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U.S. CMBS Delinquency Rate Rises in May
Barrons.com· 4 days agoFitch Ratings says its rate for overall U.S. commercial mortgage-backed securities delinquencies rose in May from the prior month, on the back of...
New Southern Nevada homes now make up 25% of sales as builders offer incentives
Las Vegas Review-Journal· 5 days agoLennar did acknowledge in a first quarter...interest rates, affordability continues to be tested as...
Behind on Mortgage Payments? Former Realtor on What You Should Do
The Motley Fool via AOL· 2 days agoA partial claim second mortgage is a type of loan modification for HUD programs (like FHA mortgages)...
Financial Services Roundup: Market Talk
The Wall Street Journal· 3 days agoGain insight on U.S. commercial mortgage-backed securities delinquencies, home sales, R1 RCM, KKR and more in the latest Market Talks covering Financial...
Bond giant PIMCO sees another wave of bank failures coming as commercial mortgage trouble mounts
Business Insider via Yahoo Finance· 6 days agoThis week, Fitch Ratings revised its office delinquency forecasts up to 8.4% and 11% for 2024 and...
Why house prices are surging once again
The Economist· 2 days agoAmerican house prices are 6.5% higher than a year ago, Australian ones are up by 5% and Portuguese ones are soaring. Meanwhile, higher interest rates,...
Gateway - Quartz
Quartz· 14 hours agoBureau of Economic Analysis (BEA) suggests that consumers spent a record $1.1 trillion on interest payments last quarter. Data on so-called “personal interest payments,” which includes all non ...
So you want to buy a house: Here’s the kind of good credit score that you’ll need
NY Post via Yahoo Finance· 4 days agoThese reports are extremely detailed — for instance, if you paid a car loan bill late five years...
Property’s Big Short Isn’t Going to Plan
The Wall Street Journal via Yahoo Finance· 6 days agoArbor has spent the past few months modifying troubled mortgages. The lender agreed to let some borrowers pay accruing interest later and asked customers...
How far must mortgage rates fall to increase inventory? Here's what experts say
CBS News· 6 days agoWhile the inflation rate is down compared to recent highs, persistent inflation is continuing to...