Finance & Mortgage
Which Banks Are Exposed To Long-Distance Commercial Real Estate Lending?
Toronto’s Healthy Luxury Real Estate to Continue in 2017
Survey says Trump will be very beneficial for South Florida real estate
EDITOR'S PICKS
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Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
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Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
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How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
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What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
Los Angeles is "America’s Most Valuable Housing Market with $2.5 trillion Value Los Angeles is "America’s Most Valuable Housing Market with $2. Public Schools Popularity Drives Real Estate in Sydney
When choosing where to buy a home or where to live, there are many considerations that one should look into. These include important amenities and establishments nearby and accessibility to certain types of services. One of the growing priorities these days in Sydney is the availability of public schools, as more parents prefer to send their children to these schools given their increasing popularity. Bank of Mum and Dad is UK’s Top 10 Mortgage Lender
House prices in the United Kingdom have increased to sky-high levels that many people are having a hard time keeping up with rental rates, much more purchasing their own homes. For first-time buyers, it is a big challenge to get their foot on the market. But thanks to the Bank of Mum and Dad, they can say goodbye to their renting days. US Banks to Tighten Commercial Real Estate Lending
Some say that there is a bubble forming in some parts of the country, which caused U.S. banks to be cautious about lending in the commercial property sector. Home Price Increases Leave Millennials Seeking Help
Across the nation, home prices had increased on a year to year basis by 6.7 percent. This figure included distressed sales compared with figures from March 2015. On a month to month basis, home prices rose by 2.1 percent between February and March 2016. Mortgage Applications Continue to Drop Following Slight Rate Gain
Mortgage applications have once again dropped as a result of the slight increase in the average contract interest rate for 30-year fixed rate mortgages. Industry experts are also expecting to see a rate hike in June. China's Impact on Global Real Estate
While much of the business is in mergers and acquisitions, especially in the agribusiness sector, Chinese purchases of real estate properties and/or interests have made a splash in the global real estate market. Amongst the purchases were the $13 billion spent for Starwood Hotels &Resorts Worldwide Inc. The total volume for the quarter had already surpassed $16 billion. Mortgage Rate Drops as Global Financial Markets Affect US Stock Market
Mortgage rates continue to drop, as global financial markets appear to have affected the U.S. stock market. While this continuous drop in mortgage rates seem beneficial to interested buyers, the rise in the selling prices of homes in the market appear to negate the said benefits. Your Credit Card Paying Habits Can Affect Your Chances of Buying a Home
The entire process of buying a home – from looking for one to sealing the deal – is a long and tedious one. While having a good credit score is definitely a must if you want to apply for a mortgage, a recent report shows that your credit card bills may also affect your chances of getting an approved mortgage application. Prices of Luxury Homes on the Decline
The study differentiated homes in the top 10 percent of ZIP codes in each metropolitan city is deemed as the 'luxury market'. Comparatively, the bottom 10 percent of ZIP Codes in the same metropolitan city is deemed as the 'entry-level-market."