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Mortgage financing options in a higher interest rate environment
Source: Consumer Financial Protection Bureau --- Over the past two years, interest rates have risen from historical lows to as high as 7% for 30-year fixed-rate mortgages. Interest rates have remained elevated at levels that haven’t been seen for nearly 20 years....
3 Signs You’re About to Use the Wrong Mortgage Lender
Source: The Ascent --- These days, signing a mortgage means taking on a really big financial commitment. Home values are still elevated on a national level, and mortgage rates are the highest they've been in decades. And so chances are, if you're taking out a...
Finland Passes Law Banning Russians from Buying Real Estate
Minister of Defense Antti Häkkänen said, “This decision sends a clear message — we will not allow Finland to be undermined.” Continue Reading Finland Passes Law Banning Russians from Buying Real Estate
Two Illinois MLSs Team on Data-Sharing Partnership
“This is a major step toward improving real estate collaboration,” said MRED President and CEO Rebecca Jensen. Continue Reading Two Illinois MLSs Team on Data-Sharing Partnership
Home Price Increases Slowed for the Third Consecutive Month
Prices have increased for 21 consecutive months, with price appreciation peaking at 5.6% in December. Continue Reading Home Price Increases Slowed for the Third Consecutive Month
New Bipartisan Effort to Upgrade Affordable Housing Credit Program
Reps. Darin LaHood (R-IL), Suzan DelBene (D-WA) reintroduced the bill. Continue Reading New Bipartisan Effort to Upgrade Affordable Housing Credit Program
Airbnb’s SuperPAC Aims $5 Million at NYC Election Campaigns
Airbnb has yet to financially back any of the candidates for mayor. Continue Reading Airbnb’s SuperPAC Aims $5 Million at NYC Election Campaigns
Toronto Office Building to Become Loft-Style Residential Property
The e-lofts are being aimed at “young professionals, creatives, and urban families seeking a dynamic live/work lifestyle.” Continue Reading Toronto Office Building to Become Loft-Style Residential Property
Penthouse in World’s Tallest Building Listed for $51 Million
The 107th and 108th floors of the Burj Khalifa are approximately 1,300 feet above the streets of Dubai. Continue Reading Penthouse in World’s Tallest Building Listed for $51 Million
Zillow Bans Private Listings from Platform
eXp Realty has become the first brokerage to align itself with Zillow’s new policy. Continue Reading Zillow Bans Private Listings from Platform
Pending Home Sales in Mid-Atlantic Region Up by Nearly 40%
“Falling mortgage rates could give the housing market a boost this spring,” said Dr. Lisa Sturtevant, chief economist at Bright MLS. Continue Reading Pending Home Sales in Mid-Atlantic Region Up by Nearly 40%
Blackstone Acquires Texas Industrial Portfolio for $718 Million
The portfolio consists of 25 Class A buildings totaling 6 million square feet. Continue Reading Blackstone Acquires Texas Industrial Portfolio for $718 Million
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