Benchmark Mortgage Rate Inching Up, Ending 2017 Around 4%

Benchmark Mortgage Rate Inching Up, Ending 2017 Around 4%

… benchmark 30-year mortgage inched up 5 basis points over the past week to 3.99 percent, which is the highest rate in five months and 2017's low of 3.78 percent but still 33 basis points below the 4.32 percent rate in place at the same time last year, according to Freddie Mac's Primary Mortgage Market
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The IRS's Guidance on Property Taxes Has the US Confused

Residents wait in line to pay taxes at the Fairfax County Government Center Dec. 28, 2017 in Fairfax, Virginia. Photographer: Chip Somodevilla/Getty Images. New guidance from the Internal Revenue Service that limits taxpayers' ability to deduct prepaid property levies on their 2017 tax returns is
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Homes in KC metro gained $10.2B in value this year, Zillow says

… market website Zillow. This year, all the homes in the Kansas City metro are valued at a combined $140.3 billion, an annual increase of 7.8 percent. … In 2017, the nationwide housing market grew at its fastest pace — 6.5 percent — in the last four years, according to Zillow. In 2013, the overall value of
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Rivals Erode Bitcoin's Store of Value

Coinmarketcap.com, a website that tracks bitcoin and its rivals, has a chart that shows their market values. At the beginning of this year, bitcoin made up nearly 90 percent of the total value, or all of the money that has been invested, in digital currencies. As of Monday, though, bitcoin's share had shrunk to
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Mortgage fraud defendant wonders why he is treated as 'Public Enemy No. 1'

Bruce Lewis has spent his second Christmas in jail, having been declared a flight risk and danger to the community, as he prepares to fight a mail fraud charge, despite having being denied the right to represent himself in court. “I'm so sad I can't stop crying,” Lewis wrote in a Dec. 26 letter to U.S. District
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Posh Miami condo listed for just $33. The catch? Bitcoin only

Bitcoin recently began slowly penetrating the housing market, however due to its large fluctuations it has yet to become a major player. … HousingWire wrote an article back in August 2014 on the most expensive bitcoin real estate purchase to date, which was in a posh Lake Tahoe, California community.
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Ask George and Chuck: Seller typically pays title insurance during sale

Q: I was selling my house. My current wife, Connie, gave the escrow officer her driver's license, then mentioned that she was not the same Connie who took title to the real estate 25 years ago. She was trying to be open and truthful. I had two wives named Connie. The title company shut down the closing.
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Orlando-based First Green Bank halts marijuana business

In a possible sign of trouble for the marijuana business in Florida, Orlando-based First Green Bank said Thursday it would stop handling accounts for businesses that sell marijuana products, even though state law permits such businesses for medical marijuana products. “We have made the tough
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Local real estate companies announce merger

Two real estate companies based in Acadiana will be merging. Van Eaton & Romero, a Latter & Blum company, announced in a press release that it will merge with Lafayette-based Coldwell Banker Pelican Real Estate. The addition expands Van Eaton & Romero's Lafayette area operations, adding
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2017 proved to be a watershed year for fin-tech cos, say entrepreneurs

Furthermore, the implementation of GST has helped to shift MSMEs that were operating offline to now bring their records online – this has generated a wealth of SME data which will aid tech-enabled lending to this segment. Fintech players and new-age NBFCs will be able to mine SME and consumer
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fäm Properties helps tenants find faster solutions for maintenance issues

Devised by fäm Properties, one of the UAE's largest real estate brokerages, it gives landlords peace of mind by delivering real-time condition reports, … Having last month launched a sophisticated market analysis tool providing real-time insights into Dubai property trends, fäm Properties believes its new
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K. Hovnanian Enterprises, Inc. Announces Exchange Offer and New Financing Transactions

The obligations under the New Notes will be fully and unconditionally guaranteed by the Company, and substantially all of its subsidiaries, other than the issuer of the New Notes, the Subsidiary Purchaser, the Company's home mortgage subsidiaries, certain of its title insurance subsidiaries, joint
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Premier agent spotlight: Kidwell's experience helps clients in real estate journey

“I am very creative, think outside the box and draw on many years of experience in real estate to help my clients reach a successful closing,” Kidwell said. Outside of her long real estate career spanning three decades, she also has worked as a top producing sales associate, has been the broker/owner
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Does Trilogy International Limited's (NZE:TIL) PE Ratio Signal A Buying Opportunity?

Trilogy International Limited (NZSE:TIL) trades with a trailing P/E of 16.1x, which is lower than the industry average of 25.2x. While TIL might seem like an attractive stock to buy, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions. In this article, I
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Salt Lending (SALT) soars 31.91% on December 27-28

Salt Lending (SALT) had a good 24 hours as the crypto jumped $3.52 or 31.91% trading at $14.54. According to Top Cryptocoin Analysts, Salt Lending (SALT) eyes $15.99 target on the road to $29.80. SALT last traded at Liqui exchange. It had high of $17.01 and low of $10.91 for December 27-28.
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Top bank tech trends for 2018

More banks, meanwhile, are experimenting with mobile-only applications designed to help them reach areas where they lack a physical presence. And institutions are also increasingly trying to seize on AI or voice-enabled gadgets as a way to expand consumer banking. The question remains over how
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San Francisco Home Belonging to Jailed Real Estate Tycoon Sells for $18.8M

San Francisco Home Belonging to Jailed Real Estate Tycoon Sells for $18.8M … A Mediterranean style-home in San Francisco owned by Luke “Lucky Luke” Brugnara, a real estate mogul currently imprisoned for art fraud, sold last week for … Mansion Global could not verify the buyer of the property.
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Movie Biz Banking on Big Franchises (Again) in 2018 to Reverse Box Office Slump

At a time when the movie business is undergoing a massive disruption, an early glance at the 2018 schedule looks like there will be plenty of strong reasons for moviegoers to leave home in the next year — maybe even in August, which was a box office wasteland in 2017. The best bets include four
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The Code for This Game-Changing Apple OS Will Be Released in 2018

Some time in 2018, the Computer History Museum (CHS) plans to release the source code for Apple's Lisa, one of the first personal computers to feature a graphical user interface. The 1983 Lisa was a commercial failure, but it blazed the drag-and-drop trail that the Apple Macintosh would follow to
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Bank of Baroda to buy out partner's stake in AMC venture

Bank of Baroda on Thursday said it will purchase its joint venture partner UniCredit's entire 51 per cent stake in Baroda Pioneer Asset Management Company (AMC) and Baroda Pioneer Trustee Company Private Ltd (Trustee). BoB has executed a share purchase agreement (SPA) with UniCredit SpA,
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