Source: Yahoo Finance — BEIJING (Reuters) – Two months since many Chinese homebuyers stopped repaying mortgages to protest stalled construction on their properties, a lack of progress at more sites now threatens to intensify the boycott, despite...
Source: Richmond Times Dispatch — Martha and the Vandellas probably were not singing about financial markets in their 1965 hit “Nowhere to run … nowhere to hide,” but the song describes the feeling in the market for just about everyone. The possible...
Source: The Motley Fool — If you’re buying a home, you’re making one of the biggest financial commitments of your life. You want to be sure you’re in the right place financially to do so — and that you make smart decisions during the...
Source: Billings Gazette — As interest rates shoot up, some buyers are turning to a different, and slightly more risky type of mortgage. Adjustable-rate mortgages, known as ARMs, have seen an uptick in popularity recently as home shoppers, eager to avoid...
Source: CBS News — Interest is the cost you pay to borrow money. And though it’s just one part of your monthly mortgage payments, it can often amount to significant costs over time and affect how much mortgage you can afford. Understanding how your...
Source: Inman — All-cash home purchases in the U.S. hit 31.4 percent of all transactions in July 2022, just short of an eight-year high reached in February 2022, according to new data released Friday by Redfin. Read...
Hits and Misses for the Real Estate Week of May 11-15
