the week ending Jan. 19 fell to 3.88 [...]
Linda Young – AHN News Writer Washington, D.C., United States (AHN) – Existing home sales rose in January for the third consecutive month, according to the National Association of Realtors. Sales increased 2.7 percent to a seasonally adjusted annual rate of 5.36 million in January. That was up from a downwardly revised 5.22 million units [...]
The Media Line Staff Dubai, United Arab Emirates (TML) – Just as there were signs that Dubai might be climbing out of its debt hole, Credit Suisse has released a report that puts the size of the emirate’s borrowings above conventional estimates. Entities 50% or more owned by Dubai’s government and ruler Sheikh Mohammed Bin [...]
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