Linking does not necessarily constitute endorsement. Each description is by the applicable publication. Enjoy:
- Mortgage closing costs are on the way up
Higher mortgage rates aren't the only things driving up the cost of buying a home. Mortgage closing costs are up, too. Loan origination and other fees rose 6% over the past year.
- Hindsight to Insight: The Lure of Land | BlackRock Blog | ETF Global market intelligence
- Huge Geographic Differences | John Burns Real Estate Consulting
- Report: Why Default Rates Were Lower in Europe Compared to the U.S.
Even though both the United States and Europe experienced price declines starting in 2007, the increase in mortgages default rates over time was much more severe in the United States compared to Europe. For example, in the United States, prices fell 7.7 p
- Fed tapering will be for wrong reason: El-Erian
There won't be enough economic growth to justify the Fed's tapering, Pimco's Mohamed El-Erian tells CNBC.
- Sober Look: Freddie Mac takes the first step in transferring mortgage default risk to the private sector
- Manhattan Homes Under $3 Million Never Harder to Buy – Businessweek
With $1 million to spend and no need for a mortgage, Laiyan Wong expected to be able to easily buy a two-bedroom apartment on Manhattan’s Upper West Side. What she didn’t anticipate was how much competition she’d have.
- Freddie Mac posts $5B profit | 2013-08-07 | HousingWire
Freddie Mac posted a profit of $5 billion in the second quarter and advised no Treasury draws will be required for the period. That income is up from $4.6 billion in the first quarter, making this the enterprise’s seventh consecutive quarter of profitability and the second highest profit in the company’s history. Given Freddie’s net worth of $7.4 billion, the firm's September dividend obligation to the Treasury came in at $4.4 billion. Meanwhile, credit quality continues to improve at the GSE as it benefits from . . .
- New Life for Older Buildings in Europe
When applying the idea of recycling to old or underused buildings, it is not just a matter of reusing the structure or materials, but also of best use, said speakers at ULI Europe’s annual conference in Paris. "It’s about up-cycling our old buildings," said Laura Muller, head of corporate social responsibility for Corio N.V., who led the discussion.
- Mortgage originator News: SEC points finger at brokers in BofA suit
The SEC has accused mortgage brokers of originating the majority of the bad loans that went into an $855m mortgage- – Mortgage Professional America Magazine
- Church Property Sales on the Rise | Brokerage content from National Real Estate Investor
The Roman Catholic Church has made headlines in recent years for closing parishes across the country from New York to Detroit in a major effort to restructure its archdioceses. Yet the mass closings reflect a broader shift impacting a variety of religious organizations. The downsizing stems from declining revenues, shifting demographics and high costs associated with maintaining aging facilities.
- Florida AG alleges Broward mortgage relief scam – South Florida Business Journal
Parkland resident Nicholas Torgerson ran a mortgage relief scam through two companies…
- Improving Housing Market List Drops 11 Metros | Realtor Magazine
A housing index that tracks improving housing markets showed signs of cooling this month, following consistent climbs in recent months.
- Bidding Wars are Back | Multi-Housing News Online
5 things multifamily investors need to know in this seller’s market.
- Student-Housing Sector Gets “A” Grade from Experts | Atlanta content from National Real Estate Investor
After showing impressive resilience during the Great Recession, the student-housing sector is set for a strong future and is attracting increased interest from investors.
- Buying Real Estate Investments While Nearing Retirement
Buying real estate as a retirement investment can be a good decision when you follow a few simple rules.
- Strengthening Economic Activity Seen Offsetting Investor Concerns Over Interest Rates – CoStar Group
Analysts believe it is becoming more and more likely that commercial real estate loans coming due in the next few years will face a higher rate environment. However, the strengthening economy is expected to offfset near-term investor…
- Screen Test: Major Credit Bureaus Sharpen Tenant Screening – Credit – Multifamily Executive Magazine
Tenant screening has come a long way since its inception. The three major bureaus are much more accurate in how they portray residents, and the information is finally growing more consistent from bureau to bureau.
- Mortgage Applications Plummet Throughout July
According to Capital Economics, mortgage application volume fell 18.6 percent from June to July, doing slightly better than the 22.5 percent drop from May to June. Applications for refinancing dropped 24.2 percent over the month, again performing slightly
- Micro News – Mortgage News Daily
- Best practices: photography and your real estate brand | Inman News
- Pimco, BlackRock Seek to Bar California Mortgage Seizures – Bloomberg
Pacific Investment Management Co. and BlackRock Inc. are among bond investors seeking a court order blocking Richmond, California, and Mortgage Resolution Partners LLC from seizing mortgages through eminent domain, saying the initiative would hurt savers and retirees.
- Best case: Rates drift lower from current levels | 2013-08-07 | HousingWire
It seems that move-up and luxury builders are less susceptible to the consequences of higher mortgage rates than an entry-level buyer would be, according to Sterne Agee analyst Jay McCanless. Repeat homebuyers should have equity already built up from their previous homes, reducing monthly payments and improving affordability. In an analyst report from McCanless, he estimates the worst case scenario for mortgage rates as of now is that they advance to the high 5% to low 6% range which approximates the 265 basis points average mortgage rate . . .
- How To Take Care of a Rental Property Remotely, Landlord Rental Tips
The biggest concern here is how the property can be managed remotely without paying huge property management and leasing fees to a real estate company.
- Top Ten Mistakes Businesses Make Regarding Insurance | McNees Wallace & Nurick LLC – JDSupra
10. No Flood Insurance – The standard commercial property policy does not cover flood damage. To be covered for flood damage, a business owner has to purchase a separate flood…
- Koreans Look to the U.S. for Real Estate – WSJ.com
So far this year, South Korea has become the biggest foreign investor in real estate world-wide.
- GLOBAL MARKETS-Shares, dollar drop on Fed tapering uncertainty – Yahoo! Finance UK
'GLOBAL MARKETS-Shares, dollar drop on Fed tapering uncertainty' on Yahoo! Finance UK. The dollar fell to a seven-week low on Wednesday while U.S. and European stocks waned as investors mulled when the Federal Reserve may start to remove the massive stimulus it has injected into the economy …
- Fed Will Need Treasury's Help Exiting QE – Business Insider
A two-step plan.
- Moby on Photographing LA Architecture
In addition to being an internationally successful musician, Moby is also an avid photographer. He began shooting photos at the age of 10, and has since he
- Ten forces forging China’s future | McKinsey & Company
In this executive briefing, read highlights and takeaways from the 2013 McKinsey Quarterly special edition on China. A McKinsey Quarterly article.
If you are an investor in 1-4 unit properties in Arizona, California, Nevada, Oregon, Utah, or Washington, please do the financially responsible thing and make sure you have proper Landlord Insurance with PropertyPak™. We love focusing on real estate and the economy in general, but we are also here to serve your insurance needs.
Hill & Usher (PropertyPak™ is a division) has many insurance offerings. See our menu above for more info and links.
Did this post help you? Let us know by leaving your comment below.
Note: This blog does not provide legal, financial, or accounting advice. Seek professional counsel.
Furthermore, we, as insurance producers, are prohibited by law from disparaging the insurance industry, carriers, other producers, etc. With that in mind, we provide links without staking out positions that violate the law. We provide them solely from a public-policy standpoint wherein we encourage our industry to be sure our profits, etc., are fair and balanced.
We do not necessarily fact checked the contents of every linked article or page, etc.
If we were to conclude any part or parts of our industry are in violation of fundamental fairness and the legal standards of a state or states, we'd address the issue through proper, legal channels. We trust you understand.
The laws that tie our tongues, so to speak, are designed to keep the public from losing confidence in the industry and the regulatory system overseeing it. Insurance commissioners around the country work very hard to analyze rates and to not allow the industry to be damaged by bad rate-settings and changes in coverages. The proper way for people in the industry to deal with such matters is by adhering to the laws, rules, and regulations of the applicable states and within industry associations where such matters may be discussed in private without giving the industry unnecessary black eyes. Ethics is very high on the list in the insurance industry, and we don't want to lose the people's trust. That said, the industry is not perfect; but what industry is?
For our part, we believe in strong regulations and strong regulators.
We welcome your comments and ask you to keep in mind that we cannot and will not reply in any way or ways where any insurance commissioner could rightly say we've violated the law of the given state.
We are allowed to share rating-bureau data/reports and industry-consultant opinions but make clear here that those opinions are theirs and do not necessarily reflect our position.