While the majority of the population of the Cayman Islands lives on Grand Cayman, anyone looking to purchase property shouldn’t avoid looking at the two smaller islands in the cluster: Cayman Brac and Little Cayman. Both offer advantages that their larger sister island doesn’t, and they are suitable choices for…
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Families and individuals interested in owning a seaside home should be sure to survey property in the region of Northern Cyprus. This region is one of the best-kept secrets of the Mediterranean. Property there is surprisingly affordable despite the high standard of living, low crime rate, and natural beauty of…
Saddle River New Jersey is a little borough of about 3300 residents, many of whom are actors, professional athletes, and dignitaries. While Saddle River is only 20 miles from all the action in New York City, the town offers a peaceful haven for residents to come home to. Its first…
Since the start of the economic recession in December 2007, the unemployment rate has risen 1.7 percentage points to touch 6.7%. According to the latest forecasts, the job-slashing trend is expected to continue through 2010 with employers slashing another 475,000 jobs to take the unemployment rate to a 15-year high…
Aurora Over the Hudson New Jersey condos continue to be available to discriminating buyers who are interested in French Designer Philippe Starck’s vision of elegant luxury along the Gold Coast. Whether you’re an empty nester looking for relaxation and community or a single family seeking space and functionality, these residences—many…
Although the number of foreclosures of Miami homes fell 21% in November 2008, the market remains soft and buying opportunities for those who can afford to purchase real estate are plenty. The Miami housing market has been in a state of oversupply for more than 32 months. This means that…
In the current housing market, there are plenty of people who are looking to avoid foreclosure on their family home. There is an ongoing subprime mortgage crisis going on, thanks to the bursting of the United States housing bubble in 2006. Prior to the bubble bursting, many home buyers had…
Three of the five largest mortgage lenders in the District of Columbia are mortgage banking firms rather than savings and loan associations, a Washington Post computer analysis shows. In terms of the number of mortgage loans made in the city over the past three years, Colonial Mortgage Service Associates, Inc.,…
Last week’s column noted how a mortgage banker like Dominion Bankshares Mortgage Corp. (DBMC) of Virginia, in an effort to build a portfolio of as many mortgage loans as possible and earn fees for servicing them, concentrates on originating loans and selling them quickly — either to a broker who…
Credit standards that consumers must meet to get a mortgage are expected to stiffen over the next few months as mortgage lenders act to shore up the reputation of the American home mortgage in national and international capital markets.For the past several years, securities backed by mortgages have sold well…