As temperatures soar this summer, demand from home buyers is increasing. Add that to an already strong refinance market, and the total volume of mortgage applications increased 4.1% last week from the previous week, according to the Association of Mortgage Bankers. Helping to fuel demand, mortgage rates hovered near a …
Read More »The proportion of Americans who default on their mortgage payments falls to the lowest level in two months.
Fewer Americans now have agreements with their mortgage servicers to skip their monthly payments. Getty Images / iStockphoto Fewer than 4 million homeowners in the US skip their mortgage payments, according to new estimates by the Mortgage Bankers Association released Monday. The business group reported that only 7.8% of mortgage …
Read More »‘Golden Girls’ house for sale, but not in Miami
Miami Florida. – Almost 35 years ago, we were invited to Blanche Devereaux’s house in Miami for seven television seasons, where she and the other “Golden Girls” lived. Retirees ended up under one roof after Blanche’s husband George died and she placed an ad in a grocery store looking for …
Read More »The open secret in the commercial real estate sector is that homeowners regularly withdraw cash from properties – here’s a look at how much
It is an open secret that commercial real estate owners withdraw cash from buildings. When they do, unlike homeowners, criticism is often mild. After all, hotels, shopping malls, office towers, and other commercial buildings are run as businesses, where the primary goal is to make a profit. “The real estate …
Read More »Original ‘Golden Girls’ house for sale
Between 1995 and 1998, PBS fed children with classic tales like Ivanhoe and The Legend of Sleepy Hollow through a wise dog named Wishbone. The imaginative Jack Russell Terrier was inserted into the plots of countless books and always found a way to connect even the most esoteric tome with …
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