Real Estate

First American News LLC, Raleigh NC: Do I have to use an estate agent’s preferred mortgage broker to make an offer? I’m a first-time buyer and my estate agent has pushed me to use their mortgage broker to make an offer on a house. I’m not happy with their service but concerned my offer will …

Must I Allow My Real Estate Agent To Choose My Mortgage Broker? Read More »

MB Daily News-Raleigh NC – Mortgage rates in the U.S. soared, surpassing 4% for the first time in almost three years as reported by Gaby Mendoza from MB Daily News The average for a 30-year loan was 4.16%, up from 3.85% last week and the highest since April 2019, Freddie Mac said in a statement …

The Fed Raises Interest Rates – Mortgage Rates Now Topping 4% Read More »

First American News LLC Raleigh, NC: War underscores the difficulty in assessing political risks in volatile markets; ‘there are no buyers for the product. Real-estate developer Hines started investing in Russia soon after the Soviet Union’s collapse in 1991. Before long, the American company became one of the world’s largest foreign owners and managers of …

U.S. Investor Playing Russian Roulette By Betting on Russian Malls and Other Property Read More »

Despite new sanctions, Russians have spent years pouring funds into properties. As President Joe Biden vows to punish Russia with financial sanctions by seizing yachts, mansions and other assets, members of the real estate community and lawmakers are skeptical about how successful he’ll be at getting access to the money Russians have been pouring into …

Russian money flows through U.S. real estate Read More »

First American News LLC-Raleigh, NC: Lawsuit alleges Starwood misrepresented and omitted some risks in prospectus. Israel’s securities regulator said it would financially support a class-action suit involving a soured Starwood Capital Group bond deal, a move that comes as that country’s once-popular debt market with U.S. real-estate investors is getting tougher on some foreign companies. …

Starwood Capital’s Trouble in Israel Deepens Over Defaulted Bond Offering Read More »

Imagine an island ruled by a benevolent queen. When a famine threatens the island’s prosperity, the queen uses her power to save the economy. It works. But before the islanders can live happily ever after, the queen must decide what to do with her power, which she has pledged to use without favor on behalf …

The Fed’s Housing Dilemma: There Is No Way to Be Neutral Read More »

First American News LLC-Raleigh, NC: With inflation running its hottest in four decades, some investors are starting to question the strength of real estate’s defenses against higher prices. Investors purchased a record amount of commercial property and bet big on real-estate stocks last year, viewing the sector as a hedge against inflation. Now, with inflation …

Commercial Real Estate Is Seen as an Inflation Hedge, but That Isn’t Always the Case Read More »

First American News LLC: Raleigh, NC: Property startups emerged as one of the hottest tickets for venture investors during a record-breaking 2021. The recent stock-market selloff is testing the limits of that boom. Real-estate companies collected $12.2 billion in venture funding last year, according to private company data tracker CB Insights, up 34% from the …

Real-Estate Venture Boom Is Tested by Stock Market’s Slide Read More »

Mortgage rates in the U.S. jumped to the highest level since January 2020, before the pandemic rocked financial markets. The average for a 30-year loan was 3.69%, up from 3.55% last week, Freddie Mac said in a statement Thursday. That was the highest since Jan. 2, 2020, when rates averaged 3.72%. “You’re dealing with two …

U.S. Mortgage Rates Surge to the Highest Level in More than Two Years Read More »