Banks’ mortgage offerings lost steam in July following property tax hike
Source: Taipei Times --- Total mortgages offered by the nation’s banks continued to grow in July, albeit at a slower pace following amendments to the Income Tax Act (所得稅法), which took effect on July 1, data compiled by the Financial Supervisory Commission showed last...
How Much Should I Spend On My First Home?
Source: Daily Voice --- One of the biggest questions for first-time homebuyers is, "How much can I afford?" Before you start looking for a home, you should absolutely have your budget in mind. You don’t want to fall in love with a home that’s out of your price-range...
Today’s Mortgage Rates, September 21, 2021 | Rates Moved Higher
Source:Time --- Looking at today’s mortgage rates a number of rates inched up. The averages for both 30-year fixed and 15-year fixed mortgages both saw an increase. At the same time, average rates for 5/1 adjustable-rate mortgages (ARM) also had an upswing. The...
Property: Cheap mortgages lift UK housing transactions to decade-high
Source: Yahoo Finance --- Cheap mortgages and a continued migration due to new coronavirus housing preferences continued to power the UK housing market in August, as transactions headed upwards yet again. Despite the end of the stamp duty holiday, and the fact that...
News/Current Events
Property: Cheap mortgages lift UK housing transactions to decade-high
Source: Yahoo Finance --- Cheap mortgages and a continued migration due to new coronavirus housing preferences continued to power the UK housing market in August, as transactions headed upwards yet again. Despite the end of the stamp duty holiday, and the fact that...
Real estate outlook for the upcoming year
Source: 13NewsNow --- Buying a home in 2021 has been nothing short of frustrating; inventory has been down, prices have been up, and in many cases, you can’t even wait a day before a prospect is gone. The U.S. housing market has gotten so out of whack -- with demand...
Google’s spending $2.1 billion for even more New York City real estate
Source: Arstechnica --- Google is once again snapping up more real estate in New York City. Tuesday the company announced it was buying one of the buildings it currently leases: Google is buying Manhattan's St. John’s Terminal at 550 Washington Street for $2.1...
Big Sell-Off In Chinese Real Estate Stocks Caused Worldwide Market Dip
Source: UPR --- ARI SHAPIRO, HOST: There was a major sell-off in markets around the world today. The Dow fell 614 points, or about 1.8%, its worst day in more than two months. It did recover some of those losses at the end of the trading day. The big dip was all...
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Industry Updates
Banks’ mortgage offerings lost steam in July following property tax hike
Source: Taipei Times --- Total mortgages offered by the nation’s banks continued to grow in July, albeit at a slower pace following amendments to the Income Tax Act (所得稅法), which took effect on July 1, data compiled by the Financial Supervisory Commission showed last...
Today’s Mortgage Rates, September 21, 2021 | Rates Moved Higher
Source:Time --- Looking at today’s mortgage rates a number of rates inched up. The averages for both 30-year fixed and 15-year fixed mortgages both saw an increase. At the same time, average rates for 5/1 adjustable-rate mortgages (ARM) also had an upswing. The...
Property: Cheap mortgages lift UK housing transactions to decade-high
Source: Yahoo Finance --- Cheap mortgages and a continued migration due to new coronavirus housing preferences continued to power the UK housing market in August, as transactions headed upwards yet again. Despite the end of the stamp duty holiday, and the fact that...
Real estate outlook for the upcoming year
Source: 13NewsNow --- Buying a home in 2021 has been nothing short of frustrating; inventory has been down, prices have been up, and in many cases, you can’t even wait a day before a prospect is gone. The U.S. housing market has gotten so out of whack -- with demand...
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Mortgage Information
New Mortgage Rule Aims to Stop Avoidable ForeclosuresSeptember 20, 2021
FHFA Reverses Previous Housing Market Reform ProgressSeptember 19, 2021
Should you call out real estate agent who put their best interest above yours?September 15, 2021
Should you pay off your mortgage or invest the money?September 10, 2021
New York City is Google’s second-biggest campus after its headquarters in Mountain View, and this building will be part of the 1.7 million-square-foot “Hudson Square campus,” which has expanded several times now. https://bit.ly/2Zoh1fK #WREnews #RealEstate #Arstechnica
The U.S. housing market has gotten so out of whack — with demand far outpacing supply — that prices have risen to record levels and roughly half of all U.S. houses are selling for above their list price. https://bit.ly/3hZh4Fb #WREnews #RealEstate #13NewsNow
The trial came six years after Durst’s confession was aired in the HBO series “The Jinx,” in which Durst was caught on microphone in the bathroom saying to himself, “What the hell did I do? … Killed them all, of course.” https://bit.ly/3lQM7nY #WREnews #RealEstate #Reuters