Source: firsttuesday Journal — Question: What is the difference between a business and consumer mortgage loan? Answer: A business mortgage — also known as a commercial loan — is a separate category of mortgage controlled by California rules and practices than a...
Source: Fox Business —Â Mortgage rates dropped further last week to the lowest level since September, creating more opportunities for homebuyers, according to Freddie Mac. The average rate for a 30-year fixed-rate mortgage fell to 6.15% for the week ending Jan....
Source: Maximum Real Estate Exposure — How to Price a House For Sale Pricing a house in a way that will encourage a timely sale is quite challenging for home sellers and often for Realtors. House pricing isn’t rocket science, yet so many get it wrong. Numerous...
Source: Crain’s Chicago Business — (Bloomberg)—The slump in the world’s biggest asset class has spread from the housing market to commercial real estate, threatening to unleash waves of credit turmoil across the economy. Almost $175 billion of real estate...
Source: CoStar — For most U.S. real estate brokers, job hopping is part of a successful career where executives can negotiate bigger paychecks — and a more important-sounding title — at a new company once they have proven themselves to the industry. But...
BCB Bancorp Sells $205.3 Million in Problem Loans, Takes $43.3 Million Loss
