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Vegas mall that lost 95% of value might be just the beginning

Thirty-one of 39 shopping malls linked to a key commercial real estate credit derivatives index are currently impaired.

Refi Demand Staying Strong Despite Rising Rates

Posted To: MND NewsWire

The current Mortgage Monitor from Black Knight looks at the recent small increases in mortgage rates and their potential impact on home sales. The company says that Treasury yields have been rising with the 10-year up nearly 0.25 percent just since the January 5 Georgia senatorial runoff. While the spread between it and the 30-year mortgage rates absorbed part of the increase , mortgages did subsequently rise by about 1/8 th of a point. The January spike wasn’t an isolated event, the 10-year yield had eased up 40 basis points over the last five months of 2020. “Should yields rise further in coming months, they may begin to impact 30-year rates more directly, although the Fed’s bond buying efforts are expected to insulate the mortgage market to some degree,” the report says. The 1/8 th point…(read more)

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Home Movers Flocked to Decisive Battlegrounds Ahead of 2020 Election—Many Came From Blue States

The mass movement from liberal metropolises to less crowded locales may be shifting the electoral map.

The post Home Movers Flocked to Decisive Battlegrounds Ahead of 2020 Election—Many Came From Blue States appeared first on Real Estate News & Insights | realtor.com®.

February Class-Action Settlements Involve Godiva, Walmart and More

Sometimes, you notice right away if you have been overcharged for an item. If you pick up a box of cereal marked $2.99 and see it listed at $3.22 on your receipt, that error is pretty easy to spot. In other cases, price discrepancies aren’t so obvious, as seen in a new pre-filled propane tank […]

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Tread Carefully in a Hot IPO Market

Be wary of high-priced initial public offerings (IPOs) in a stock market that’s stacked against you.

Price Premium for Trump Condos Down Since the 2016 Election

Since Donald Trump won the presidential election in 2016, Trump condos sell for a lower premium and are less likely to mention “Trump” in descriptions.

10 Cities Expected to Attract Millennial Homebuyers in 2021

The under-35 set is heading to the suburbs and smaller towns.

Mortgage and refinance rates today, January 29, 2021

Today’s mortgage and refinance rates  Average mortgage rates inched up by the smallest measurable amount yesterday. So they’re immediately adjacent to the new all-time low set on Wednesday and equal […]