Source: Fox Business — Amid concern about rising mortgage rates, homebuyers are entering the market earlier than usual this spring, according to George Ratiu, manager of economic research at Realtor.com. “Markets are experiencing an early start to the...
Source: USA Today — Consumer borrowing costs are headed higher. Much higher. With the Federal Reserve set to raise its key short-term interest rate by a quarter percentage point Wednesday, Americans will soon see higher rates on everything from credit cards to...
Source: My Record Journal — High demand and low inventory of houses, while causing real estate prices in Connecticut and nationwide to increase, are also driving potential buyers to get more informed and be more patient. Leticia Rodríguez, real estate agent at...
A subset of the real estate lending business exists where the loans are funded by private party investors rather than banks or other institutional lenders. This is referred to as bridge lending, private party lending, or hard money lending. The purpose of these...
Source: Daily News — Today, I’d like to delve into a subject that can benefit any business whether it’s retail, office, industrial or any service provider. I’ll bet that affects lots of my readers. Why? Because we all must use creative ways to secure new...
Source: Bankrate — Mortgage rates are rebounding after dropping at the onset of the war in Ukraine. In other news, fintech companies are offering new ways to tap home equity, and new condo mortgage rules are causing a stir. 1. Mortgage rates jump back up...