any federal workers are already plotting side jobs in the private sector. (AFP) The latest version of a malfunctioning Washington convinced NASA aerospace engineer Edward Amatucci to break a beloved household rite: Over the weekend, after the partial government shutdown went into effect, the 54-year-old furloughed telescope specialist brought down […]
Edelweiss is setting up 20-member team to buy, recover soured consumer credit, Mr Bansal said. A massive pile of bad business debt has kept asset-reconstruction companies busy in recent years. But as signs emerge that the supply of such assets may be levelling off, the nation’s largest buyer of bad […]
LWA/Dann Tardif/Blend Images | Getty Images House shoppers hurrying to find dream homes before interest rates go higher often turn to online mortgage calculators offered by personal finance and real estate sites to get a feel for just how dreamy a home they can afford. When they do, they risk […]
David Paul Morris | Bloomberg | Getty Images A contractor uses a hammer while working on townhouse under construction at the PulteGroup Metro housing development in Milpitas, California, Oct. 25, 2018. Mortgage applications to purchase a newly built home dropped 11 percent in November, compared with a year ago, according […]
Daniel Acker | Bloomberg | Getty Images Prospective buyers and a real estate agent, center, enter a home for sale in Warren, Michigan. Americans may be losing money in their stock portfolios this week, but they are gaining purchasing power in the housing market. Mortgage rates are falling sharply, as […]
SBI or State Bank of India offers a type of fixed deposit or term deposit scheme called the Multi Option Deposit Scheme (MODS). A fixed deposit is a secure financial instrument offered by banks, which fetch guaranteed returns. Unlike normal term deposits which are fully liquidated anytime you need funds; […]
Social Finance Inc., the lending and refinancing startup valued at more than $4 billion, is cutting about 7 percent of its staff, according to a person familiar with the matter. The company plans to announce the move on Friday. The 100 job cuts are happening in the company’s mortgage department, […]
Daniel Acker | Bloomberg | Getty Images Prospective home buyers arrive with a realtor at a house for sale in Dunlap, Illinois, on Sunday, Aug. 19, 2018. With no major move in interest rates and continued weakness in home affordability, there was not a lot of incentive for homebuyers to […]
Daniel Acker | Bloomberg | Getty Images Prospective home buyers arrive with a realtor at a house for sale in Dunlap, Illinois, on Sunday, Aug. 19, 2018. With no major move in interest rates and continued weakness in home affordability, there was not a lot of incentive for homebuyers to […]
Strong employment numbers caused mortgage rates to take off with the 30-year fixed-rate average the highest it has been in nearly eight years. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average jumped to 4.94 percent with an average 0.5 point. (Points are… [“source=forbes]
