Source: Richmond Times Dispatch — Ray LaMontagne most likely wasn’t referring to real estate in his song titled “Trouble” featured in an iconic Travelers Insurance commercial where a dog frets about a good place to hide his bone with the lyrics “worry just...
Source: Reuters — Close to half a million low-income homeowners in the United States, many of them minorities, are nearing the end of mortgage forbearance plans that allowed them to halt loan payments during the pandemic, presenting a test for the mortgage...
Source: 11 Alive — The housing market is finally starting to cool off after a buying spree earlier in the pandemic. Realtors say they have been seeing fewer offers on certain homes in Metro Atlanta. Ricardo Accioly bought his DeKalb County home last September,...
Source: Yahoo Finance — It’s inevitable, homeowners: The pandemic-fueled low mortgage rate party will come to an end. The economy’s open, more than 2 million jobs were created in the last three months, and COVID-19 relief programs are being allowed to...
Source: Market Watch — For years, I lived in a “flex” one-bedroom apartment that I shared with a roommate on the Upper East Side of Manhattan. I paid $1,600 for my share of the rent — and throwing away that money every month was getting to me. I wanted to...
Source: Forbes — When Wall Street turns real estate mortgages into commercial mortgage-backed securities, those securities must first be given a rating. To do that, rating agencies scrutinize an exhaustive list of data points for each loan included in the...
