User: sandman1965 Topic: real estate
Category: Home Loans
Last updated: Mar 31 2015 10:39 IST RSS 2.0
 
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China stocks bolt to fresh 7-yr highs as Beijing eases property curbs 31.3.2015 Sify Finance
By Samuel Shen and Pete Sweeney
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China eases housing tax, lending rules to fight downturn 31.3.2015 Sify Finance
SHANGHAI/BEIJING (Reuters) - China on Monday courted home buyers with a bigger tax break as it cut downpayment requirements for the second time in six months, stepping up a fight against sliding
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Mortgage approvals rise as rates continue to fall 30.3.2015 The Guardian -- Front Page

The receding likelihood of a base rate rise in 2015 has a sparked a price war between banks and building societies

The number of mortgages take out for house purchases and remortgages increased in February, figures from the Bank of England showed, as rates continued to fall and lenders got to grips with affordability rules.

Related: Ignore the ‘experts’ and split your mortgage two ways

Early signs that banks are seeking to raise mortgage availability are likely to continue

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HDFC Standard Life to sell 10% via IPO to raise Rs 2,400 crore 28.3.2015 TOI: India Business
HDFC Standard Life, India's second-largest private insurer, is planning to raise Rs 2,400 crore via sale of 10% stake to the public, said two people with direct knowledge of the development.
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HDFC Standard Life to sell 10% via IPO to raise Rs 2,400 crore 28.3.2015 ET: IPOs
BofA-ML, JPMorgan, Morgan Stanley, Credit Suisse & JM Financial will manage the IPO, which is expected to take place in the July-September quarter.
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Indiabulls Housing Finance raises $150 million from Qatar Bank 27.3.2015 TOI: India Business
Indiabulls Housing Finance (IBHFL) has raised $150 million (Rs 940 crore) from Qatar National Bank Group (QNB Group) under external commercial borrowings for low-cost and affordable housing.
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Kingpin misled accused in theft case: Cops 27.3.2015 TOI: Cities
Interrogation of two accused involved in the theft of antique coins and ornaments worth about Rs 1.5 crore from the house of a former IAS officer revealed that one of the suspects, Bikas, was being misled by prime suspect Sandeep aka ...
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Indiabulls Housing Finance raises $150 million from Qatar Bank 27.3.2015 ET: Finance / Insurance
The fund-raising comes close on the heels of the Emir of Qatar, Tamim Bin Hamad Al Thani's, recent visit to India.
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The film that makes me cry: Field of Dreams 26.3.2015 The Guardian -- Front Page

When you’ve lost your father, Field of Dreams strikes home with an unexpected force – as the tourists who flock to the farm where it was filmed prove

I first saw Field of Dreams on 25 December 1993, on ITV. My father had died on 11 January 1992. If you want to, you can stop reading now, because you don’t have to be a psychologist to work out why Field of Dreams made me cry.

I was 22 when Dad died, he was 52. I was six months out of university, living at home, and I’d just started working as a journalist. We hadn’t had a chance to get to know each other as adults, and, because of his shyness and quietness, I’d never really developed the sense of him as a person in his own right: he was just Dad, the person who went to work to pay the mortgage, then came home to listen to his records and read and reread and rereread his Trollope novels.

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Tata Capital aims up to 30 per cent growth in retail book 24.3.2015 ET: Finance / Insurance
Non-bank lender Tata Capital today said it targets 20-30 per cent growth in retail book on the back of good demand from the home loan segment.
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Points to remember before closing a loan 24.3.2015 Rediff: Top Stories (India)
Remember to take important documents like no dues certificate.
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Families to get extra power to manage missing people's finances 23.3.2015 The Guardian -- Front Page

Ministry of Justice will support legislation in next parliament to help relatives take control of practical affairs in event of disappearances

Relatives of those who go missing should be given extra powers to prevent their financial affairs running out of control, according to the justice minister, Lord Faulks QC.

Although the government has run out of time to deliver the reforms before the election, the Ministry of Justice is promising to support legislation in the next parliament to help families cope with the uncertainty and confusion caused by disappearances.

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Post data analysis, SBI would even put ships on e-auction 20.3.2015 Sify Finance
India's largest mortgage lender, State Bank of India (SBI) would even offer ships online in the future after studying the analytical data on its recent e-auction of around 300 properties, said a senior official on Friday.
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Britain’s obsession with ownership has turned housing into a pyramid scheme | Gaby Hinsliff 20.3.2015 Guardian: Comment is Free
George Osborne’s budget offered a ‘lifeline’ for first-time buyers. But in the long term, the market is unsustainable They call it “hutching up”, but the trend is nowhere near as cosy as the name makes it sound. Say you’re in your 20s or early 30s, living in London or some other property hotspot. You’re dating someone who isn’t Mr or Ms Right, exactly; but they’re not that bad. And together, if you pooled your resources, you could maybe afford to get on the property ladder – whereas if you broke up, then you might not make it. Fifty years ago women struggled to buy property on their own because banks required a husband to guarantee the mortgage. Now it’s not sexism, but the seeming economic impossibility of buying on just one salary, that makes young women think twice about being ...
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Why Fed won't have a big impact on your loans anytime soon 19.3.2015 TOI: India Business
Nobody knows when exactly, but the day will eventually come when the Federal Reserve nudges its benchmark lending rate from next to zero to something slightly higher.
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Budget 2015: How the help-to-buy Isa will work 19.3.2015 The Guardian -- Front Page

From autumn, first-time buyers aged over 16 can save into Isa, and government will pay £50 for every £200 saved when contents are used as deposit

George Osborne is to hand up to £3,000 to aspiring first-time homebuyers in a bid to help more people get on to the property ladder.

In a centrepiece budget measure, the chancellor announced the government will hand over £50 for every £200 a would-be buyer saves towards a deposit.

Related: Budget 2015: the winners and losers

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How will Osborne's help-to-buy Isa work for first-time buyers? 18.3.2015 The Guardian -- Front Page

The chancellor announces a new Isa to help first-time buyers. We look at the details

First-time buyers are being offered up to £3,000 each to put down as a home deposit through a new help-to-buy Isa unveiled in the chancellor’s budget.

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China stocks keep rallying on stimulus hopes 18.3.2015 Sify Finance
SHANGHAI, March 18 (Reuters) - China stocks rallied for the sixth straight session on Wednesday, powered by cyclical sectors such as steel, highways and property as weak economic data raised
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US rate hike fear keeps Asian firms in check; India most upbeat 18.3.2015 Rediff: Business
US rate hike fear keeps Asian firms in check; India most upbeat.
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China, Hong Kong stocks rise as weak home price data raises stimulus hopes 18.3.2015 Sify Finance
* CIS300 +1.0 pct; SSEC +0.9 pct; HSI +1 pct
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