Source: Fox Business — Mortgage interest rates fell for the first time in weeks in early November, hitting 3.09% annual percentage rate (APR), according to the latest Primary Mortgage Market Survey from Freddie Mac. But despite this drop, experts said...
Source: The Economist — If the economy is a machine, then monetary policymakers are backroom engineers. On November 4th they held the Bank of England’s interest rate steady at 0.1%, but seem poised to tweak it upwards soon. Investors expect the rate to rise...
Source: The Salt Lake Tribune — Defaults are always a possibility for anyone lending in real estate, whether they are acting as an individual private lender or investing in “crowdfunded” real estate development. How the default situation is handled can be...
Source: Forbes — The mortgage application process can be lengthy. When filling out your application, you’ll need to provide a handful of personal and financial information—plus the documents to support it. Understanding what goes into a mortgage application can...
Source: Ris Media— Homeowners will likely look at the past year of mortgage rate performance with fondness or even regret as the days of historic lows fade. Based on recent Freddie Mac reports, 30-year fixed-rate mortgages (FRM) at 3.14%, are breaking from...
Source: IDS News — The Bloomington City Council discussed some of the current challenges of increasing home-owner and renter costs facing Bloomington residents regarding renting and home ownership Wednesday. In a comprehensive housing report from the City of...
Hits and Misses for the Real Estate Week of Aug. 3-7
