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Inflation is back in a big way: What that means for borrowers and mortgages

Inflation is back in a big way: What that means for borrowers and mortgages

by Third Party | Dec 20, 2021 | News/Current Events, Real Estate News

Source: Journal Star —  Inflation hit 6.8% in November, its loftiest level since the long-ago era of Reaganomics and America’s war on inflation. If prices continue to soar, mortgage rates will head higher, too. But there’s a silver lining to this cloud for...
How to buy real estate in metaverse: A step-by-step guide

How to buy real estate in metaverse: A step-by-step guide

by Third Party | Dec 20, 2021 | News/Current Events, Real Estate News

Source: CNBC TV —  Metaverse is a step towards the digitalisation of the real world through a combination of augmented reality (AR), virtual reality (VR), and video. The virtual universe allows users to work, play and stay connected with friends in the virtual...
2 men plead guilty in $15 million mortgage fraud scheme

2 men plead guilty in $15 million mortgage fraud scheme

by Third Party | Dec 19, 2021 | News/Current Events, Real Estate News

Source: OC Register —  Two men involved in a $15 million mortgage fraud scheme in Orange County have pleaded guilty and are set to be sentenced on January 10, 2022.. Jimmy Phan, 47, and Vinh Phan, 46, entered their pleas on Thursday, Dec. 16, according to court...
After career in fashion, CT woman rises up ranks in real estate

After career in fashion, CT woman rises up ranks in real estate

by Third Party | Dec 19, 2021 | News/Current Events, Real Estate News

Source: CT Insider —  When Tammy Felenstein bought her second house in 1995, she found the emotional toll overwhelming. She didn’t understand how anyone could navigate the process for a living and even said as much to her real estate agent. “When you’re the...
4 Real Estate Trends Smart Investors Are Watching for 2022

4 Real Estate Trends Smart Investors Are Watching for 2022

by Third Party | Dec 19, 2021 | News/Current Events, Real Estate News

Source: The Motley Fool—  The past couple of years have been anything but ordinary for real estate investments. Last year, in response to the COVID-19 pandemic slowdown, the Federal Reserve slashed interest rates to record lows and mortgage rates followed. Many...
Lawmakers advance real estate transfer tax proposal

Lawmakers advance real estate transfer tax proposal

by Third Party | Dec 19, 2021 | News/Current Events, Real Estate News

Source: Wyoming News —  CHEYENNE – Though it may not appeal to all parts of Wyoming, legislators pushed forward a bill this week that would allow for a local option 1% tax on real estate sales over $1 million. The Joint Revenue Committee voted 8-4 Wednesday to...
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