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Lenders Jump at New Resi Projects in New York City
The Real Deal· 2 days agoWith new tax subsidies in place for affordable housing construction in New York, lenders pulled the trigger on a trio of new developments in the outer...
Which Generation Has the Most Debt? It’s Not Millennials
The State· 1 day agoGeneration X, perhaps best known for being overlooked, stands out from the pack in one unfortunate way: debt. By most measurements, Gen X is deeper in debt than other generation. Members of ...
Mortgage rates top 7% — again
AOL· 7 days agoThe average 30-year fixed mortgage rate climbed past 7% this week, hitting 7.03% from 6.94% a week prior, according to Freddie Mac. Rates began to rise after Federal Reserve officials said last ...
HELOC Blues? New Options for Managing Home Equity
TheStreet.com· 2 days agoWith higher interest rates causing borrowing costs to rise, homeowners are hesitant to sell and give up their favorable low rates. The percentage of homebuyers with interest rates below 6% has ...
Jill On Money: Green shoots for housing inventory
San Jose Mercury News· 3 days agoThe main culprit for surging home prices is lack of inventory in the existing home market, which accounts for 85-90% of overall sales. Through April, the...
‘We’re on good terms’: My wife and I are getting divorced, but want to keep our 3% mortgage rate....
Market Watch· 6 days agoIf you don’t have to sell, and you are both willing to contribute to the mortgage — or you can work...
Q2 2024 Carlyle Credit Income Fund Earnings Call
Thomson Reuters StreetEvents via Yahoo Finance· 6 days agoWe continue to hold one legacy real estate asset portfolio. The fair market value of the loan is $2 million to third party reengage seller position continues to work through ...
Missouri AG argues to block Biden administration’s second student loan forgiveness plan
Arkansas Advocate· 2 days agoA United States District Court judge in St. Louis heard arguments Monday morning on whether the...
Array of mortgages cover hard-to-qualify properties, borrowers
Orange County Register· 7 days agoOnce again, the mortgage world has a huge portfolio of mortgage programs that may get...
Big Loans, Big Risks, Big Problems
Ludwig von Mises Institute· 7 days agoConstruction lending juggernaut Bank OZK made news when its shares fell 17% after Citigroup analyst Benjamin Gerlinger wrote in a report that cut his rating to “sell.” Bloomberg reported “Bank ...