Hints and tips:
...Basically, I defined what was wrong with mortgage markets. These “modified mortgages” entailed you buying the home, borrowing the money and paying 1 per cent on the mortgage for three years....
...Economists estimate that the changes could cut the $100bn Americans pay annually in real estate fees by as much as 30 per cent....
...Research from property broker Redfin in February showed that 36 per cent of young Americans had financial help from family when buying their first home....
...In plain English: working from home has hurt. At first glance, that looks scary; 40 per cent is a big number. But in reality investors should celebrate....
...Agents say they provide valuable services including advice on mortgages, appraisals and home inspections....
...Another brokerage group, Redfin Corp, dropped 5.7 per cent....
...through brokers’ windows at unaffordable houses....
...Thanks to rising mortgage rates, the minimum income required to buy an average-priced home in the Canadian city has increased to nearly C$250,000 (about $182,000), according to online broker Ratehub.ca....
...The economy recovered and Bear Stearns and American Express were among the tenants that soon took up residence in the newly-christened Trump Building....
...One FT reader points out that British American Tobacco looks cheap on a like-for-like basis, compared with Altria in the US, and offers a dividend touching 10 per cent....
...“You’re looking at $2,500 per square foot for move-in ready condos,” says Upper East Side specialist Loy Carlos, a broker with Serhant....
...Private Finance Group, a broker....
...GEORGE BUSH: In recent years, innovative mortgage products have helped millions of Americans afford their own homes, and that's good. Unfortunately, some of these products were used irresponsibly....
...Smart reads The home loan loophole The $1.4tn FHLB, a government system meant to help Americans obtain mortgages, is being used by some clever investors as a way to get cheap money, Bloomberg reports....
...This “monster steel trust”, put together by power brokers including John Pierpont Morgan, Andrew Carnegie and Charles Schwab, would make two-thirds of the nation’s steel, giving it enormous pricing power...
...Intercontinental Exchange, the owner of the New York Stock Exchange, has muscled into the US mortgage market, snapping up several home loan companies in its bid to become the data backbone of that industry...
...With its grand parks, waterfront areas and some of the best private schools in all of New York, “Brooklyn is like moving to the suburbs for those who don’t really want to move to the suburbs,” says broker...
...My business partner who’s a very un-American American. And, he, so he’s decided that was the wrong thing to do. So yes, we tried to go and set up 7 Investment Management....
...But for Sarah Alvarez, remote working on her New York job as a mortgage broker has proved smooth....
...“We were averaging 30 to 40 mortgages per month this time last year, now we’re averaging about 15,” says Drew Boland of Proper Rate, a Chicago mortgage broker....
...From the WSJ: “I like to call it the ‘golden handcuffs’ of mortgage rates,” said Odeta Kushi, deputy chief economist at First American Financial Corp....
...He didn’t bother trying to win over doubters with rousing speeches, preferring instead to work as a power broker....
...Mortgage brokers, valuers and construction groups are also reporting sharp falls to revenues since the US Federal Reserve began increasing interest rates in March....
...By contrast, Yaccarino, the Long Island-born-and-raised Madison Avenue power broker, is all show business....
...Mark Hardinge, a semi-retired reinsurance broker, has lived in a house on the grid since 2000 because of the easy logistics....
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