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Federal Reserve Cuts Interest Rates by a Quarter Point Following Election, How Could It Affect Mortgage Rates?
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Billionaire Investors Behind Rising Housing Costs, Homelessness in the US: Study
A New Jersey country estate with a vineyard is being sold by its owner for almost $3 million. A New Jersey country estate with a vineyard is being sold by its owner for almost $3 million. Bill Raveis Appoints Sons in Top Positions to Ensure William Raveis Real Estate Business' Future Growth
CEO Bill Raveis has recently appointed his two sons, Chris and Ryan, as co-presidents of William Raveis, Inc. Tribeca Associates to Acquire 47-Story Office Tower at 30 Broad Street for $130 Million
Tribeca Associates will be paying $2.7 million in rent annually to the estate of late developer Sol Goldman. Weiss Acquires Long Island City Crescent Club from Bonjour Capital for $97 Million
Weiss Realty bought a 17-story Long Island City rental property known as the Crescent Club for $97 million. This is the third time the property has been sold within four years since it was established. Armani Casa's $15 Million Penthouse Comes with Special Perks, Including Italy Trip to Meet Giorgio Armani
Buying a penthouse in the Residences by Armani Casa, a luxury tower currently being built in Sunny Isles Beach, will come with special perks. Mortgage Rates Foreseen to Remain Stable After Increases
Mortgage rates reportedly will remain steady even after a series of hikes. Despite a disordered mortgage scenario where rates rise up unpredictably economists say that consumers' monthly payments are still safe without any risk that it would also rise very soon. San Francisco Real Estate Startup OneRent Makes Rental Processing Easier for Landlords and Property Managers
Real estate tech company OneRent.co wants to act as mediator between property owners and renters. The startup’s main goal is to help landlords and potential renters simplify the rental process. Fox News Columnist Cal Thomas Wants People to Believe a Housing Crisis Is Hitting the US Again
Cal Thomas, tagged as “America’s most syndicated op-ed columnist” is confidently forecasting that the United States is inching towards another housing crisis. The Link Between Lower Yields on Treasury Bonds and Mortgage Rates
Lower yields, lower mortgage rates. Many were afraid that when the Federal Reserve increased interest rates, the mortgage rates would also go up. However, as previously reported, mortgage rates will or can move on their own, with or without the rate changes dictated by the Federal Reserve because mortgage rates are affected by many factors and the rate increase is only one of them. UK Mortgage Lending Hits Highest Since 2008
The Council of Mortgage Lenders (CML) says mortgage lending in the United Kingdom has reached its highest in seven years.
