Source: Fortune — It’s understandable that some sidelined home shoppers think this unprecedented housing market is set to pop. They see an ongoing real estate run—which has sent U.S. home prices soaring 19.9% over the most recent 12-month period—that echoes the...
Source: Forbes — Commercial real estate financing structures often include not only mortgage loans but also mezzanine loans. These latter loans are secured by pledges of ownership interests in the mortgage borrower. If the mezzanine loan defaults, the mezzanine...
Source: Motley Fool — Key Points Millennials now outnumber baby boomers and account for more than half of new mortgage applications. Gen X was the biggest buyer just five years ago but has seen its share slip ever since. High-tech markets and some major...
Source: Fox 5 — A non-profit organization is offering to help catch families or individuals up on up to 6 months of mortgage back payments or future payments. Chicanos Por La Causa (CPLC) said $300,000 of aid is available. Housing Director Rumaldo Chaidez, said...
Source: Refinery 29 — Pregnant women and new mothers who apply for mortgages with some of the UK’s biggest lenders are being declined because taking time out from work will cause a temporary drop in earnings, Refinery29 has learned. Thirty-two-year-old...
Source: Market Watch — Dear MarketWatch, I hope you can help me figure this out. I am 69 years old and will turn 70 at the end of the month. I’ve been offered a cash out refinance loan and need to decide whether to take a 15- or 30-year loan. My monthly...
