Mortgage Rates Tuesday: Higher, but With Fewer Foreclosures

The average rate on a 30-year fixed-rate mortgage rose two basis points, the average 15-year fixed-rate climbed three basis points and the average rate on the 5/1 ARM went up one basis point, according to a NerdWallet survey of daily mortgage rates published by national lenders Tuesday.
See Original Article

At a time when it's harder for small, independent mortgage lenders to make it, two local companies are doubling down. Public Service Mortgage and Prestige Mortgage are merging. Starting around the beginning of 2018, the new company will be Endurance Mortgage — a nod to the tough times lenders
See Original Article

It addresses various business issues such as financial and accounting affairs, mergers and acquisitions handling, real estate advisory, litigation, forensics, restructuring, risk or regulatory compliance. This service is sub categorized as risk management, corporate finance, transaction services, real estate
See Original Article

Canada has ditched a plan to buy 18 Super Hornet jet fighters from U.S.-based Boeing and will instead buy 18 used F-18 fighters from Australia. Prime Minister Justin Trudeau has said Canada will stop doing business with Boeing if the U.S. company doesn't drop a trade complaint against Canadian
See Original Article

It is important to be aware of the preferred payment mode by buyers in the market. Also, in general, people prefer paying in a familiar currency; so for products sold internationally, it is important to think about being able to accept different currencies. And, if the payment is not being offered in local
See Original Article

Shorter moving average timeframes are more sensitive to price fluctuations and can pick up on trend changes more quickly than longer-term moving averages. However, these more frequent signals may also result in more “whipsaws”, resulting in erroneous trade signals. Apollo Commercial Real Estate
See Original Article

Colliers Executive Vice President Steve Wasserman, one of the leaders of the South Florida Industrial Services team, talked to Commercial Property Executive about the trends that shaped the industrial real estate market in 2017, as well as about what to expect going forward. South Florida's industrial
See Original Article

“Our view is that we can go for a soft landing here in terms of price developments, activity level in the housing market and the building and construction sector,” he said in a November interview in Oslo. In that same interview he also questioned the solidity of the krone-oil decoupling, arguing that history
See Original Article

DeepMind, the artificial intelligence (AI) unit of Google owner Alphabet, is trying to find out whether AIs can learn how to cheat. The research is potentially important because of the fears of many—such as Elon Musk and Stephen Hawking—that AIs could eventually end up turning on us, taking over the
See Original Article

Bitcoin futures just became a reality on Wall Street, but Sweden has been offering derivatives on the cryptocurrency for years. That gentrification has driven bitcoin trading in Scandinavia's biggest economy to alarming levels, according to an online brokerage that facilitates the transactions. “The euphoria
See Original Article

The outstanding debt on commercial and multifamily mortgages increased by $45.4 billion, or 1.5 percent, to $3.11 trillion in the third quarter from the second quarter, according to new data from the Mortgage Bankers Association (MBA). In a separate measurement, the MBA added that the multifamily
See Original Article

“Are you really trying to bully, intimidate and slut-shame @SenGillibrand? Do you know who you're picking a fight with? Good luck with that.” Warren was coming to the defense of Sen. Kirsten Gillibrand (D–N.Y.) whom the president had attacked moments earlier in his own tweet that reeked of sexual
See Original Article

The accolade is given each year to a word looked up on Merriam-Webster's online dictionary disproportionately more than in previous years. Feminism beat out contenders such as dotard, complicit, recuse and empathy for the 2017 top spot. “No one word can ever encapsulate all the news, events,
See Original Article

Oaktree Specialty Lending Corpo (NASDAQ:OCSL) and LendingClub Corporation (NASDAQ:LC) are both Financial companies that recently hit new highs. Many investors are wondering what to do with these names trading at such extreme levels. To determine if one is a better investment than the other,
See Original Article

The CoreLogic Performance Insights Report for the month says the national delinquency rate is now 5.0 percent. … of strong job growth, low unemployment rates, steady economic performance and prudent underwriting has led to continued improvement in mortgage performance heading into next year.
See Original Article

Woodforest National Bank Named Lending Partner of the Year by Justine PETERSEN. Information contained on this page is provided by an independent third-party content provider. Frankly and this Site make no warranties or representations in connection therewith. If you are affiliated with this page
See Original Article

As Bitcoin continues to soar in valuation, new investors are joining the craze, even if they don't initially have the money to pay for the cryptocurrency. Securities regulator Joseph Borg says he has seen people doing everything from running up credit card debt to mortgaging their homes to pour money into
See Original Article

After Sen. Kirsten Gillibrand (D-N.Y.) called for President Donald Trump's resignation following multiple sexual assault allegations that have come out against him, the commander-in-chief hit back in a suggestive tweet early Tuesday. “Lightweight Senator Kirsten Gillibrand, a total flunky for Chuck
See Original Article

This is not something a guy who's making $100,000 a year, who's got a mortgage and two kids in college ought to be invested in.” Bitcoin began … But unlike the mortgage industry, bitcoin has not fallen under the eye of the Consumer Financial Protection Bureau and other financial regulatory agencies.
See Original Article

“Our goal is to be a thin layer that works across lots of different vehicles, lots of different pieces of hardware, and works with pretty much any piece of software that someone would want to deploy on a vehicle,” CEO Chris Heiser told Fortune. “So in a way it's like AWS, in that you can deploy software on it
See Original Article