Mortgages

Image source: Getty Images Sometimes, even the best-laid plans don’t pan out. Key points Renters often have no control over how much their monthly payments go up or when they have to move out. Buying a home can lead to a lower monthly payment, but there are other expenses to …

Credit: HouseMethod.com The average homeowner in Oklahoma must work 72 hours each month to keep a roof overhead, a new report finds. The bad news is Oklahomans are spending nearly two weeks’ salary on their mortgage payment, considerably more than the long-standing rule that people should spend no more than …

A look at the shareholders of Invesco Mortgage Capital Inc. (NYSE:IVR) can tell us which group is most powerful. We can see that institutions own the lion’s share in the company with 57% ownership. In other words, the group stands to gain the most (or lose the most) from their …

Rising interest rates have caused what some are calling a housing market recession. Mortgage origination has collapsed from 2021’s rates, and housing starts and home sales are well below last year’s levels. How does this affect Rithm Capital (RITM -2.85%)?  Image source: Getty Images. Mortgage origination volume is a shadow …

As they prepared for their wedding this year, New Yorkers Alexa Feneque and Silvio Tellez kept their list of desired gifts brief. Forgoing the usual hand towels and salt shakers, they asked their guests for just one thing. “We are working so hard to save for our first home and …

Mark Lister predicts there is more mortgage pain to come. Photo / 123rf COMMENT: A housing market story in the NZ Herald during the week made for ominous reading. Citing data from credit agency Centrix, it reported that more than 100,000 borrowers had mortgages of $1m or more. That’s about …

NEW YORK, Sept. 23, 2022 (GLOBE NEWSWIRE) — New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today that its Board of Directors (the “Board”) has approved a strategic repositioning of its business by opportunistically disposing of the Company’s joint venture equity interests in multi-family properties over time and …

New York Mortgage Trust, Inc. NEW YORK, Sept. 23, 2022 (GLOBE NEWSWIRE) — New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today that its Board of Directors (the “Board”) has approved a strategic repositioning of its business by opportunistically disposing of the Company’s joint venture equity interests in …

Reverse mortgage industry advertising has had a prominent presence on television, particularly from large lenders with national presence. However, there are a lot of opportunities for advertising on television beyond the national stage, and targeting your local community with paid advertising slots on programs that have a senior viewership could …

Climate change is very real, and among many other things, it can have very real effects on prospective home-buyers. Weather-related events can severely impact things like property insurance, which then in turn can affect mortgages — and whether or not you’re able to buy the house at all. As a …