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New York company makes City’s largest real estate purchase

New York company makes City’s largest real estate purchase

by Third Party | Jan 5, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: Santa Monica Daily Press —  The largest real estate deal in the city’s history closed this week with the sale of eight properties to New York based real estate company Tishman Speyer. According to a statement from brokerage Walker & Dunlop, Tishman’s...
Mortgage Rates Increased to 3.27% Last Week. Here’s What Experts Forecast Amid Rising Inflation and COVID Cases

Mortgage Rates Increased to 3.27% Last Week. Here’s What Experts Forecast Amid Rising Inflation and COVID Cases

by Third Party | Jan 4, 2022 | Mortgage Information, News/Current Events

Source: Next Advisor —  Mortgage rates increased slightly by 0.01% last week to 3.27%, a movement consistent with what housing experts have been forecasting for months: Mortgage rates will rise in 2022.  Rates have been moving up and down slightly amid growing...
Non-profit pays off mortgage on home of U.S. Marshal killed in Baton Rouge

Non-profit pays off mortgage on home of U.S. Marshal killed in Baton Rouge

by Third Party | Jan 4, 2022 | Mortgage Information, News/Current Events

Source: brproud.com —  JACKSON, Miss. (AP) — A non-profit group has fully paid the mortgage of a U.S. Marshal killed in the line of duty at a motel in Baton Rouge, Louisiana. The Tunnel to Towers Foundation in a news release announced New Year’s Eve that it had...
For some, a reverse mortgage might be the key to a better life

For some, a reverse mortgage might be the key to a better life

by Third Party | Jan 4, 2022 | Mortgage Information, News/Current Events

Source: The Santa Clarita Valley Signal—  Life is full of experiences – work, finding love, paying taxes, staying healthy, raising a family and more. Once a person reaches a certain age, it is time to relax and enjoy life and loved ones as much as possible....
HPD Announces Plans For 100% Affordable Development In Brooklyn

HPD Announces Plans For 100% Affordable Development In Brooklyn

by Third Party | Jan 3, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: Real Estate Weekly — The New York City Department of Housing Preservation and Development (HPD) today announced the development partners and plans for Site 1 of the Bedford-Stuyvesant Community Wealth and Wellness RFP. Almat Urban and the...
Real estate trends to follow in 2022

Real estate trends to follow in 2022

by Third Party | Jan 3, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: York News Times —  Rent-to-own platform ZeroDown compiled a list of 10 real estate trends to follow in 2022 using information from real estate agents, forecast models, brokers, and other real estate experts.   Read...
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