Existing Single-Family Homes Supply Jumps To 10-Year High, Sales Slip Deeper Into Deep Freeze; Mortgage Rates Rise To 6.49%
Existing Single-Family Homes Supply Jumps To 10-Year High, Sales Slip Deeper Into Deep Freeze; Mortgage Rates Rise To 6.49%
Existing Single-Family Homes Supply Jumps To 10-Year High, Sales Slip Deeper Into Deep Freeze; Mortgage Rates Rise To 6.49%
Meridian Capital Group has secured $16,350,000 in financing on behalf of BRG for Dale Gardens, a 103-unit multifamily complex located at 84-17 125th St. in Kew Gardens. The loan was provided by JPMorgan Chase and was placed by Meridian’s Avi Weinstock and Chesky Klein. The financing was structured with a 10-year term at a fixed…
Gregory Karp writes for NerdWallet. Email: articles@nerdwallet.com. Twitter: @spendingsmart. Sara Rathner writes for NerdWallet. Email: srathner@nerdwallet.com. The article 10 of the Most Overhyped Credit Card Features originally appeared on NerdWallet.
It remains an open question how transparent and forward-looking the Federal Reserve will be during Kevin Warsh’s tenure as central bank chairman. Warsh, who was officially sworn in as the top Fed official on May 22, has made no secret of his disdain for forward guidance. He declined to submit a projection to the Fed’s…
Demand in Tier-2 housing markets has grown at a 14% CAGR over the past five years, but rising prices and affordability concerns are beginning to reshape where—and what—homebuyers should buy, according to a report by Crisil Intelligence. The report says residential demand across 10 major Tier-2 cities expanded at a 14% compound…
Kioxia may have become Japan’s most valuable company amid the AI boom, but South Korea’s chip giants still hold a structural edge, according to the Bain Capital executive who led the company’s buyout from Toshiba. “The reason South Korean companies are so successful in the semiconductor industry is the powerful top-down leadership and ownership structures…
Elliott Kunstlinger (pictured top), who recently joined Eastern Union as a senior mortgage broker, said the reality of those headwinds became clear following a recent conversation with a contact at a major institutional lender. “Yes, rates are where they are, and everybody likes to point to that,” Kunstlinger told Mortgage Professional America. “But I was…