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Foreclosures: A Real Boom for Investors 
(ARA) - The climate is ripe for an increase in the number of American homes going into foreclosure. Interest rates are on the rise, mortgage payments are continuing to increase and home values are staying stagnant in some places and falling in others.
Source: www.bentoneveningnews.com

OUTLOOK UK markets braced for raft of consumption, housing news 
The markets will have a raft of consumption and housing data to digest as they position themselves for the rate verdict. At the moment, the market doubts the BoE will follow January’s surprise rate hike in the key repo rate to 5.25 pct with another one in February.
Source: www.sharewatch.com

Latest Articles 
TORONTO (CP) - The mortgage shopper has never had it so good - nor so complicated. The overwhelming good news for the home shopper are interest rates themselves - the posted rate for a closed five-year mortgage at Royal Bank in late January was 6.65 per cent.
Source: finance.sympatico.msn.ca

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