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These are the best loans from the outer ...

44-02 Vernon Boulevard, 98 De Kalb Avenue and 198 East 135th Street in Mott Haven (Google Maps, iStock) The 10 largest home loans recorded in New York’s outer boroughs in May totaled $1.16 billion, well above April’s $675 million but well below the $1.84 billion of it a year ago. Six of the 10 loans […]

Blackstone Mortgage Trust declares divid...

NEW YORK–(BUSINESS WIRE)–June 15, 2022– Blackstone Mortgage Trust, Inc. (NYSE: BXMT) has declared a dividend of $0.62 per Class A common share for the second quarter of 2022. This dividend is payable on July 15, 2022 to shareholders of record at the close of business on June 30, 2022. About Blackstone Mortgage Trust Blackstone Mortgage […]

Understanding the Self-Storage Loan Mark...

The sharp rise in interest rates since the start of the year has surprised many. Amid the coronavirus pandemic, policymakers have made a concerted effort to keep interest rates low to fuel a recovery in its economic effects. Fast forward to today, and it’s a different picture. With unemployment near record lows, labor shortages, ongoing […]

How mortgage rates have changed since 19...

Unless you plan to buy real estate with an all-cash offer, you’ll likely take out a mortgage. It’s never a bad idea to be aware of mortgage rates, which can be constantly changing due to various factors—inflation, economic growth, Federal Reserve policies, bond market and relevant housing market conditions, among others. Extra space storagea real […]

How mortgage rates have changed since 19...

Unless you plan to buy real estate with an all-cash offer, you’ll likely take out a mortgage. It’s never a bad idea to be aware of mortgage rates, which can be constantly changing due to various factors—inflation, economic growth, Federal Reserve policies, bond market and relevant housing market conditions, among others. Extra space storagea real […]

Young South Korean shoppers test Yoon’s

By Jihoon Lee and Cynthia Kim SEOUL (Reuters) – Young South Koreans are buying homes in defiance of steep rate hikes that have once again highlighted a severe housing shortage, complicating President Yoon Suk-yeol’s plans to ease the crisis in the economy. housing affordability in Asia’s fourth largest economy. Oh Ye-seul, a 26-year-old who works […]

Critical Review: Angel Oak Mortgage (AOM...

Angel Oak Mortgage (NYSE: AOMR – Get a rating) is one of 75 public companies in the “Real Estate” sector, but how does it compare to its rivals? We will compare Angel Oak Mortgage to related companies based on strength of institutional ownership, risk, earnings, analyst recommendations, valuation, profitability and dividends. Profitability This table compares […]

Direct comparison: Angel Oak Mortgage (A...

Angel Oak Mortgage (NYSE: AOMR – Get a rating) is one of the 75 public companies in the “Real Estate” sector, but how does it differ from its rivals? We’ll compare Angel Oak Mortgage to related companies based on earnings strength, dividends, analyst recommendations, institutional ownership, profitability, valuation and risk. Benefits and evaluation This table […]

Angel Oak Mortgage (AOMR) vs Competition...

Angel Oak Mortgage (NYSE: AOMR – Get a rating) is one of the 75 public companies in the “Real Estate” sector, but how does it compare to its competitors? We’ll compare Angel Oak Mortgage to similar companies based on earnings strength, institutional ownership, dividends, valuation, analyst recommendations, profitability and risk. Insider and Institutional Ownership 73.2% […]

Segmented by deployment; By organizatio...

ReportLinker The Global Mortgage and Lending Software Market will exceed USD 24.6 Billion by 2030 from USD 12.1 Billion in 2020 at a CAGR of 13.24% in the coming years, i.e. say 2021-30. Product presentation New York, June 10, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Mortgage & Loans Software Market: […]

Guaranteed Rate Members Listed in NAHREP...

Guaranteed rate Inc. announced that 21 of its loan originators were featured in the National Association of Hispanic Real Estate Professionals’ (NAHREP®) Top 250 Latino Mortgage Originators’ eighth annual report. The prestigious list recognizes the best Latin American mortgage professionals in the United States, according to a statement. Of the 88 companies featured in the […]

I just sold a rental property and I can’

I’m no newcomer to investing, having spent well over half my life with money in the stock market. In fact, I remember when Charles Schwab and its discount trading model was a disruptive novelty to the old Wall Street regime. Which explains why I was so shocked when I sold my rental property a few […]

After Quietly Relocating Headquarters to...

Todd Mobraten, founder and CEO of OrangeGrid. [Photo: OrangeGrid] OrangeGrid Founder and CEO Todd Mobraten said his company is on a mission to rid the mortgage servicing industry of the need for emails and spreadsheets. After quietly moving its headquarters to the region earlier this year, the Flower Mound-based business process workflow fintech has found […]

Best Town Agents Launches Referral Netwo...

Eugene, Oregon, USA – June 7, 2022 — Best Town Agents is a newly launched business and website that provides a solution for real estate agents working with clients leaving their service area through its nationwide referral network of real estate agents and mortgage brokers. Best Town Agent’s mission is to facilitate business partnerships between […]

LeSean McCoy on getting started in real ...

LeSean McCoy is a former NFL player who now focuses on real estate investing, affordable housing development and youth mentoring. LeSean McCoy and his girlfriend focus on acquiring new properties in Harrisburg, PA and in the following article they explain how to get started in real estate investing. Real estate has always been a solid […]

Financial Review of Summit Hotel Propert...

Summit Hotel Properties (NYSE:INN – Get a rating) and Blackstone Mortgage Trust (NYSE: BXMT – Get a rating) are both finance companies, but which stock is superior? We’ll compare the two companies based on earnings strength, analyst recommendations, profitability, institutional ownership, valuation, risk, and dividends. Valuation and benefits This chart compares the gross revenue, earnings […]

Angel Oak Mortgage (AOMR) and its compet...

Angel Oak Mortgage (NYSE: AOMR – Get a rating) is one of the 75 public companies in the “Real Estate” sector, but how does it position itself in relation to its peers? We’ll compare Angel Oak Mortgage to related companies based on valuation strength, earnings, institutional ownership, analyst recommendations, profitability, dividends and risk. Analyst Notes […]

Head to Head Review: Angel Oak Mortgage ...

Angel Oak Mortgage (NYSE: AOMR – Get an assessment) is one of 75 public companies in the “Real Estate” sector, but how does it compare to its rivals? We’ll compare Angel Oak Mortgage to related companies based on its dividend strength, risk, valuation, institutional ownership, earnings, profitability, and analyst recommendations. Analyst Recommendations This is a […]

PennyMac Mortgage Investment Trust (NYSE...

Wall Street analysts expect PennyMac Mortgage Investment Trust (NYSE:PMT – Get a rating) will announce $115.40 million in sales for the current quarter, according to Zacks. Two analysts have released earnings estimates for PennyMac Mortgage Investment Trust, with the lowest sales estimate of $109.80 million and the highest estimate of $121.00 million. PennyMac Mortgage Investment […]

Former Christie’s executive Rick Moeser

Moeser has 30 years of luxury residential experience and most recently served as Executive Director at Christie’s International Real Estate for approximately 17 years. Former Christie’s International Real Estate director Rick Moeser has joined Douglas Elliman Realty as CEO of Business Development, Inman reported. Howard Lorber | Photo credit: Douglas Elliman Moeser, who has over […]

Trepp Releases First Quarter 2022 Life I...

Trepp released the Q1 2022 Life Insurance Report which revealed that asset classes in the LifeComps portfolio were impacted by a negative total return. NEW YORK, June 1, 2022 /PRNewswire-PRWeb/ — Trepp, a leading provider of data, information and technology solutions for the structured finance, commercial real estate and banking markets, has released the Performance […]

Weekly Analyst Rating Updates for Atrium...

Atrium Mortgage Investment (TSE:AI) recently received a number of ratings updates from brokerages and research firms: 05/17/2022 – Atrium Mortgage Investment has had its “buy” rating reaffirmed by analysts at Fundamental Research. They now have a price target of CA$14.00 on the stock, down from CA$14.44 previously. They wrote: “Fundamental Research Corp has released a […]

Traverse City Business News | ‘Hold on

‘Hold on tight’: Mortgage lenders weigh housing market ups and downs The Traverse City real estate market has been a ball of chaos for two years in a row. Homes selling way above asking price, dozens of bids on a single home, all-cash sales, invisible bids, bidding wars, escalation clauses, valuation gaps, Soaring real estate […]

What’s needed (and what’s not) when pre-

When potential buyers ask you for help finding a home, you need to make sure they’re qualified to make the purchase before you start working with them. But prequalifying real estate prospects, which is simply making sure they can get financing if they need it and are serious about buying a home, can usually be […]

This 6%-yielding dividend stock could he...

Mall consumers feel pain in their wallet every time they go to a gas station to pump gas. According to AAA, the average retail gasoline price is currently above $4.50 per gallon, about $1.50 per gallon higher than this time last year. That makes Memorial Day travel plans much more expensive for the roughly 36.2 […]

Cosmopolitan owners reportedly lift term...

Posted: May 28, 2022, 6:19 a.m. Last update: May 28, 2022, 6:19 a.m. A consortium of banks buying a commercial mortgage-backed security (CMBS) issued by the owners of the Cosmopolitan Las Vegas is trying to make the terms of the $3 billion debt more attractive to attract investors. Cosmopolitan Las Vegas. The owners of the […]

Real estate news: 05/28/22 | Immovable

South Carolina’s young homebuyers are 13th least likely to need a cosigner After two years of strong competition and rapid price increases in residential real estate, the market is finally showing signs of slowing down. Against a backdrop of higher prices and recent interest rate hikes, demand is stabilizing. Pending home sales have started to […]

Should I use a wire transfer or cashier’

If you have finally reached the final stage of the home buying experience, then you are on the home stretch. However, closing involves a specific set of procedures that must be followed carefully to avoid delays or complications. One such process is to secure a bank-certified method of payment, such as a cashier’s check or […]

The cost of mortgage payments is rising;...

Here’s one more sign of Washington’s tough real estate market: monthly mortgage payments are up. The median monthly payment for a new mortgage in Washington reached nearly $2,800 last month, according to new data from the Mortgage Bankers Association. That’s $811 more than the same time last year and more than $1,000 more than in […]

MMI Earns a Spot on the 2022 Inc. 5000 R...

SALT LAKE CITY, Utah, May 26, 2022 (SEND2PRESS NEWSWIRE) — Mobility Market Intelligence (MMI), a leader in data intelligence and market analysis tools for the mortgage and real estate industries, today announced that ranked #29 on Inc. Magazine’s Third Annual Inc. 5000 Regionals: Rocky Mountains list. This list ranks the fastest growing private companies based […]

Cash Home Buyers: New Services Offer to ...

If you’re buying a home in a competitive market, like this, making a cash offer gives you a major advantage. Homebuyers who made a cash bid in 2021 were four times more likely to win a bidding war, according to a recent report from Redfinreal estate brokerage. Buyers got the message. Amid intense competition due […]

What is a Certificate of Title in Real E...

What is a certificate of title? A certificate of title is a legal document issued by a government agency that indicates proof of ownership of real estate or titled personal property, such as a car or boat. Once ownership is transferred at closing, the certificate of title is proof of ownership. It sets out all […]

MISMO certifies DocMagic’s Total eClose™

MISMO’s eMortgage Technology Certification Program Grants Both Certifications to the DocMagic Platform TORRANCE, Calif., May 24, 2022 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the leading provider of compliant loan document generation, automated regulatory compliance and comprehensive electronic mortgage services, announced that it has reached the system MISMO’s electronic closing and Remote Online Notarization (RON) certifications for […]

Skylight, Invesco Land $114M Acquisition...

A joint venture between Invesco Real Estate Income Trust (INREIT) and Skylight Real Estate Partners has secured $113.5 million in acquisition financing to acquire a majority stake in a New Jersey multi-family asset, Commercial Observer has learned. American bank provided the loan for the JV’s $160.5 million acquisition of Everly Roselanda 384,648 square foot, 360-unit, […]

Real estate update: what does inflation ...

Consumers are strained by inflation – from the gas pump to the grocery store – and are beginning to slow down their spending since last year. Experts expect a slowdown in real estate over the next two quarters: there are 70 regional real estate markets with more than a 40% chance of seeing house prices […]

12 ways to prepare to buy a house

Even a first time home buyer knows that a new home is do not an impulse purchase. You can’t just walk into the waltz and say, “I’ll take it!” Long before you make that offer (on paper, through your real estate agent) — and even before you head to your first open house — there’s […]

Comparison of Angel Oak Mortgage (AOMR) ...

Angel Oak Mortgage (NYSE: AOMR – Get a rating) is one of the 75 public companies in the “Real Estate” sector, but how does it stand out from its rivals? We’ll compare Angel Oak Mortgage to similar companies based on the strength of its analyst recommendations, earnings, valuation, dividends, profitability, institutional ownership and risk. Dividends […]

Cambridge Savings Bank helps local busin...

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Cambridge Savings Bank (SCB)a full-service mutual bank with a customer-focused approach and more than $5 billion in assets, today announced that its commercial lending team has provided a $2.1 million commercial real estate mortgage and a construction loan to permanent to acquire and renovate a new building in Hingham, Massachusetts to a special […]

I’m the chief economist at Realtor.com.

George Ratiu is Senior Economist and Head of Economic Research at Realtor.com. real estate agent.com For more than 15 years, George Ratiu has studied the housing market. He is a Senior Economist and Head of Economic Research at Realtor.com, where he focuses on trends in global economies and real estate markets. He is also a […]

More startups sprout in Tampa Bay’s comp

For nearly a month, Julie Youngblood has been traveling around Florida to meet real estate agents. She’s helping the Austin-based company Homeward, which pays cash for homes upfront while buyers finalize their own financing, get started in the state’s boiling real estate market. From town to town, Youngblood trained local real estate agents on this […]

7 mortgage REITs now offer dividends of ...

There are 212 real estate investment trusts, or REITs, currently included in the FTSE Nareit all-REIT index, 174 of which trade on the New York Stock Exchange. These 174 have a market capitalization of approximately $1.35 trillion. That’s just over half of Apple’s $2.42 trillion market capitalization. A comparison with the second most valuable company […]

Flushing Financial Corporation announces...

UNIONDALE, NY, May 17, 2022 (GLOBE NEWSWIRE) — Flushing Financial Corporation (the “Company”) (Nasdaq-GS: FFIC), the parent company of Flushing Bank (the “Bank”), today announced that the Board of Directors (the “Board”) has authorized an increase in the purchase of its common stock by 1,000,000 shares. Shares may be purchased from time to time, on […]

5 Ways to Expand Housing Supply

For millions of American renters and home buyers, the pandemic-era housing boom served up a harsh first-hand lesson in Economics 101. The supply of homes is lagging behind the demand for homes of a population growing. As a result, house prices soared from record to record, and rental rates soared. A crucial solution, economists say, […]

Home sales fall in April as mortgage rat...

OTTAWA (ON), May 16, 2022 /CNW/ – Statistics released today by the Canadian Real Estate Association (CREA) show that national home sales declined in April 2022. Sales activity, history, forecast and 10-year average (CNW Group/Canadian Real Estate Association) Strong points: National home sales fell 12.6% month over month in April. Actual monthly activity (not seasonally […]

Everett M. Dobrinski buys 1,000 shares o...

Federal Agricultural Mortgage Co. (NYSE: AGM – Get a rating) Director Everett M. Dobrinski acquired 1,000 shares of Federal Agricultural Mortgage in a trade dated Wednesday, May 11. The shares were purchased at an average price of $103.30 per share, for a total transaction of $103,300.00. Following completion of the transaction, the administrator now directly […]

Western Asset Mortgage Capital Corporati...

PASADENA, Calif.–(BUSINESS WIRE)–May 13, 2022– Western Asset Mortgage Capital Corporation (the “Company”) (NYSE: WMC) today announced that Lisa Meyer, President, Chief Financial Officer and Treasurer of the Company, will be leaving the Company to pursue another opportunity. The Company is in the process of identifying candidates to succeed him and will provide an update when […]

Brokers expect PennyMac Mortgage Investm...

Analysts expect PennyMac Mortgage Investment Trust (NYSE:PMT – Get a rating) to report sales of $114.15 million for the current quarter, Zacks Investment Research reports. Two analysts have made earnings estimates for PennyMac Mortgage Investment Trust, with the lowest sales estimate of $107.30 million and the highest estimate of $121.00 million. PennyMac Mortgage Investment Trust […]

Housing problems bring windfall to multi...

What is good news for investors is bad news for future owners in a difficult market. In January, First American kicked off the year with sobering market analysis in its monthly model of potential home sales. The report describes millennial demand as the driving force in the housing market, although first-time buyers face a tough […]

Mutual of Omaha rebrands reverse mortgag...

Mutual of Omaha Mortgage’s reverse mortgage division announced this week that it is rebranding its consumer-facing home equity conversion (HECM) to purchase (H4P) mortgage option to illustrate more clearly the most common expected result of such a loan for a borrower. Mutual of Omaha will now refer to its H4P loan product as its “lifestyle […]

As property market cools, recent New Zea...

WELLINGTON (Reuters) – When Aarti and Gaurav Kathuria were saving for their first home, a three-bedroom townhouse in Auckland, they cut back on restaurant meals and other expenses so they could build up the big deposit. Now, just months after paying NZ$875,000 ($560,000) for a home in one of the world’s most unaffordable cities, they […]

Wolters Kluwer launches OmniVault for re...

MINNEAPOLIS–(BUSINESS WIRE)–Wolters Kluwer Compliance Solutions today launched its OmniVault for real estate financing Solution. OmniVault for Real Estate Finance uses the company’s advanced technology, award-winning eVault technology to support digital home equity lending, both HELOCs and home equity lending, in addition to conventional, US government and jumbo first mortgages already supported. Banks and credit unions […]

Gas Station Loans: Financing Options for...

A gas station loan can help you buy a new gas station, gas station or convenience store, expand an existing one, or increase the number of gas stations you own. Gas station financing or a business line of credit can also help you with the day-to-day costs associated with operating a gas station or convenience […]

Rate lock volumes fell in April as mortg...

LifestyleVisuels/E+ via Getty Images Amid rapidly rising long-term mortgage rates, rate foreclosure activity fell in April, reflecting home affordability concerns, according to the Black Knight Origins Market Watch report. Specifically, rate lock volumes fell 20% M/M in April, driven by a further sharp drop of 50% in rate/term refinance activity in the wake of a […]

AG Mortgage Investment Trust (NYSE:MITT)...

AG Mortgage Investment Trust (NYSE: MITT – Get a rating) and Global Medical REIT (NYSE: GMRE – Get a rating) are both small cap finance companies, but which is the better company? We’ll compare the two companies based on the strength of their profitability, risk, institutional ownership, earnings, valuation, dividends and analyst recommendations. Profitability This […]

PennyMac Mortgage Investment Trust (NYSE...

PennyMac Mortgage Investment Trust (NYSE: PMT – Get a rating) saw its price target lowered by Jonestrading research analysts from $18.50 to $18.00 in a research note released Friday to investors, Fly reports. Jonestrading’s price target would suggest a potential upside of 15.38% from the company’s current price. PMT has been the subject of a […]

California offers new loan program for f...

Do you want to buy a first home, but you don’t have enough money? California is offering a new home loan program for first-time home buyers who need to pay a down payment. the California Housing Finance Agency (CalHFA) offers the Equity Repayable Loan Program, under which new owners can obtain repayable loans of up […]

Pineapple Expands Mortgage Services to A...

Canadian mortgage leader partners with APlus Mortgage Group and Shoreline Mortgages to serve the Atlantic Provinces, setting the stage to drive growth (CNW Group/Pineapple Financial Inc.) TORONTO, May 4, 2022 /CNW/ – Pineapple Financial Inc. (Pineapple), from Canada leading digital mortgage destination for the modern homebuyer, is pleased to announce that it will now offer […]

Shared equity platform point to launch i...

The new offer will provide up to 15% of a home’s purchase price to be paid for a down payment, helping buyers qualify for more expensive homes and avoid private mortgage insurance. Shared Equity Platform Indicate says it will use $115 million in Series C funding to expand its product line to include a down […]

DENVER HOUSING MARKET: Weekly Denver Rea...

DENVER (STACKER) – Spring home buying season is known to be quite robust, but with interest rates continuing to steadily climb, no one knows what this spring will ultimately bring. Last week, the average interest rate on a 30-year fixed rate mortgage reached 5.37%, up from 5.20% last week and still the highest since 2009. […]

Cherry Hill Mortgage Investment (NYSE:CH...

Cherry Hill Mortgage Investment (NYSE: CHMI – Get a rating) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Friday, Zacks.com reports. According to Zacks, “Cherry Hill Mortgage Investment Corporation is a residential real estate finance company that acquires, invests and manages residential mortgage assets […]

Maine real estate fraud rises as scammer...

May 1—LEWISTON — Today’s housing market is, in many ways, the tightest it has ever been in Maine and the entire country. There are simply more potential buyers than inventory – an imbalance that is unlikely to resolve for months or years. Despite fears about inflation and rising mortgage rates, the insatiable demand for new […]

AG Mortgage Investment Trust (MITT) will...

AG Mortgage Investment Trust (NYSE: MITT – Get a rating) is expected to release its earnings data before the market opens on Friday, May 6. AG Mortgage Investment Trust (NYSE: MITT – Get a rating) last released its quarterly earnings data on Wednesday, February 23. The real estate investment trust reported EPS of $0.33 for […]

Provisions for Amendments April 2022 – G

In our March issue of REF News & Views, we have focused on the four core components to qualify as a green lending product that complies with the Green Lending Principles (“GLP”). As a reminder, the GLP aims to facilitate and support environmentally sustainable economic activity by providing a framework of market standards, guidelines and […]

3 tips for finding the right lender and ...

The most important part of the home buying process is financing. Determining how much you can afford and getting pre-approved for a mortgage are usually the first steps before you start your search. But how do you know if you are working with the right lender? And how do you know which loan program to […]

Mortgage Volume Crushed by Soaring Inter...

The boom is over. And there are wider effects. By Wolf Richter for WOLF STREET. Soaring mortgage rates are multiplying the effects of soaring house prices on mortgage payments, and they’ve taken layer after layer of homebuyers out of the market over the past four months. And we can see that. Mortgage applications to buy […]

New Ontario rules target private mortgag...

A real estate sign in front of a house in Toronto on June 19, 2009.Chris Roussakis/Reuters Over the past 12 months, mortgage broker Mark Mitchell has heard of a growing cohort of homeowners who want to join the booming private mortgage business, despite the inherently higher risks. “I was surprised when it started happening, for […]

#FOCUSDisruption: How can students prepa...

#FocusDisruption is an all-media collaboration of the Montclair State School of Communication and Media. Our goal is to report stories that highlight the effects or disruptions of the past two years and the solutions that have emerged. All aspects of everyday life have been changed, but we will mainly focus on how mental health, education […]

Lawsuit claims Wells Fargo discriminated...

ATLANTA (WSB) — A class action lawsuit alleges Wells Fargo discriminated against black borrowers at all stages of the home loan process. “I pay on time and my credit is good,” Wells Fargo customer Henry Umeana said. An IT professional with a sterling credit rating and a down payment ready to go, Umeana said there […]

AG Mortgage Investment Trust, Inc. (NYSE...

Shares of AG Mortgage Investment Trust, Inc. (NYSE: MITT – Get a rating) received an average “Buy” rating from the six research firms that cover the business, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The 12-month average price target among […]

Here is the latest Birmingham property u...

According to the Mortgage Bankers Association, mortgage applications are down 5% since last week. With rising mortgage rates and median house price trending in the same direction, the downward trend in home sales (down 4.5% year over year) appears to be continuing. Since March 2022, the National Association of Realtors found that median home prices […]

Million-Dollar Milestone: Orange County ...

The median home price in Orange County hit $1 million last month, becoming the first county in Southern California to hit that high price and underscoring just how expensive the area has become. The threshold was crossed when the Orange County median selling price for new and existing homes, condos and townhouses rose from $985,000 […]

Why Real Estate Investors Love Mobile Ho...

For decades, the term “mobile home park” was not welcome when it came to investing in real estate. Although mobile home parks and manufactured homes have served as a bridge between low-to-middle income buyers (or renters) and quality housing for decades, “trailer parks,” as they are often called, conjured up many images, most of them […]

Mortgage interest rates rise with signs ...

April 22, 2022, 02:51Updated 3 hours ago By: News 12 Staff Mortgage interest rates hit a 12-year high with no signs of slowing down. The big increase means most people would have to give the bank more money to take out a loan. This leaves many people to consider whether to strike before interest rates […]

As landlords stay put, U.S. housing inve...

Nine out of 10 US mortgages carry an interest rate below 5%, Axios reported. Mortgage rates are rising, which could mean fewer existing homeowners will sell and re-enter the market. Without these additional homes on the market, the US housing bubble could continue to grow. Loading Something is loading. The current owners have a big […]

Gantry Achieves $1.07 Billion in Commerc...

SAN FRANCISCO–(BUSINESS WIRE)–Portico, the largest independent commercial mortgage bank in the United States, achieved $1.07 billion in new commercial mortgage originations across all major property types during the first quarter of 2022. As the market disruption Due to a series of significant economic forces putting upward pressure on rates and tightening underwriting criteria, Gantry’s production […]

Claros Mortgage Trust, Inc. (NYSE:CMTG) ...

Claros Mortgage Trust, Inc. (NYSE: CMTG – Get a rating) saw significant growth in short-term interest in March. As of March 31, there were short interests totaling 6,300 shares, a growth of 21.2% from the March 15 total of 5,200 shares. Based on an average trading volume of 33,900 shares, the short-term interest rate ratio […]

New home construction improves despite h...

Numbers: U.S. homebuilders began building homes at a seasonally adjusted annual rate of about 1.79 million in March, up 0.3% from upwardly revised numbers the previous month. , the US Census Bureau reported on Tuesday. Compared to March 2021, housing starts increased by nearly 4%. Permits for new homes were issued at a seasonally adjusted […]

Commercial/multi-family borrowing less a...

According to an updated forecast released by the Mortgage Bankers Association (MBA). Multi-family loans alone (which are also included in the total figures above) are expected to fall to $418 billion in 2022, down 11% from last year’s estimated record of $470 billion. . MBA projects borrowing and lending will […]