How's the market? Six mortgage myths debunked

How's the market? Six mortgage myths debunked

The interest rate on your mortgage helps you calculate monthly payments, but the APR allows you to compare various mortgage options because it
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Stocks rally…Mortgage rates edge up…Trump to talk about prescription drug prices

Mortgage buyer Freddie Mac says the rate on 30-year, fixed-rate mortgages ticked up to an average 4.86 percent from 4.85 percent last week. A year
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Housing options disappear for low-income renters

Low income renters are struggling with housing needs as they fight against competition for the shrinking number of affordable units, according to a
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Homeowners are staying put longer than ever before

In its Potential New Home Sales Report for September 2018, First American points to an underperforming housing market. “Rising interest rates create
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All Things Real Estate: Winter Maintenance Tips

Weather Stripping – Be sure to add stripping to the following areas to keep drafts out. Windows; Doors; Vents/Fans. Clean Gutters – Keep those gutters
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Madison County to auction off delinquent real estate, mobile homes in Alton

ALTON — Madison County has completed its tax deed proceedings on real estate properties that were delinquent for 2014 and mobile homes that
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Mortgage Loan Defect Index Up for September

The frequency of defects, fraudulence and misrepresentation in mortgage applications in September increased by 1.3 percent compared with the
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ComplianceEase anticipates growth in home equity lending

A record amount of home equity wealth is propelling the creation of diverse equity-release products designed to help homeowners leverage this
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Current Trend: Whitestone REIT (NYSE: WSR)

The long-term trend of the EPS is an important number as it indicates the … Whitestone REIT is part of the real estate sector and trades as part of the
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Australians fall behind in understanding mortgage language

Signing up to a mortgage is often a person's biggest lifetime expense and experts have urged borrowers to get a better understanding of the different
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NotaryCam appoints new executive vice president of marketing and business development

NotaryCam announced Friday that Kelly Purcell has been appointed executive vice president of marketing and business development.
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Dow Drops Don't Spell Doom for Luxury Real Estate Market

“Because the individual isn't dependent on loans, high-end real estate is rather impervious to interest rates,” Ms. Schleif said. Recent stock market
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GDP grows 3.5% in third quarter, championed by consumer spending

“This in turn should push down the unemployment rate even lower – keeping housing demand up even in the face of somewhat higher mortgage rates
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Citadel Servicing rolls out financing product for small multifamily properties

Citing growing market demand, Citadel Servicing Corp. has created a new non-prime/non-QM funding product for multifamily and mixed-use
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Expedia dives headfirst into short-term rentals, acquires Pillow and ApartmentJet

Expedia Group, the online travel giant that includes Hotels.com, trivago, Orbitz, Travelocity, Hotwire, and more, also has two of the biggest names in
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Recent Trend: Kite Realty Group Trust (NYSE: KRG)

Kite Realty Group Trust is in the real estate sector and is part of the REITs industry. The company CEO is John A. Kite. Kite Realty Group Trust is a
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September brings largest single-month delinquency spike in a decade

Mortgage delinquencies surged in September, bringing the largest single-month delinquency spike in a decade, according to the latest First Look data
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Tesla Says DOJ Sought Documents on Model 3 Production Guidance

Bloomberg News first reported in August that the U.S. Securities and Exchange Commission was scrutinizing Tesla's public pronouncements on
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Mortgage Rates Uptick in US

According to Freddie Mac's newest Primary Mortgage Market Survey, U.S. mortgage rates increased slightly across the board in mid-October 2018.
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Real Estate Rumors: Capital One, Cornell, Codina

Law360 (October 26, 2018, 5:49 PM EDT) — Family trust Leo F. Weber Real Estate Investment has purchased an apartment complex close to
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