Tag Archives: Real Estate

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 …

Noel Hendrickson/Getty Images Even with signs that the housing market is cooling, homebuyers are still feeling the sting of elevated prices and higher interest rates. The average rate on a 30-year fixed-rate mortgage is 6.7% as of Friday, up from 3.3% at the start of 2022, according to Mortgage News …

Robert Dietz National Association of Home Builders Many aspiring homebuyers are watching as home prices begin to fall and wondering: What do I need to know about the housing market now?  (See the lowest mortgage rates you may qualify for here.) So we asked Robert Dietz these questions. Since joining …

Text size U.S. Federal Reserve Chairman Jerome Powell spoke at a news conference in Washington following a meeting of the Federal Open Market Committee on Sept. 21, 2022. Drew Angerer/Getty Images Rising mortgage rates have quelled home buyer demand, cutting into both sales and prices. That’s for the better, according …

A circa-1890s Connecticut home hitting the market for the first time in nearly 50 years is asking $15.995 million. The roughly 8,500-square-foot, six-bedroom house sits on just over an acre in Greenwich, according to Matt Bernard, whose late parents purchased it in the 1970s. Mr. Bernard, who grew up in …

DENVER, Sept. 20, 2022 (GLOBE NEWSWIRE) — 2-10 Home Buyers Warranty continues its thought leadership in the Build to Rent space with the introduction of a first-of-its-kind insurance-backed tenant-occupied structural warranty. For more than 40 years, 2-10 HBW has been the industry leader in innovation, and new products and services …

A look at Zillow Group’s closely followed rent index shows that last year’s roughly 17% yearly surge in rental prices was probably the peak, with the rate of increases dramatically receding in the past six months. The trend might give renters moving to a new city more breathing room or …

takasuu / iStock.com If you are looking to buy a home but find that you can’t afford the house you’d like due to rising interest rates, there could be an easy way to lower your rate. Depending on how much money you have available for a down payment and closing …

Far fewer people are buying homes now than a year ago, which is “driven by affordability challenges and higher rates, as well as increased uncertainty over the economy,” says Joel Kan, associate vice president of economic and industry forecasting for the Mortgage Brokers Association. Uncredited The housing market is in …

After Mark and Melissa Reichert moved from California to Dallas, the couple put their home in the Los Angeles suburbs up for sale this summer. Yet even after they cut the asking price by $10,000, there was hardly any interest. Instead, they decided to rent out the house. Their monthly …