Tag Archives: news
Jumbo home rates dip below 30-year fixed
Jumbo mortgages are giving traditional 30-year fixed mortgages a run for your money, pending home sales are on the rise, and the “Listing of the week” will put you within walking distance of your next jam sesh. Continue reading
World’s costliest home on market at $1.1B
For a cool $1.1 billion, you can own Villa Les Cedres (the cedars) in the billionaires’ holiday town of Saint-Jean-Cap-Ferrat, near the city of Nice.
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Fed: Real estate loan demand jumped in Q2
Demand for residential real estate loans strengthened in the second quarter over the previous period, a Federal Reserve survey said. Continue reading
Existing home sales slump in July
Exist home sales fell for the first time since March and decreased year over year for the first time since November 2015, the NAR study shows.
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Home sales grow at fastest pace in 9 years
New home sales rose 12.4%, reaching a seasonally adjusted rate of 654,000 units. That beats a revised June figure of 582,000 and is 31.3% higher than the July 2015 rate of 498,000 units.
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With homes, good fences make fast sellers
When selling your home, brag about your fenced backyard if you have one. You might sell your house faster. Continue reading
Bernie Sanders buys 3rd home, for $575K
Does owning a vacation home make Bernie Sanders a 1-percenter? Probably not; he might be more like a 3.5-percenter. Continue reading
Best mortgage servicer award goes to…
Most mortgage companies starve their servicing departments, to the frustration of their captive customers. The companies that do a good job of servicing deserve attention for it. Continue reading
Big problem getting a little mortgage
Good luck if you want a mortgage for less than $50,000. They’re hard to get, and that’s a problem. Continue reading
Homeownership rate hits 51-year low
Homeownership fell to a 51-year low in the second quarter, due to a combination of factors including aftereffects of the Great Recession. Continue reading