What’s the deal with Burbank’s gigantic castles? We have answers
Massive turrets. Stained glass windows. Sneering stone gargoyles. We discovered the story behind the enormous castles dotting Burbank.
Massive turrets. Stained glass windows. Sneering stone gargoyles. We discovered the story behind the enormous castles dotting Burbank.
Black Knight releases a robust collection of mortgage/housing info each month via its Mortgage Monitor report. There are always more charts than we have time and room to post, but the charts are typically more interesting than whatever we have to say about them. So this month, let’s try “more charts, fewer words.” The report usually begins with delinquency stats. This isn’t too interesting for the average originator, but if anyone asks you if the present housing market is like it was in 2008, you can confidently tell them it’s quite the opposite in terms of delinquencies. “Prepayment” is also a term that doesn’t mean much to the average mortgage originator, realtor, or consumer, but it is slightly more interesting than delinquency stats. Prepayment activity simply lets us know the reasons that loans are being paid off. Refinances and sales are the biggest contributors, as you’d expect. In this case, it’s interesting to see how much of the heavy lifting is now down by home sales (pretty obvious, considering high rates’ impact on refis). Perhaps even more interesting is the ramp up in “curtailments” (extra principal paid down). No surprises here. Purchase rate locks are at multi-year lows, but not too far below 2019. No surprises, for the most part, but some may be pleasantly surprised to see how steady the purchase market has been in terms of its contribution to overall origination numbers.
Inside: Do you want to start flipping money but don’t know where to start? This guide will give you plenty of items…
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How does mortgage rate buydown work? The Washington Post
We share a discussion about how you can leverage inflation for your benefit while minimizing its negative effects on your finances.
Mobile, manufactured, modular. These types of homes sound similar, and they’re all prefabricated, but they differ in cost, customization, ease of financing, and more. When it comes to old mobile homes and modular vs. manufactured homes, here’s what to know if you’re considering a purchase. What Is a Mobile Home? Unlike a stick-built, or traditional, […]
The post Mobile vs Modular vs Manufactured Homes: Key Differences appeared first on SoFi.
Home Décor 2023 What’s Hot, What’s Not Santa Clarita Valley Signal
The post 14 Best Types of Investment Vehicles appeared first on Well Kept Wallet.
An applied academic institution at the University of Utah’s David Eccles School of Business, Ivory Innovations is dedicated to supporting innovative solutions in housing affordability. They recently announced the Top 25 Finalists for the 2023 Ivory Prize for Housing Affordability (from 203 nominees). Finalists are…
The post Meet the 2023 Ivory Prize Top 25 appeared first on GeekEstate Blog.
From St. Michaels, Maryland to Richmond, Virginia, check out these 16 places to visit near Washington DC.
The post New to DC? Explore 16 Unique Places Near Washington, DC Worth the Visit appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.