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James Kimmons

The Rise of the Young Buyer 7/19/2013

By July 19, 2013

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Check these posts: The Rise of the Young Buyer - Wall Street Journal on Jul 18, 2013 at Real Estate:


The Rise of the Young Buyer
Wall Street Journal
In recent years, low interest rates coupled with lower real-estate prices had also made it easier for people in their 20s and early 30s--whom demographers refer to as "Generation Y" or "millennials"--to buy. "In the last two months, half the folks I ...

and more »


Inland Real Estate Sets August Disbursement - Motley Fool on Jul 18, 2013 at Real Estate:


Inland Real Estate Sets August Disbursement
Motley Fool
Retail center REIT Inland Real Estate (NYSE: IRC ) announced yesterday that it set its monthly disbursement for August at $0.0475 per share, the same monthly rate it's paid for the last four years. The board of directors said the quarterly dividend is ...
Inland Real Estate Corp. Plans Monthly Dividend of $0.05 (IRC)Mideast Time

all 2 news articles »


Real estate exploits loophole in election effort - Crain's New York Business on Jul 18, 2013 at Real Estate:


Real estate exploits loophole in election effort
Crain's New York Business
Big real estate donors are for the first time widely exploiting a loophole long used in state-level elections, fueling the whopping $5.3 million haul of a new political action committee to elect pro-business City Council candidates. The funders of Jobs ...


How Much of Your Portfolio Should Be in Real Estate? - DailyFinance on Jul 18, 2013 at Real Estate:


Dividend.com

How Much of Your Portfolio Should Be in Real Estate?
DailyFinance
In spite of the recent housing crisis, real estate historically has been a safe, sound, solid investment, says Theresa Bradley-Banta, founder and CEO of Theresa Bradley-Banta Real Estate Consultancy in Denver and author of "Invest in Apartment ...
SUNTEC REAL ESTATE INVESTMENT TRUST : Appointment of Lead ...4-traders (press release)
No Really, Is Real Estate a Good Investment?Wall Street Sector Selector
Commercial Real Estate in Cycle's Sweet Spot, Fund Manager Saysreit.com
Financial Advisor Magazine -iStockAnalyst (press release) -Watch List News (press release)
all 28 news articles »


Real estate executives are bullish on geographic expansion - Minneapolis Star Tribune on Jul 18, 2013 at Real Estate:


Real estate executives are bullish on geographic expansion
Minneapolis Star Tribune
The good news is that the Great Recession's viselike grip on the commercial real estate industry has loosened considerably in the past year, according to a recent survey conducted by KPMG, the national audit, tax and advisory firm. The bad news -- at ...

and more »


Credit Suisse Sued by Highland Over Real Estate Appraisal - Bloomberg on Jul 18, 2013 at Real Estate:


Credit Suisse Sued by Highland Over Real Estate Appraisal
Bloomberg
Highland Capital, the Dallas-based debt manager founded by James Dondero and Mark Okada, is suing Credit Suisse over dividend recapitalization loans syndicated by the bank. The loans were borrowed by real estate developers based on the value of ...

and more »


More 20-Somethings Are Buying Million-Dollar Homes Than Ever Before ... - Business Insider on Jul 19, 2013 at Real Estate:


Business Insider

More 20-Somethings Are Buying Million-Dollar Homes Than Ever Before ...
Business Insider
Real estate brokers say millennials are buying homes - and expensive homes - like never before thanks to wealthy parents and the tech boom, Wall Street Journal's Lauren Schuker Blum reports. The younger generation also thinks houses are a safer ...

and more »


15 Profitable Housing Markets For Real Estate 'Flippers' - TheStreet.com on Jul 19, 2013 at Real Estate:


15 Profitable Housing Markets For Real Estate 'Flippers'
TheStreet.com
Real estate investors have dominated the housing recovery, with many first-time home buyers and trade-up buyers lacking access to credit or the equity to buy a home. Investors meanwhile have plowed cash into foreclosed homes and fixed them up in the ...

and more »


Why adjustable-rate mortgages are hot again - Washington Post on Jul 19, 2013 at Mortgage News:


Why adjustable-rate mortgages are hot again
Washington Post
Moreover, the most deadly mortgages were those structured so that borrowers were repaying only interest or, worse, paying less than required to cover the mortgage interest -- termed a negative amortization schedule -- which left them paying interest ...


Mortgage Interest Rates Ease - LoanRateUpdate (press release) on Jul 19, 2013 at Mortgage News:


LoanRateUpdate (press release)

Mortgage Interest Rates Ease
LoanRateUpdate (press release)
Interest rates on fixed rate mortgages took a break from rising this week with the 30-year fixed rate mortgage declining fourteen basis points to an average of 4.37 percent with an average of 0.7 points after increasing by twenty-two basis points last ...
Fears About Fed Fuels Interest Rate GyrationsMortgage Daily
Will Rising Mortgage Rates Halt The Housing Rebound?Wall Street Journal (blog)
Rate on 30-Year Mortgage Falls to 4.37%DailyFinance
Wall Street Pit -WPTV
all 160 news articles »


Mortgage Interest Rates Up at Wells Fargo - USDailyVoice on Jul 19, 2013 at Mortgage News:


USDailyVoice

Mortgage Interest Rates Up at Wells Fargo
USDailyVoice
Mortgage Interest Rates Up at Wells Fargo Standard 30 year loans at Wells Fargo (NYSE:WFC) can be had for 4.375% and APR of 4.735% today. 30 year FHA fixed rate mortgages at the bank are being offered for 4.250% with a rather higher APR of 5.043%.
Interest Rates for Home Mortgages at HSBCFinance Daily
Current mortgage rates of Wells Fargo Bank (July 18 2013)USFinancePost
Chase Bank Mortgage Interest Rates Worsen FridayEagle's Rant
eCreditDaily.com -SBWire (press release) -Eastern Morning Herald
all 258 news articles »


Interest-only mortgage 'crisis': Could watchdog's hard line unleash another ... - This is Money on Jul 19, 2013 at Mortgage News:


Interest-only mortgage 'crisis': Could watchdog's hard line unleash another ...
This is Money
Interest-only mortgages work on the principle that each month you pay off only the interest on your loan - and thus have lower payments than you would with a traditional repayment mortgage. The idea is that at the end of the fixed period you will have ...


'No evidence' of widespread interest-only mortgage mis-selling - Telegraph.co.uk on Jul 19, 2013 at Mortgage News:


Telegraph.co.uk

'No evidence' of widespread interest-only mortgage mis-selling
Telegraph.co.uk
The "vast majority" of borrowers with interest-only mortgage deals understood what they were taking on, the head of the City watchdog has said, further diminishing the chance of lenders facing mass claims for mis-selling. In response to a letter form ...
Interest-only mortgage have not been mis-sold, says City watchdogCitywire.co.uk
FCA to introduce underwriting assessment for interest-only mortgagesifaonline.co.uk
Treasury Committee questions FCA on interest-only mortgagesMortgage Introducer
Aol Money
all 36 news articles »


Mortgage Interest Rates Improve at HSBC Thursday - USDailyVoice on Jul 18, 2013 at Mortgage News:


USDailyVoice

Mortgage Interest Rates Improve at HSBC Thursday
USDailyVoice
Mortgage Interest Rates Improve at HSBC Thursday The benchmark 30 year fixed rate mortgages at HSBC Bank (NYSE:HBC) are being offered for 4.530% yielding an APR of 4.604%. 15 year fixed rate mortgages have been offered at 3.550% with an APR of ...

and more »


Property Trax: Walker signs bill allowing lower interest rates on thousands of ... - Wisconsin State Journal on Jul 18, 2013 at Mortgage News:


Property Trax: Walker signs bill allowing lower interest rates on thousands of ...
Wisconsin State Journal
"This bill...provides those homeowners an economic option that can lower their monthly payments, give them extra disposable income, help them build equity faster, achieve better credit scores and pay off their mortgages sooner," Walker said in a statement.

 

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