A Spike in Foreclosures is likely coming U.S. home foreclosures fell in June after jumping to a 30-month peak in May, but default rates will escalate as a horde of mortgages resets at higher loan rates, real estate data firm realtytrac.
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Melbourne, Florida headquartered Harris Corp.’s stock finished Monday’s session 3.07% lower at $78.49. A total volume of 1.43 million shares was traded, which was above their three months average.
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· The prudential regulator has today updated its expectations for sound residential mortgage lending for Australian banks.. Borrowers hit by higher rates on 130 mortgage products. Mortgage lenders, including the big four banks, have raised the cost of nearly 130 products in the past four weeks, driving increasing numbers of borrowers into.
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