All articles about 上海水磨会所DL

Falling Loan Applications Tilt Toward StillNascent Recovery

first_img Share in Data, Government, Origination, Secondary Market, Servicing Falling Loan Applications Tilt Toward Still-Nascent Recovery Adjustable-Rate Mortgage Agents & Brokers Barack Obama Capital Economics FHA Fixed-Rate Mortgage HARP Home Prices Housing Affordability Investment Investors Lenders & Servicers Mortgage Applications Mortgage Bankers Association Mortgage Rates Processing Refinance Service Providers 2012-03-07 Ryan Schuettecenter_img In signs that a stable housing rebound may still be ways off, mortgage applications contracted by 1.2 percent last week, even while the Home Affordable Refinance Program (HARP) offered a still-steady buttress for refinance activity.[IMAGE]The “”Mortgage Bankers Association””:http://www.mbaa.org/default.htm (MBA) found in a weekly survey that mortgage application volume also declined by 10.2 percent on a seasonally adjusted basis.The Purchase Index went up by a seasonally adjusted 2.1 percent from last week, while it climbed by 14.7 percent on a seasonally unadjusted basis.The four-week moving average dipped by 1.77 percent for the seasonally adjusted Market Index, 0.47 for the seasonally adjusted Purchase Index, and 2.04 percent for the Refinance Index.[COLUMN_BREAK]””Paul Diggle””:http://www.capitaleconomics.com/staff/property-economics/paul-diggle.html, a property economist with consultancy “”Capital Economics””:http://www.capitaleconomics.com/, wrote in a note that “”the continued weakness of mortgage applications highlights that there is little chance of significant and sustained house price gains.””Refinance share of mortgage activity plummeted to 77 percent from last week ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô the lowest since December last year. Adjustable-rate mortgages scaled up to 5.4 percent from 5 percent of total volume from the week before.He attributed a 9.7-percent rise month-over-month in refinance applications to “”the expanded HARP refinancing scheme”” as government officials continue to deploy broad refi opportunities for the market.The Obama administration announced earlier Tuesday that the “”Federal Housing Administration””:http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/fhahistory (FHA) would slash refinance premiums to 0.1 percent, estimating that the revisions could impact anywhere from 2 million to 3 million borrowers who refinance their government-backed mortgages.The Capital Economics note coincided with a “”CoreLogic””:http://www.corelogic.com/ index that found prices falling 3.1 percent year-over-year and 1.1 percent in January, which Diggle deflected with analysis that suggests prices rose 0.9 percent month-over-month in lieu of normal seasonal variations.Suggesting that market conditions may keep a hold on the still-nascent recovery, the MBA said that interest rates for fixed-rate mortgages largely remained flat last week, with a marginal decline for the 30-year loan and a slight increase for FHA-insured loans. March 7, 2012 438 Views last_img read more

Capella Singapore a hotel of distinction on Sento

first_imgCapella Singapore, a hotel of distinction on Sentosa Island, welcomed its first guests today.Michael Luible, general manager, Capella Singapore, commented “As the first Capella in Asia, it is our intention to set a new standard of personalized service. Our guests are invited to determine the experiences they desire, and we will do everything to facilitate it. Our personal assistants, a Capella hallmark, are well equipped to facilitate every need – from planning a culinary tour of Singapore specialties, to booking a corporate meeting, to arranging a romantic dinner, children’s birthday party, deep sea fishing or even a private jet.”The hotel has opened with two high-profile events in its first days. Iconic luxury brand Rolls-Royce Motor Cars is previewing its new 200EX model, while Gucci will be showcasing their spring/summer 2009 collection with a fashion show lounge event in the ballroom.Capella Singapore is situated just ten minutes from the bustling business and shopping district; however, once within the 30 acres of lush greenery, you will be instantly captivated by the serenity and discreet splendor of the hotel. Once settled in, explore the history of the majestic colonial buildings, appreciate the specially commissioned art pieces, or embark on a culinary journey at one of the dining venues, Cassia and The Knolls.Guests can opt for one of the four Constellation Rooms, each featuring its own private rooftop Jacuzzi for an indulgent treat. Even more spacious are the Sentosa Suites at 83 square meters (893 sq ft) and Capella Suites at 99 square meters (1,066 sq ft), targeted at the discerning traveler who values space and privacy.www.capellasingapore.comlast_img read more