Cornish Real Estate News
11 hrs ago | via WVII
With across the board growth in all measurement categories including another new record for membership, the popularity of Maine's credit unions continued to soar in 2014. According to recently released year-end statistics of Maine's 60 credit unions, as reported by the Maine Credit Union League, assets, loans and savings all saw healthy increases during the past year. Comment?
Tuesday Mar 24 | via Sun Journal
The parent company of Camden National Bank has reached an agreement to purchase The Bank of Maine, a move that would give Camden 68 branches and make it the largest bank headquartered in the state. Camden National bank's planned purchase of the Bank of Maine would give it a much larger footprint, acquiring 24 Bank of Maine branches, primarily in Southern Maine and the Kennebec Valley. Comment?
Monday | via Lincoln County News
Camden National Corp., the parent company of Camden National Bank, and SBM Financial Inc., the parent company of The Bank of Maine, have announced the signing of a definitive agreement under which The Bank of Maine will merge into Camden National Bank, creating Maine's largest community bank. The combined organization will operate under the Camden National Bank name and brand and be led by Gregory A. Dufour, president and chief executive officer of Camden National Corp. and Camden National Bank. Comment?
Thursday Mar 12 | via Sys-Con Media
Redfin , the customer-first real estate brokerage, today announced the debut of its home-buying and selling services in Southern Maine. People can now work with Redfin agents to buy and sell homes in Portland, Cape Elizabeth, Kennebunk, Biddeford, Augusta and the lakes region area. Comment?
Monday Mar 9 | via Bangor Daily News
Two visitors checked out the flashing Fresnel lights and other artifacts on display at the Maine Lighthouse Museum in Rockland. The museum will reopen for the season in mid-March. Comment?
18 min ago | via The Item
Home prices in the region ticked up 2.1 percent in the New York metropolitan area, including North Jersey, in the 12 months ended in January, the S&P/Case-Shiller home price index reported Tuesday. That was less than half the national increase of 4.5 percent. Comment?
18 min ago | via Reuters
The rate of decline in Chinese home prices slowed in March from February, two private surveys showed on Wednesday, adding to hopes the housing market is stabilizing as Beijing enacts policies to bolster a faltering economy. Prices of new homes in 288 cities fell 0.01 percent in March, the 12th consecutive drop on a monthly basis, a poll by property services provider Real Estate Information Corporation showed. Comment?
22 min ago | via Bloomberg
It was 1994, and some of the mortgage derivatives Gundlach owned were "slaughtered" when interest rates rose sharply, according to Howard Marks, who worked with the bond manager at TCW Group at the time. The TCW Total Return Bond Fund lost 6.2 percent and the young money manager got a schooling in risk control that has guided the rest of his career, said Marks. Comment?
30 min ago | via Seeking Alpha
Ten Real Estate Investment Trust stocks by yield produced 29.03% more net gain from $5k invested in the lowest-priced five than from $5K invested in ten. Annual dividends divided by closing stock prices as on March 27 determined yields. Comment?
39 min ago | via Credit.com
Spring is here already. Are you lining up your finances for a home purchase this year? And are you not sure whether to put more money toward paying off other debts or your upcoming down payment ? Here's how to figure out the best strategy to improve your figures. Comment?
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