Source: Planetizen — Reporting for Bloomberg, Tracy Alloway and Joe Weisenthal examine the weirdness in today’s unprecedented housing market. “Yes, mortgage rates have shot up, crimping affordability. But at the same time, unlike in the era prior to 2008 and...
Source: Business Insider — At Walmart, you can buy anything from a Golden Girls themed Chia Pet to ethically sourced dog nail polish – and now you can also get a mortgage. Lenders One Cooperative, a national alliance of independent mortgage bankers, banks and...
Source: CNBC — It’s a double whammy for would-be homebuyers. Not only are interest rates soaring, it’s getting harder to qualify for a loan. The average rate on the popular 30-year fixed mortgage climbed over 7% at the end of last week, according to Mortgage...
Source: Yahoo Finance — While the world’s wealthiest people earn their money in a variety of ways, many add to their fortunes through investing in real estate, which typically appreciates in value. Tesla Inc. and SpaceX CEO Elon Musk, the world’s richest man,...
Source: Business Insider— One of my biggest financial goals is to invest in real estate. I’ve always wanted to own a handful of properties, all around the country, that I rent out to tenants as a way of making passive income. While I’m years away...
Source: Planetizen — Writing for New York 1, Emily Ngo highlights the shortage of housing, particularly on the lower end of the market, that is squeezing New York City renters. “In an interconnected New York, market forces and policy, profit and politics all...
