Friday, 15 November 2024

Finance & Mortgage

'Mortgage Tips: What Happens When Your Lender Goes Out Of Business?

So here's one question most borrowers ask: When mortgage lenders go out of business, do homeowners still have to make their monthly payment? If you are one of the people who ask this question, this write up is for you.

'Mortgage Trends: Existing Home Sales Dip, Home Price Hike And New Regulation May Be The Causes

According to National Association Of Realtors, the sales of pre owned homes dropped lower than expected this November. Existing home sales were expected to slow down with a 5.3 million sales based on a seasonally adjusted rate. However, November's reading resulted to a 4.76 million sales and it represented a 10.5% drop in existing home sales for month-to-month. For a year-over-year figures, existing home sales were 3.8% lower.

'Dublin's Property Prices Felt Biggest Monthly Drop In A Year

It was a sharp decline for residential property prices in Dublin for the year, as recorder last month at 1.3%, Irish Times reports.

EDITOR'S PICKS

'Cameron Diaz Nabs Buyer for Downtown NYC Condo

After only about 47 days on the market, actress Cameron Diaz has put her downtown NYC condo at 59 W. 12th St. into contract, according to the Observer.

By Staff Reporter
'Blockchain Could Change The Real Estate Industry

It has been a bad year for cryptocurrency bitcoin with investors losing sums of money from hacking attacks and scams. While it is unlikely to catch on as a mainstream mode of payment for the next year, blockchain which is the ledger like technology that bitcoin runs on is expected to be explode in the coming year of 2016, Benzinga reports.

By Staff Reporter
'Real Estate Tips: Title Insurance Potential Problems; How To Avoid Them?

Title insurance is necessary to protect our real estate investment. However, there are instances that this is also the cause of the problem. So, in order to avoid problems concerning this insurance, it is wise to know its potential pitfalls.

By Staff Reporter
'Vancouver's Top Real Estate Stories In 2015

Despite a rough year for Canada's economy with a drop in oil prices and a less-than-performing Canadian dollars, the country's real estate market has been awesome for the year 2015, The Georgia Straight Reports.

By Staff Reporter
'The Santa Bubble: Why Mortgage Rates are Up Right Now

During the holiday season, interest rates rise by about 0.25 percent across the board, and buying a home this time won’t make buyers happy because they’re going to pay more for their loan than they would have before December. Here are some reasons why it is called the “Santa Bubble.”

By Staff Reporter
'NSYNC's Chris Kirkpatrick is Selling His $2.3M Orlando Home

Chris Kirkpatrick, the former counter-tenor of NSYNC, may not be as popular as his former band mate Justin Timberlake, but that doesn’t mean he isn’t enjoying a nice life. The former boy band member is selling his gorgeous home in Orlando for $2.3 million.

By Staff Reporter
'Miami Most Difficult Place To Rent in the US, Study Says

The constant rising rents are financially affecting Miami residents more than anyone else in the United States, as a new study reveals that the Florida city is apparently the most difficult place to rent in the country.

By Staff Reporter
'Quicken Loans: 'Planning To Invest In A Home? Buy Now'

People who are planning to buy a house or refinance an existing real estate loan only have a three- to six-month window before mortgage rates increase. A day after the Federal Reserve announced that they are increasing their interest rates, Quicken Loans CEO Bill Emerson encouraged prospective homeowners to make a move before it is already too late.

By Staff Reporter
'Real Estate Tips: What Are The Disadvantages Of Sharing Your Home With A Roommate?

As rents in many major real estate markets like San Francisco and Los Angeles soar, taking on a roommate to help pay the bills has become a trend. While having a roommate may make things easier financially, there are also disadvantages in having one.

By Staff Reporter
'Offshore Real Estate: Why Is The Caribbean The Perfect Piece Of Real Estate For Retirees?

A lot of seniors are hesitant to make an offshore investment in the Caribbean because they believe that real estate value in the islands are beyond their financial capacity. That is not exactly true. There are actually fabulous island locales that are affordable for retirees.

By Staff Reporter
'Real Estate Tips: Renovations That Decrease Your Home Value

While it is true that renovation can bump up home value, there are certain improvements that create the adverse effect. Moves such as removing a bedroom, tearing down a closet, repurposing garage space and putting up more wallpapers than necessary can all lower down the value of a home.

By Staff Reporter
'US Rental Market Dilemma: Why You Can't Afford Rent Even If You Make A Decent Salary

Recent studies show that apartment developers have largely been catering to wealthy renters. As a result, the average asking rent dramatically increased, outpricing low and middle-income renters.

By Staff Reporter