Wheeler Real Estate News

Real Estate news for Wheeler, OR continually updated from thousands of sources.

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  • Robert J. Samuelson:

    2 min ago | via Jewish World Review 

    On any list of calamities threatening the world economy, a China crash ranks at or near the top. Just what would constitute a "crash" is murky.

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    Related Topix: Cornell University, Housing

  • UPDATE 1-Polish banks to float foreign-currency loan...

    1 hr ago | via Reuters 

    Poland's Bank Association said it will propose on Wednesday a way to deal with the Swiss franc-denominated mortgages weighing on borrowers, but it will not include converting them at an old exchange rate that would punish banks and the economy. About 550,000 Poles hold Swiss franc mortgages, accounting for about 40 percent of all mortgage lending, most taken out before the 2008 global financial crisis to benefit from low Swiss interest rates.

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    Related Topix: Europe, World News, Poland, Home, Mortgage, Mortgage, Personal Finance

  • HAMP, HARP get two-year extensions

    Sunday May 17 | via Cape Cod Times 

    The federal government is extending for another year two programs designed to help homeowners who are at risk of defaulting on their mortgage or still owe far more on their loans than the properties are worth. The Home Affordable Modification Program and the Home Affordable Refinance Program will be extended until the end of 2016, Mel Watt, director of the Federal Housing Finance Agency, said Friday.

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    Related Topix: Home, Mortgage, Mortgage, Personal Finance, Foreclosures

  • Swedish watchdog proposes higher reserves for banks

    8 min ago | via West Australian 

    Sweden's financial watchdog on Tuesday proposed increasing the reserves banks must set aside to cover potential losses from mortgage lending in case the country's booming housing market runs out of steam. Swedish banks are already among the best capitalized in Europe, but the Financial Supervisory Authority is concerned that soaring levels of household debt could still leave them vulnerable if there is a correction in the real estate market.

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    Related Topix: Mortgage, Personal Finance, Home, Mortgage

  • GDP Tweak Could Affect Construction Data...

    11 min ago | via GlobeSt.com 

    Government economists have been second-guessing the accuracy of the nation's GDP calculation and, in a recently-announced step, the Bureau of Economic Analysis said it will alter its methodology for the second quarter numbers. While this debate is fascinating and controversial for policy wonks, it has been of glancing interest to the business community.

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    Related Topix: Real Estate

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