Subprime Mortgage Issues Are An International Concern
If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
The subprime slowdown is just not an United States issue. The looser lending also occurred overseas and some of the larger international real estate and lending companies are feeling the brunt of fluctuating interest rates and foreclosure risks.
Shares of Hypo Real Estate dropped 2.2% in Frankfurt, while Unibail lost 2.9% in Paris. Hypo Real Estate Group is one of Europe’s largest providers of commercial real-estate financing, while Unibail invests heavily in shopping centers and office property.
Markets world-wide have been fretting about the possibility of higher interest rates since the beginning of June, when bond yields rose as investors rethought their positions on central bank rate policy. via the WSJ.com
It probably is a really good time to buy real estate - monthly payments are about equal to market rents ...
The part about the inventory is right on but in my area they are mostly low end and beat up ...
I worked for this man, he is a great con man and has done this in more than States then ...
You're right. If you come from Central Jersey (as the Boss and I do), you go to Florida at some ...
Maybe it was kryptonite...
ECONOMIC REPORT
'Prolonged' recession, higher joblessness seen likely
NABE survey indicates most economists now believe U.S. recession's started
By Mike ...
I couldn't agree more.
The newspaper has always "stuck" it to the real estate agent with rates that were much higher ...
By the way, homeowners trying to get short sale approval should be aware that lenders are comparing the initial loan ...
Ouch! Thankfully I haven't come across anything like that yet. We normally don't have situations like that in ...
well, the guy was here illegally.
serves him right. 
BY USING FIRST CLAIM INSURANCE ADJUSTERS YOU WILL HAVE THE ABILITY TO LOOK AT YOUR INSURANCE SETTLEMENT AND REALIZE FIRST ...
Pingback by Chicago Real Estate on 25 June 2007:
[...] Subprime Mortgage Issues Are An International Concern — The Real Estate Bloggers Subprime Mortgage Issues Are An International Concern [...]