Depleted savings, ruined credit: What happens when all the rent comes due?
Millions of Americans, especially low-income tenants, are accumulating debt amid the COVID-19 pandemic, threatening to create a downward financial spiral.
Millions of Americans, especially low-income tenants, are accumulating debt amid the COVID-19 pandemic, threatening to create a downward financial spiral.
The flippers purchased this well-worn property for $875,000 in June 2019. After some amazing renovations, it was sold in December 2020 for $1,475,000.
The post What the Flip? Portland Home Gets a Major Face-Lift and Gains $600K in Value appeared first on Real Estate News & Insights | realtor.com®.
You may be able to use a 203k loan for an investment property. But only in certain circumstances. Learn about 203k loan rules for investors here.
Posted To: MBS Commentary
Bond yields have been surging higher in February with last week bringing the sharpest losses so far. The move has surprised more than a few market participants. To be sure, the pace of selling doesn't seem to fit with the economic reality at first glance. Moreover, the higher yields have gone, the more expectations have increased for a technical correction. In other words, we have to find a ceiling soon, even if it's only temporary. It looked like we found that ceiling in the middle of last week, but Friday saw yields break to new highs. Now as the new week begins, we have more new highs (overnight) and more new hope for a ceiling bounce as bonds are rallying early. On the data front, this week's headliners include Durable Goods, Core PCE, and the 5/7yr Treasury auctions. With the…(read more)
Erin and Ben Napier of “Home Town” help a family update their midcentury build with fresher, cleaner, midcentury modern style.
The post ‘Home Town’: Ben and Erin Napier Reveal a Common Design Detail They ‘Hate’ appeared first on Real Estate News & Insights | realtor.com®.
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Check out these 10 relaxing home decor ideas to help to create a more peaceful house. With more time spent at home, you can finally make your home a more calming and serene place to be.
The post 10 Relaxing Home Decor Ideas to Transform Your Space appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.
Posted To: MBS Commentary
Huge Mortgage-Specific Weakness The rate reset continues. Just when you thought 10yr yields surely couldn't go any higher, they did. New intraday highs of 1.394% in 10yr yields, and closing near the 1.37% inflection point. MBS aren't happy about it. When rates spike this quickly, MBS typically have to undergo a fast and painful repositioning of relevant coupons. The current iteration has seen 2.5 UMBS take the place of 1.5 coupons in just a few short weeks. But even 2.5 coupons got killed today. Multiple lenders repriced for the worse–some of them more than once. Econ Data / Events Fed MBS Buying 10am, 1130am, 1pm Leading Economic Indicators 0.5 vs 0.5 f'cast Market Movement Recap 08:40 AM Heavy selling overnight in Asia. 10's hit highs of 1.394. Better buying in Europe despite…(read more)
An analysis of over three million rental applications by RENTCafé found an interesting trend among Gen Z renters that shows yet another way that this generation is diverging from their millennial predecessors. Where post-college millennials flocked to the nation’s biggest cities in search of jobs, Gen Z renters are increasingly moving to vibrant small towns … [Read more…]
On the latest “Fixer Upper: Welcome Home,” Chip and Joanna Gaines renovate a girls’ home that needs an open concept, only without the noise.
The post Chip and Joanna’s New Twist on the Open Floor Plan Is So Genius, You’ll Want It Right Now appeared first on Real Estate News & Insights | realtor.com®.