Don't fall for the mortgage 'Value Trap'

Don't fall for the mortgage 'Value Trap'

There's a concept in stock investing called “value trap” – an investor looks at the current valuation and thinks it's potentially a bargain due to historical
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New Affordable Housing Celebrated in Florida's Panhandle With Completion of "Pinnacle at …

Pinnacle at Hammock Crossings benefits from public/private financing partnerships through the allocation of Housing Tax Credits from Florida
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New VA policy protects veterans from predatory lending

The U.S. Department of Veterans Affairs (VA) has a new policy designed to protect veterans from predatory lending practices when obtaining a
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Sec. Ross Says ZTE Will Be Shut Down on Further Violations

U.S. Commerce Secretary Wilbur Ross discusses steps the U.S. government is taking to monitor ZTE Corp. He speaks with Bloomberg's David Westin
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Fox Brings World Cup Into Social Media Age With Twitter Webcasts

Rachel Bonnetta, a Canadian sports journalist and smartphone addict, is helping her network keep up with soccer fans' relentless appetite for World
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Tesla vs Former Employee Story Takes Bizarre Twist With an Alleged Threat

Tesla is enhancing security at its Nevada “Gigafactory” after the company says it received word of a potential threat from a former employee. A Tesla
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Iran May Yet Save an OPEC Output Deal

Iran has offered OPEC something that could begin to ease the fraught atmosphere in Vienna. A potential compromise, though, would require the group
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Mortgage Payments Require Largest Share of Income Since 2009

Monthly mortgage payments on the typical U.S. home required 17.1 percent of the median income in Q1 2018. From 1985 to 2000, mortgage
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World stocks fall and the dollar slips with investors flocking to bonds

New York — Stocks around the world fell on Thursday and the dollar slipped from a peak as investors flocked to bonds after weak economic data and
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Mortgage Rates Mellow Out

The average rate on a 30-year fixed-rate mortgage has fallen to 4.57%, down from last week's 4.62%, says mortgage giant Freddie Mac. The loans in
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ATTOM: Housing affordability reaches 10-year low

ATTOM: Housing affordability reaches 10-year low … with their historic affordability averages than the coastal markets,” Blomquist told HousingWire.
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Real Estate Transfers

The following real estate transfers were recorded recently in town: … 224 Andover St.: SSKG Realty LLC to Shawsheen Mannix LLC, $2,450,000.
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SNB says still monitoring real estate market closely

ZURICH, June 21 (Reuters) – The Swiss National Bank continues to monitor the mortgage and real estate markets closely and regularly reassesses
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Making a fresh start? New mortgage helps those going through separation

For many people, taking on the existing mortgage for the family home or getting a mortgage for a new property alone is unaffordable. In some cases, a
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Alibaba v. Tencent: Taking the Fight to Southeast Asia

CHINA'S TWO TECHNOLOGY giants are mostly homebodies. Unlike Alphabet's Google, Amazon and Facebook, which rely on overseas markets for a
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Mortgage rates move lower for the third time in a month

In this Wednesday, June 20, 2018 photo, a house is advertised for sale in Miami. On Thursday, June 21, Freddie Mac reports on the week's average
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Supply Headwinds, Higher Rates Affecting Mortgage Market Despite Robust Economy

Amidst these obstacles, Freddie Mac is forecasting total (new and existing) home sales in 2018 to increase 2.8 percent, home price appreciation to be
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Home Prices Are at Their Least Affordable Levels Since the Financial Crisis

Buying a home hasn't been this hard in over a decade. A new home affordability study from Attom Data Solutions finds that housing prices in the U.S.
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Partnership with KleinBank doubles Old National's presence in the Twin Cities area

Headquartered in Chaska, Minnesota, Klein Financial, Inc. is one of Minnesota's largest community banks serving the Twin Cities and surrounding
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Goldman Sachs Leads $40 Million Investment in Anti-Phishing Firm Agari

We can tell when something deviates from a typical Docusign or Expensify document that your boss might send,” Agari CEO Ravi Khatod told Fortune.
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