``In a series of texts reviewed by Business Insider that appear to have been sent by Andrea to her sister, Jessica, in March 2015, Andrea said their father had "no moral or legal compass." "Don't fool yourself," Andrea wrote to her sister, according to the texts. Show More Summary
New construction homes are selling fast. Buyers believe their employment opportunities are great, and call for higher rates and prices in 2017.
``Expected tax cuts were a major reason for the market's 10% post-election "Trump reflation" trade. But as we reported over a week ago, Trump can't get his tax plan through until Congress addresses health care... Defeat for health care tomorrow could delay Trump's tax cuts well into fiscal year 2018 -- or later. Hence yesterday's sell-off. ''
Current mortgage rates are falling, thanks to a less aggressive Federal Reserve and a stifling stock market. Is it time to lock?
A unit of Brookfield Asset Management foreclosed on a $60 million mezzanine loan after owners of the former music industry mecca [The Brill Building] failed to make a $5.6 million payment in November. The owners -- including Allied Partners,...Show More Summary
Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bondes price drop and rates increase. When the economy pulls back, interest rates tend to fall.
Is it okay to apply with two or more mortgage lenders? To make sure you get approved, or to lock in the best interest rate? There are pros and cons to this strategy.
Just a month or so into Trump's administration, one of the central promises of his campaign -- the killing off of the Affordable Care Act -- is in trouble. Trump's inability to hold coalitions together, or really do much of anything beyond generate TV ratings, is already showing. Show More Summary
Sears warned investors that it can't be sure that it will secure the liquidity it needs to keep its doors open. If it continues to experience losses it may not be able to access additional funds under its credit agreement, according to the filing. Show More Summary
``Yesterday morning, we wrote that 17 House Republicans opposed or leaned strongly against the GOP health-care plan that's scheduled for a vote Thursday. Then President Trump visited Capitol Hill and appeared to threaten GOP lawmakers,...Show More Summary
January's sales pace was unrevised at 5.69 million units, which was the highest level since February 2007. Economists polled by Reuters had forecast sales decreasing 2.0 percent to a pace of 5.57 million units last month. "Realtors are...Show More Summary
Home values did not rise in January, the first time in 59 months that's happened. But, prices are up nearly 6% for the year. Is it time to buy?
Buying a house, especially a fixer-upper, is an investment that could pay off big-time, or deplete every resource you have. Follow these tips for choosing financing and unloading your property for profit.
February was a strong month in terms of availability of mortgage credit and volume of mortgage applications for new homes, according to separate indices by the Mortgage Bankers Association (MBA). The MBA’s Mortgage Credit Availability...Show More Summary
With divorce comes plenty of other problems. There goes the issue of who gets the house, who gets the furniture, who gets the kids. It is not an easy time and finding a new place to live indeed adds to the stress of the situation. If you are in custody of the children, choosing an […] The post Can I Use Alimony to Qualify for a Mortgage? appeared first on Blown Mortgage.
This past weekend, I celebrated my 50th birthday with family and friends. I have two (not much) younger sisters who love to ask “don’t you feel older” and my answer is typically “not really”. I’m actually pretty excited to be the big 5-0…beyond being able to join AARP! The first thing I did on Monday, […]
... stocks have soared despite these miserable growth fundamentals. So what gives in this no-earnings-growth environment? Turns out the only thing that has soared is the price-earnings multiple. Over the three-plus years, it expanded...Show More Summary
As Bloomberg describes tonight, H-1B visa applications are due at the beginning of April, so if the Trump Administration fails to implement its fixes by then, it's at least a year before they'll have any effect. Moreover, the lack of apparent momentum on this front does not bode well for meaningful changes.... Show More Summary
``Apart from these numerical gains, the far right managed to set the agenda for the entire campaign season. Both the VVD and the Christian Democratic Appeal (CDA), which ended at nineteen seats, waged a more explicitly racist and Islamophobic campaign than ever before.''
The second important factor in real estate is financing. Not everyone has money, so what can they do? The answers were shocking. Be ‘creative' was the first response. Pool your money, borrow from friends and family, own just 5% of a house, get the money however you can and just do it - remember, it only goes up. Show More Summary