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Count your pandemic-related mortgage blessings

Count your pandemic-related mortgage blessings

by Third Party | Nov 27, 2021 | Mortgage Information, News/Current Events

Source: Orange County Register —  Time for the holiday season-celebrations, starting with the Thanksgiving kickoff festivities, with all its trimmings and blessings. Hanukkah lights it up early this year, with the first candle on Saturday night. A fast month...
Metaverse Land Prices Mirror Real-World Real Estate as Investors Flock to Virtual Worlds

Metaverse Land Prices Mirror Real-World Real Estate as Investors Flock to Virtual Worlds

by Third Party | Nov 27, 2021 | Industry Updates, Mortgage Information, Real Estate News

Source: PYMNTS —  Thinking about building a club or a casino or a virtual storefront in the metaverse? Better talk to a broker, because at least some of that augmented reality (AR) land is priced through the roof. On Tuesday (Nov. 23) Reuters reported that...
No, the housing market isn’t about to crash—but Redfin does say some good news awaits buyers in 2022

No, the housing market isn’t about to crash—but Redfin does say some good news awaits buyers in 2022

by Third Party | Nov 26, 2021 | Industry Updates, Mortgage Information

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...
A Subtle New Pitfall For Mezzanine Loan Borrowers

A Subtle New Pitfall For Mezzanine Loan Borrowers

by Third Party | Nov 25, 2021 | Industry Updates, Mortgage Information, Real Estate Agent Tools

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...
Millennials Are Now the Biggest Generation and Mortgage-Makers

Millennials Are Now the Biggest Generation and Mortgage-Makers

by Third Party | Nov 25, 2021 | Industry Updates, Mortgage Information

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...
Mortgage assistance program available for North Las Vegas homeowners

Mortgage assistance program available for North Las Vegas homeowners

by Third Party | Nov 25, 2021 | Mortgage Information, Real Estate News

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...
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