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Real Estate and Mortgage News 5/23/2013

Thursday May 23, 2013

Check these posts: House Hunting in ... Morocco - New York Times on May 22, 2013 at Real Estate:


New York Times

House Hunting in ... Morocco
New York Times
Foreign buyers typically constitute about 10 percent of the residential real estate market, and many prospective buyers have had a "wait-and-see" attitude about North Africa since the crisis, compounded since then by the turmoil of the Arab Spring ...


What You Get for ... $1995000 - New York Times on May 22, 2013 at Real Estate:


New York Times

What You Get for ... $1995000
New York Times
OUTDOOR SPACE: The property has a barn with five horse stalls and a hayloft. Land is a mix of wooded and clear, with 11 feet of frontage on Sherborn Farm Pond. TAXES: $25,531 a year. CONTACT: Nora Lynch Smith, William Raveis Real Estate, (508) ...


Real estate roundup - Ct Post on May 22, 2013 at Real Estate:


Real estate roundup
Ct Post
Irving Levin will discuss what the thawing real estate market means and how the models for buying and selling in these communities has changed with a panel of experts. For information, visit http://www.levinassociates.com/conferences/ or call 800-248-1668.

and more »


Bay Area real estate market is hot even in hardest-hit areas - San Jose Mercury News on May 22, 2013 at Real Estate:


Bay Area real estate market is hot even in hardest-hit areas
San Jose Mercury News
"These are the areas seeing the biggest pops," said real estate economist Ken Rosen of the Rosen Consulting Group in Berkeley, although "every place where inventory is tight, prices are moving up." Some wealthy neighborhoods have already recovered ...

and more »


What makes Sacramento such a hot real estate market? - Sacramento Business Journal on May 22, 2013 at Real Estate:


What makes Sacramento such a hot real estate market?
Sacramento Business Journal
Sacramento's residential real estate market is one of the hottest in the country thanks to low inventory, high demand and potential for appreciation. More than half of all homes that went on the market in Sacramento had a pending sale within two weeks ...


Uptown office building is first hometown purchase for Dallas real estate fund - Dallas Morning News on May 22, 2013 at Real Estate:


Dallas Morning News

Uptown office building is first hometown purchase for Dallas real estate fund
Dallas Morning News
Uptown is one of North Texas' best-performing office markets, so the property got lots of tire kickers, real estate brokers say. Dallas-based real estate investor Velocis Fund LP won the competition to buy the 28-year-old building at 3131 McKinney Ave.


One Great Way to Buy Overseas Real Estate - Uncommon Wisdom Daily on May 23, 2013 at Real Estate:


Uncommon Wisdom Daily

One Great Way to Buy Overseas Real Estate
Uncommon Wisdom Daily
The U.S. real estate market certainly seems to be recovering, with U.S. home sales now hitting their highest level in more than three years. But other parts of the world are enjoying similar, if not better, markets. According to the Chinese National ...
Central China Real Estate breaks lull with $400 million bondFinanceAsia

all 2 news articles »


Barbara Corcoran: From waitress to real estate queen - CNNMoney on May 23, 2013 at Real Estate:


Barbara Corcoran: From waitress to real estate queen
CNNMoney
Barbara Corcoran's story would make perfect fodder for movies or TV: A diner waitress with moxie takes a $1,000 loan, uses it to build the first woman-owned real estate firm in New York City, and rises to the top of residential real estate in the city ...


Chase Bank: Monday's Interest Rates for Home Mortgages - USDailyVoice on May 20, 2013 at Mortgage News:


USDailyVoice

Chase Bank: Monday's Interest Rates for Home Mortgages
USDailyVoice
Chase Bank: Monday The benchmark 30 year FRMs at Chase Bank (NYSE:JPM) start at 3.625% and APR of 3.716% today. The short term 15 year fixed rate loan interest rates are on the books at 3.000% at the bank and an APR of 3.180% today.


Interest Rates for Home Mortgages at Bank of America - USDailyVoice on May 20, 2013 at Mortgage News:


USDailyVoice

Interest Rates for Home Mortgages at Bank of America
USDailyVoice
Interest Rates for Home Mortgages at Bank of America The benchmark 30 year FRMs at Bank of America (NYSE:BAC) can be had for 3.625% yielding an APR of 3.743% today. The short term 15 year fixed rate loan interest rates have been published at ...


Mortgage Applications Tumble as Interest Rates Jump - CNBC.com on May 22, 2013 at Mortgage News:


CNBC.com

Mortgage Applications Tumble as Interest Rates Jump
CNBC.com
Applications for home mortgages dropped for a second week in a row last week as a spike in interest rates stymied demand for refinancing, data from an industry group showed on Wednesday. The Mortgage Bankers Association said its seasonally adjusted ...
8 Key Facts About Your Mortgage APRAOL Real Estate (blog)
Don't Fall for these 10 Mortgage MisconceptionsFox Business
Wells Fargo Mortgage Interest RatesUSDailyVoice
Eagle's Rant -FreeRateUpdate.com -Southern Daily Press
all 331 news articles »


Interest Rates on Wednesday for Home Mortgages at Suntrust - USDailyVoice on May 22, 2013 at Mortgage News:


USDailyVoice

Interest Rates on Wednesday for Home Mortgages at Suntrust
USDailyVoice
Interest Rates on Wednesday for Home Mortgages at Suntrust The benchmark 30 year FRM interest rates can be had for 3.625% at Suntrust Banks (NYSE:STI) today and an APR of 3.752%. The best 30 year FHA loan interest rates have been listed at 3.400% ...


Homeowners: Don't be caught flat-footed when interest rates rise - Globe and Mail on May 22, 2013 at Mortgage News:


Globe and Mail

Homeowners: Don't be caught flat-footed when interest rates rise
Globe and Mail
Fifteen per cent of renewers had to pay more, but don't worry too much about them. "For borrowers who saw their interest rates increase at renewal, the increases were minor for most," the Canadian Association of Accredited Mortgage Professionals (CAAMP ...
Ottawa's mortgage rules to hurt economy: Reportbnn.ca
Canadian home building to plunge 30% by 2015, costing the economy 150000 ...Financial Post
Canadian Association of Accredited Mortgage Professionals (CAAMP) releases ...Canada NewsWire (press release)

all 9 news articles »


Interest Rates for Home Mortgages at US Bankcorp - USDailyVoice on May 23, 2013 at Mortgage News:


USDailyVoice

Interest Rates for Home Mortgages at US Bankcorp
USDailyVoice
Interest Rates for Home Mortgages at US Bankcorp 30 year fixed rate loans are available starting at 3.500% at US Bankcorp (NYSE:USB) yielding an APR of 3.694% today. 30 year FHA FRM interest rates can be had for 3.375% yielding an APR of 3.921%.
Mortgage Interest Rates Worsen Today at PHH MortgageEagle's Rant
SunTrust Mortgage Rates: Home Mortgage Interest Rates for May 21, 2013Eastern Morning Herald
Mortgage Rates: Bernanke Gives Mixed Signals For Future Low Interest RatesFreeRateUpdate.com
ValueWalk -MarketWatch (press release) -World News Resource
all 48 news articles »

 

Real Estate and Mortgage News 5/21/2013

Tuesday May 21, 2013

Check these posts: Should You Put a Real Estate Investment on Your Credit Card? - AOL Real Estate (blog) on May 20, 2013 at Real Estate:


Should You Put a Real Estate Investment on Your Credit Card?
AOL Real Estate (blog)
I don't have insanely strong opinions when it comes to most real estate investing topics. If you ask me if you should flip houses, become a landlord, try wholesaling or stick to REITs, I'll shrug and say, "Well, that depends." Then I'll walk you ...


Gold, silver, and real estate will save you - MarketWatch (blog) on May 20, 2013 at Real Estate:


Gold, silver, and real estate will save you
MarketWatch (blog)
Gold and silver and stocks and bonds and real estate and cash and checking accounts and money market accounts and taxes and bailouts and crises and terrorism and corruption. I'm sure I left a lot out, but those are some of the topics I've been ...


Appeals court rules lenders don't owe millions to Oakland County, state in ... - Detroit Free Press on May 20, 2013 at Real Estate:


Appeals court rules lenders don't owe millions to Oakland County, state in ...
Detroit Free Press
Oakland County is vowing to take its fight against Fannie Mae and Freddie Mac to the U.S. Supreme Court in an effort to get millions in real estate transfer taxes from the mortgage giants. The county was dealt a blow in the battle Monday when a federal ...
Michigan can't collect real estate transfer taxes from Fannie Mae, Freddie MacThe Detroit News
Michigan county will ask US Supreme Court to force Fannie Mae and Freddie ...MLive.com

all 31 news articles »


Unfinished buildings in Lake Mary a reminder of real-estate crash - Orlando Sentinel on May 20, 2013 at Real Estate:


Unfinished buildings in Lake Mary a reminder of real-estate crash
Orlando Sentinel
For motorists in Seminole County, the cluster of unfinished buildings near the Seminole Towne Center mall is a high-profile reminder of how the real-estate crash is still taking a toll on the landscape. A never-completed strip shopping center faces ...

and more »


Top Analyst: Real Estate - Wall Street Journal on May 20, 2013 at Real Estate:


Wall Street Journal

Top Analyst: Real Estate
Wall Street Journal
DESPITE AN EASE in euro-zone debt concerns and funding conditions, low occupancy rates will hit the real-estate sector hard in the next 12 months, prompting most companies to stop their expansion plans, according to Stephanie Dossmann.

and more »


Investors Leave London for Property Yields: Real Estate - Bloomberg on May 21, 2013 at Real Estate:


Fundweb

Investors Leave London for Property Yields: Real Estate
Bloomberg
For most property investors, the U.K. is a country with one city. Private-equity firms, pension funds and millionaires from Russia to Qatar spent more on real estate in London than the rest of the country for the first time last year, lifting values ...
Real Estate Investing: What You Need to Know - NerdWalletNerdWallet (blog)
Real Estate Investors Offered Magic Bullet for Securing Transactional FundingDigitalJournal.com (press release)

all 8 news articles »


BlackRock to Buy Real Estate Firm MGPA for Asia Expansion - Bloomberg on May 21, 2013 at Real Estate:


Investment Week

BlackRock to Buy Real Estate Firm MGPA for Asia Expansion
Bloomberg
MGPA manages about $12 billion, focusing on real estate funds management, co-investments and separate-account mandates for institutional investors, BlackRock said today in a statement. The transaction is expected to close in the third quarter and won't ...
BlackRock to Buy Real-Estate Investment Firm MGPAWall Street Journal
BlackRock to acquire MGPA, adding $12 billion PE real estate business in Asia ...Pensions & Investments
Blackrock buys MGPA to create $25 bln real estate fundReuters
Investment Week -Wealth Briefing (subscription) -Money Marketing
all 15 news articles »


S&P's European Real Estate Ratings Stable Despite Struggling Economy - Fox Business on May 21, 2013 at Real Estate:


S&P's European Real Estate Ratings Stable Despite Struggling Economy
Fox Business
European real estate companies remain well placed to weather the still struggling economy, particularly in Germany and the U.K., according to global ratings agency Standard and Poor's. The slightly surprising outlook comes as S&P is forecasting the ...

and more »


Interest Rates on Sunday for Home Mortgages at Chase Bank - USDailyVoice on May 19, 2013 at Mortgage News:


USDailyVoice

Interest Rates on Sunday for Home Mortgages at Chase Bank
USDailyVoice
Interest Rates on Sunday for Home Mortgages at Chase Bank The benchmark 30 year loans at Chase Bank (NYSE:JPM) have been published at 3.625% and APR of 3.716% today. The short term 15 year FRMs have been listed at 3.000% with an APR of ...


Citi Mortgage: Interest Rates for Home Mortgages - USDailyVoice on May 19, 2013 at Mortgage News:


USDailyVoice

Citi Mortgage: Interest Rates for Home Mortgages
USDailyVoice
Citi Mortgage: Interest Rates for Home Mortgages 30 year fixed rate loans are available starting at 3.625% at Citi Mortgage (NYSE:C) carrying an APR of 3.815% today. The shorter term, popular 15 year fixed rate loans have been offered at 2.750 ...


PHH Mortgage Mortgage Interest Rates Rise Tuesday - USDailyVoice on May 21, 2013 at Mortgage News:


Eagle's Rant

PHH Mortgage Mortgage Interest Rates Rise Tuesday
USDailyVoice
10 year fixed rate mortgage interest rates start at 2.560% today with an APR of 3.027%. 20 year fixed rate loan interest rates at the bank are published at 3.450% today yielding an APR of 3.706%. 3 year ARM interest rates have been quoted at 4.125 ...
Mortgage Interest Rates at Bank of America TodayEagle's Rant
Are No-Cost Mortgages Always the Best Deal?AOL Real Estate (blog)
Wells Fargo: Mortgage and Refinance Interest Rates TodayWorld News Resource
CNBC.com -FreeRateUpdate.com -NerdWallet (blog)
all 279 news articles »

 

Real Estate and Mortgage News 5/20/2013

Monday May 20, 2013

Check these posts: Sky High and Going Up Fast: Luxury Towers Take New York - New York Times on May 18, 2013 at Real Estate:


New York Times

Sky High and Going Up Fast: Luxury Towers Take New York
New York Times
Only 10 floors have been completed in what is intended to be the tallest residential building in the Western Hemisphere -- a slender, 84-story tower on Park Avenue at 56th Street in Manhattan. But the top penthouse is already under contract for $95 ...

and more »


More wealthy Chinese buy Seattle-area real estate - San Francisco Chronicle on May 19, 2013 at Real Estate:


Headlines & Global News

More wealthy Chinese buy Seattle-area real estate
San Francisco Chronicle
China's superrich, who have historically been drawn to San Francisco, Los Angeles and Vancouver, B.C., are investing in Seattle-area real estate in growing numbers, buying multimillion-dollar homes, rent-producing properties and land for commercial ...
China Real Estate Defies Government Muscle and Totters into Risky UncertaintyHeadlines & Global News
China Property Gains Defy Government PlansWall Street Journal

all 3 news articles »


On the Market: Joe Lhota Snags the Most Real Estate Campaign Cash; 432 ... - New York Observer on May 19, 2013 at Real Estate:


On the Market: Joe Lhota Snags the Most Real Estate Campaign Cash; 432 ...
New York Observer
On the Market: Joe Lhota Snags the Most Real Estate Campaign Cash; 432 Park's Penthouse In Contract for $95 M.; Buy Tom Cruise's Townhouse! By Kim Velsey 12:24am. Share this: Twitter · Facebook · Reddit · Google +1 · Email · Print. 432 Park's ...


Lakeville Real Estate Agent Kris Lindahl Of Edina Realty Announces New ... - PR Web (press release) on May 20, 2013 at Real Estate:


Lakeville Real Estate Agent Kris Lindahl Of Edina Realty Announces New ...
PR Web (press release)
Kris Lindahl of Edina Realty, a Lakeville real estate expert, has created a website called the Minnesota Buyer Search website that allows buyers to fill out a detailed form regarding what they're looking for in their dream home. Once the form is ...
Lilydale Real Estate Search Expert Kris Lindahl Of Edina Realty Announces ...Virtual-Strategy Magazine (press release)

all 6 news articles »


Prepare for the Next Real Estate Bubble - New York Law Journal - New York Law Journal (registration) on May 20, 2013 at Real Estate:


Prepare for the Next Real Estate Bubble - New York Law Journal
New York Law Journal (registration)
The most recent real estate bubble burst between 2007 and 2008, under the weight of a market saturated with overpriced properties and subprime mortgages. Unfortunately, this bubble likely won't be the last. When real estate values again spike to ...


Erie County real estate transactions - Buffalo News on May 20, 2013 at Real Estate:


Erie County real estate transactions
Buffalo News
Following are real estate transactions over $5,000 as listed in records of the Erie County Clerk's Office for the week ending April 12. on May 20, 2013 - 7:27 AM. ALDEN. • 634 Creekside, Patricia N. Wrest; Juliana M. Kelchlin to Jody Oun; Clint M. Oun, ...


Niagara County real estate transactions - Buffalo News on May 20, 2013 at Real Estate:


Niagara County real estate transactions
Buffalo News
Following are real estate transactions over $5,000 as listed in records of the Niagara County Clerk's Office for the week ending April 5. on May 20, 2013 - 7:27 AM. LEWISTON. • Ridge Road, Timothy R. Sledziewski; Candice D. Sledziewski to Ryan M.


Resource Real Estate Opportunity REIT Buys Autumn Wood Apartments - The Herald | HeraldOnline.com on May 20, 2013 at Real Estate:


Resource Real Estate Opportunity REIT Buys Autumn Wood Apartments
The Herald | HeraldOnline.com
PHILADELPHIA, May 20, 2013 -- /PRNewswire/ -- Today, Resource Real Estate Opportunity REIT, sponsored by Resource Real Estate, Inc. ("Resource Real Estate" or "RRE"), a national real estate firm specializing in opportunistic and value-add investing ...

and more »


Mortgage Interest Rates Lower Today at Wells Fargo - USDailyVoice on May 17, 2013 at Mortgage News:


Mortgage Interest Rates Lower Today at Wells Fargo
USDailyVoice
Mortgage Interest Rates Lower Today at Wells Fargo The best 30 year loan interest rates at Wells Fargo (NYSE:WFC) are on the books at 3.500% today yielding an APR of 3.834%. 30 year FHA FRM interest rates at the bank are on the books at 3.250% and ...


Interest Rates on Sunday for Home Mortgages at PHH Mortgage - Eagle's Rant on May 19, 2013 at Mortgage News:


Eagle's Rant

Interest Rates on Sunday for Home Mortgages at PHH Mortgage
Eagle's Rant
Interest Rates on Sunday for Home Mortgages at PHH Mortgage The benchmark 30 year FRM interest rates start at 3.540% at PHH Mortgage carrying an APR of 3.721% today. The short term 15 year fixed rate loan interest rates stand at 2.750% yielding an ...


Interest Rates Today for Home Mortgages at Suntrust - USDailyVoice on May 19, 2013 at Mortgage News:


USDailyVoice

Interest Rates Today for Home Mortgages at Suntrust
USDailyVoice
Interest Rates Today for Home Mortgages at Suntrust Standard 30 year FRMs at Suntrust Banks (NYSE:STI) can be had for 3.625% with an APR of 3.752%. The lower FHA 30 year loan interest rates are available starting at 3.400% and an APR of 4.458%.


BankSA cuts its fixed term mortage interest rates - Adelaide Now on May 19, 2013 at Mortgage News:


International Business Times AU

BankSA cuts its fixed term mortage interest rates
Adelaide Now
BankSA is expected to start a rates war by cutting its fixed mortgage interest rates. Source: PerthNow. HOMEOWNERS will be the winners after BankSA ignited a discount war on fixed rate mortgages, which are already at all time low levels. The lender has ...
Australian Banks Cut Fixed Mortgages Loan Rates in Latest Home-Loan WarInternational Business Times AU
Home loan wars heat up as Westpac cuts - The AgeThe Age
Home-loan war heats up with rate cutHerald Sun

all 10 news articles »


Wells Fargo Mortgage Interest Rates - USDailyVoice on May 20, 2013 at Mortgage News:


USDailyVoice

Wells Fargo Mortgage Interest Rates
USDailyVoice
Wells Fargo Mortgage Interest Rates The benchmark 30 year FRM interest rates at Wells Fargo (NYSE:WFC) are on the books at 3.625% yielding an APR of 3.963% today. 30 year FHA fixed rate loan interest rates at the bank are being quoted at 3.250% with ...
Commerce Bank: Interest Rates Today for Home MortgagesEagle's Rant
Are No-Cost Mortgages Always the Best Deal?AOL Real Estate (blog)
U.S. mortgage activity drops in weekUPI.com
FreeRateUpdate.com -CNBC.com -eCreditDaily.com
all 230 news articles »

 

Real Estate and Mortgage News 5/17/2013

Friday May 17, 2013

Check these posts: Commercial real estate notes - STLtoday.com on May 16, 2013 at Real Estate:


Commercial real estate notes
STLtoday.com
Intelica Commercial Real Estate represented Cap Baseline LLC in the purchase of a 2,777-square-foot retail building at 509 Bates Street, St. Louis, from Ellsworth Breihan Building Co, represented by Hagen Properties. CBRE represented parties in these ...


Hotels approved for convention center area - Boston.com on May 16, 2013 at Real Estate:


Hotels approved for convention center area
Boston.com
Boston regulators have approved construction of two hotels across from the Boston Convention & Exhibition Center, the first part of a $2 billion expansion proposed for the South Boston complex.

and more »


EXCLUSIVE: City to sell off Councilwoman Inez Dickens' $48000 real estate ... - New York Daily News on May 16, 2013 at Real Estate:


New York Daily News

EXCLUSIVE: City to sell off Councilwoman Inez Dickens' $48000 real estate ...
New York Daily News
"The Council member is not engaged in any way with the real estate side," spokesman Simeon Banister told The News. "Her family actually manages that .... She doesn't draw a salary from the real estate business." RELATED: WHAT THE DICKENS! GADFLY ...


Steelton-Highspire School Board approves preliminary budget with cuts, real ... - PennLive.com on May 16, 2013 at Real Estate:


Steelton-Highspire School Board approves preliminary budget with cuts, real ...
PennLive.com
Five school board members voted in favor of the $18.9 million general fund budget, which includes thousands of dollars in cuts and a more than 2.5 percent real estate tax increase. Another four -- including School Board President Mary Carricato, and ...


When 'Cozy' Is the Real-Estate Code Word for 'Small' - Wall Street Journal on May 16, 2013 at Real Estate:


Wall Street Journal

When 'Cozy' Is the Real-Estate Code Word for 'Small'
Wall Street Journal
Real-estate listings are open to regional differences as well, especially when it comes to the word "cozy." In Dallas, homes described as cozy have a median size of 1,517 square feet. That's 62% larger than the size of homes described as cozy in New ...

and more »


Rittenhouse Square's Real-Estate Rise - Wall Street Journal on May 16, 2013 at Real Estate:


Rittenhouse Square's Real-Estate Rise
Wall Street Journal
John Paz, 56, owns a real-estate and business-consulting firm and serves as board chairman of aerial-lift company Trico Lift. Both companies are in the suburbs. But for Mr. Paz, who paid $6 million for a unit in 1706 and lives there with his wife ...

and more »


Former East Bay real estate broker and body builder gets probation for ... - San Jose Mercury News on May 16, 2013 at Real Estate:


Former East Bay real estate broker and body builder gets probation for ...
San Jose Mercury News
PLEASANTON -- A former East Bay real estate broker and California body building champ will spend the next three years on probation for attacking a former roommate in a jealous fit last summer, prosecutors said. William Hogarty, the CEO of a now-defunct ...

and more »


Legislature And Court Clarify Illinois Mortgage Law - Mondaq News Alerts (registration) on May 17, 2013 at Mortgage News:


Legislature And Court Clarify Illinois Mortgage Law
Mondaq News Alerts (registration)
In response to the bankruptcy court's decision, on December 5 2012, the Illinois legislature statutorily amended the applicable Illinois statute to confirm that, under Illinois law, a mortgage need not state the interest rate or the maturity date in ...


A Deduction Unevenly Used - New York Times on May 16, 2013 at Mortgage News:


New York Times

A Deduction Unevenly Used
New York Times
By LISA PREVOST. Published: May 16, 2013. A new report from the Pew Charitable Trusts reinforces what many economists have been saying for some time: the mortgage interest deduction primarily benefits high-income homeowners.

 

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