Finance & Mortgage

Real Estate News: Mortgage Rate Update

Mortgage rates for 30-year fixed mortgages rose this week, with the current borrowers rate at 3.75 percent, up one basis point from last week.

Reverse Mortgage Warning Issued

CFPB issues warning on reverse mortgages targetting senior citizens. The Consumer Financial Protection Bureau has issued a warning specifically for seniors on the possible deceptive nature of 'reverse-mortgage' advertisements.

$1 Million Parking Space Not Too Far Off

Two New York properties have listed parking slots valued at $1 million each. In a recent survey conducted, highly urbanized cities such as Boston, New York and San Francisco have a common denominator nowadays.