SunTrust is planning on closing their Denver, Dallas and Richmond wholesale branches within the next 60 days according to a highly reliable source.
From the SunTrust Web site:
SunTrust Mortgage, Inc. is a wholly-owned subsidiary of SunTrust Bank - a $180.3 billion financial institution operating in Virginia, the District of Columbia, Maryland, North Carolina, South Carolina, Georgia, […]

You heard it right folks.  For those of you playing roulette trying to game the mortgage interest rate market in light of recent Fed activity let this be a good lesson.  The Fed cuts and mortgage interest rates go higher.  Don’t be fooled in to believing that the interest rates you pay on your mortgage […]

Jobless claims surged and sent stocks plummeting in the opening minutes today as traders worried about the possible onset of the credit/housing-bust led recession.  First time claims rose by 69,000 to 375,000 smoking estimates of a smaller rise of jobless claims to 320,000.
Even factoring in for seasonal volatility the number came as a shock to […]

ByTheOwner.com was recently featured in the National Post and the Financial Post. The articles focuse on our owner, Nicolas Bouchard, and our growth since 1997.
The articles can be read by clicking on the link below:
National Post Article Financial Post Article
In the past 3 months, ByTheOwner.com has been featured in:
The Toronto Star
The Halifax Daily […]

Is this a strange characterization of higher taxes?
Toronto homeowners will face a 3.75 per cent property tax increase this year, as well as the city’s new land transfer tax which comes into effect today. The Toronto land transfer tax, which comes into effect today, is expected to raise $175 million for city coffers. There will […]

A gorgeous new version of Redfin.com just went online. The premise of the release is Freakish Depth: to update our website with up-to-the-minute data on every new listing and to provide more information about each listing and its neighborhood than any other website. We still have a long ways to go.
But look how far we’ve […]

Citing a weakening economic environment the Federal Reserve cut interest rates 50 basis points in an attempt to soften the impending economic crash landing.  In other news the dollar was seen shooting glares of jealousy at its friend the Euro.
From the Fed statement:
 ”Financial markets remain under considerable stress, and credit has tightened further for some […]

“The profile of home buyers will change significantly in the next few years, according to a public telephone survey conducted in September for the Greater Montréal Real Estate Board (GMREB). The survey, which is the fourth one, helps profile buyers and sellers, as well as measure their intentions over the next five years.
Buyers’ and Sellers’ […]

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Fizber.com announces adding home listings to a popular photo sharing site Picasa in an effort to increase online exposure for its clients.