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OSFI flags mortgage renewals and real estate lending as top financial risks
Financial Post via Yahoo Finance· 2 days ago“In these situations, lenders offset the shortfall by increasing the remaining outstanding...
APF Properties Faces $70M Office Foreclosure
The Real Deal· 29 minutes agoAfter a $70 million default, APF Properties is at risk of losing one of its formative acquisitions. The special servicer on the CMBS debt tied to 25 West 45th Street, a 111-year-old Midtown ...
How's the Housing Market Going? Depends on Who You Ask | Investing.com
Investing.com· 4 days agoThe post-pandemic economy is treating people very differently, creating a headache for central...
Are homeowners using their home equity to pay for home improvements? Do they even know they can?
Stacker via AOL· 2 days agoIt's a second mortgage, which means an additional payment on top of the primary mortgage, and...
How to build equity in your home in 2024 (and why you should)
Bankrate via AOL· 3 days agoIt will help boost your equity because it means more of your dollars are going toward the loan...
Mortgages and loans to pay for home renovations
Bankrate via Yahoo Finance· 3 days ago...specifically, a home renovation loan can be: A purchase mortgage, with additional money for home improvements A mortgage product backed by a...
Lock-In Effect: Homeowners Cling To Lower Rates | Bankrate
Bankrate.com· 4 days agoAs mortgage rates plummeted to record lows in 2020 and 2021, homeowners made the logical decision to...
Daily mortgage rates for May 20, 2024: Steady rates
USA Today· 4 days agoThe average rate on a 30-year jumbo mortgage is 7.46%. The average mortgage rate for 30-year fixed loans rose today to 7.45% from 7.37% last week,...
Federal Reserve minutes: Policymakers saw a longer path to rate cuts
ABC 26 New Orleans· 2 days agoWASHINGTON (AP) — After several unexpectedly high inflation readings, Federal Reserve officials...
30-year mortgage rate drops to a seven-week low
Market Watch· 2 days agoOn a week-over-week basis, the market index rose 1.9%, to 201.9, for the week ending May 17. Key details: The purchase index — which measures mortgage...
