It’s something few homebuyers understand but more should. It’s the importance of your credit score when buying a home, especially if you have a low down payment and must buy private mortgage insurance.Private mortgage insurance, known as PMI, protects the lender’s investment when the borrower pays less than 20 percent down. When the homebuyer reachesContinue reading “The hidden link between private mortgage insurance and your credit score”
Category Archives: REAL Estate
Up to 40 million people are at risk of being kicked out of their homes
As President Donald Trump calls for another federal eviction moratorium, a new report has shed light on just how many Americans are facing housing insecurity as a result of the coronavirus pandemic and the associated economic downturn. Between 30 and 40 million people in the U.S. could be at risk of eviction in the nextContinue reading “Up to 40 million people are at risk of being kicked out of their homes”
6 ways to cut the cost of refinancing your mortgage
A refinance is kind of like a mortgage do-over. By swapping out your home loan with a new one, you can save money with a new interest rate, tap into your equity or change the loan term. Average rates on 30-year fixed-rate mortgages have been sliding to unheard-of levels around 2.8%. But the costs ofContinue reading “6 ways to cut the cost of refinancing your mortgage”
Going cashless during the COVID pandemic makes life even more difficult for the 14 million unbanked Americans – MarketWatch
The pandemic has businesses shifting away from cash to ‘touchless transactions.’ What does that mean for America’s ‘unbanked,’ people who don’t have bank… — Read on http://www.marketwatch.com/story/what-going-cashless-means-for-the-14-million-unbanked-americans-11596664581
Here are the Most Influential Women in Commercial Real Estate for 2020
There are many adjectives that could be used to describe all of the Most Influential Women in Commercial Real Estate for 2020: Innovative. Driven. Brilliant. But that doesn’t mean they don’t all have secrets they keep mostly to themselves. Consider this surprising fact: “I would love to meet and have lunch with Snoop Dogg,” saysContinue reading “Here are the Most Influential Women in Commercial Real Estate for 2020”
Real estate market frozen by pandemic
By JOHN GITTELSOHN & NOAH BUHAYARBloomberg The U.S. commercial real estate market is showing ever greater signs of stress, but there are still few deals to be had. Transactions fell 68 percent in the second quarter across all property types compared with 2019 as potential buyers and sellers remained far apart on the prices ofContinue reading “Real estate market frozen by pandemic”
Everything You Need to Know About Opportunity Zones
Shanti Ryle Content Marketing Manager One of the biggest challenges that investors in assets such as stocks, businesses, and real estate face is how to sell and reinvest, without triggering a significant capital gains tax liability. While traditional 1031 tax-deferred exchanges are a popular strategy for commercial real estate, it can often be hard toContinue reading “Everything You Need to Know About Opportunity Zones”
Commercial Real Estate Loans: 5 Borrowing Pitfalls to Avoid
Some Money Cost Too Much…
The feared jumbo mortgage debacle is here — thanks to the coronavirus — and ready to pound the housing market
Published: July 22, 2020 at 5:08 p.m. ET By: Keith Jurow Back in January, my column for Marketwatch detailed the massive danger that jumbo mortgages posed for U.S. mortgage and housing markets. After months of actions to counter the impact of COVID 19, the potential jumbo mortgage disaster is clearer than ever. Jumbo mortgages are loans that areContinue reading “The feared jumbo mortgage debacle is here — thanks to the coronavirus — and ready to pound the housing market”
As the economic fallout of the pandemic continues to unfold, banks are rushing to close credit card accounts or slash credit limits to curb their risk.
“These are really big numbers,” said Matt Schulz, chief industry analyst at CompareCards. “It means that an awful lot of Americans had one of their financial security nets taken out from under them in one of the most difficult economic times in American history.” 1 in 5 cardholders saw a credit decrease of at leastContinue reading “As the economic fallout of the pandemic continues to unfold, banks are rushing to close credit card accounts or slash credit limits to curb their risk.”
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