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Average mortgage rates in the US at a 7-year high; 30-year rate hits 4.61% - USA TODAY

USA Real Estate News - Thu, 2018-05-17 13:11

USA TODAY

Average mortgage rates in the US at a 7-year high; 30-year rate hits 4.61%
USA TODAY
WASHINGTON — Long-term U.S. mortgage rates jumped this week, marking their highest levels in seven years amid the peak home buying season. The benchmark 30-year rate pushed toward the significant 5% level. Mortgage buyer Freddie Mac said ...

CRM LionDesk roars into voice-activated internet with skills for Amazon Echo

USA Real Estate News-Inman - Thu, 2018-05-17 13:04
Popular real estate CRM LionDesk has launched a skill for Amazon's voice-activated-internet appliance, Echo. Customers of the CRM will soon be able to ask Alexa to share their top three tasks and appointments for the day. It will soon be able to share information about new leads, too.

Buy this $85M NY condo and get a free trip to outer space - USA TODAY

USA Real Estate News - Thu, 2018-05-17 12:33

USA TODAY

Buy this $85M NY condo and get a free trip to outer space
USA TODAY
As for the condo, it's being offered by a real estate developer, Daniel Neiditch. The condo is in the exclusive Atelier building that's reportedly home to a slew of celebrities. It has 10 bedrooms, 11 bathrooms and 15,000 square feet. It takes up the ...

European stocks hit nearly 4-month high, buoyed by energy firms and Ocado - MarketWatch

Europe Real Estate News - Thu, 2018-05-17 11:40

Fortune

European stocks hit nearly 4-month high, buoyed by energy firms and Ocado
MarketWatch
European stocks on Thursday ended at their highest since late January, as energy stocks tracked oil prices higher and Ocado shares surged after a new partnership agreement to enter the U.S. market.
Statement regarding new international partnership - InvestisInvestis

Mortgage: Low credit score costs you $21,000 when buying a house - USA TODAY

USA Real Estate News - Thu, 2018-05-17 11:37

USA TODAY

Mortgage: Low credit score costs you $21,000 when buying a house
USA TODAY
A Zillow study found that a borrower with a fair credit score would pay about $720 more per year in mortgage costs for the same home than one with an excellent ...

Study: Homebuyers with lower credit scores pay extra $21000 in mortgage costs - USA TODAY

USA Real Estate News - Thu, 2018-05-17 11:12

USA TODAY

Study: Homebuyers with lower credit scores pay extra $21000 in mortgage costs
USA TODAY
A new study by real estate research site Zillow found that a borrower with a fair credit score (640-679) would pay about $720 more per year in mortgage costs for the same home than a borrower with an excellent score of above 760. The analysis found ...

NAR chief lobbyist to retire at the end of 2018

USA Real Estate News-Inman - Thu, 2018-05-17 11:01
The National Association of Realtors (NAR) Chief Lobbyist Jerry Giovaniello, a 37-year veteran of the organization, who became its top government liaison in 2001, will retire at the end of the year, he announced Wednesday at the trade group’s midyear conference in Washington, D.C.

Brent oil prices shoot past $80 for first time since 2014 on risks to Iran supplies - MarketWatch

Europe Real Estate News - Thu, 2018-05-17 10:45

Brent oil prices shoot past $80 for first time since 2014 on risks to Iran supplies
MarketWatch
July Brent crude LCON8, +0.48% was up 90 cents, or 1.1%, at $80.18 a barrel on ICE Futures Europe, after tapping a high of $80.33. Prices haven't see levels this high since November 2014. On the New York Mercantile Exchange, June West Texas ...

INREV: European non-listed real estate continues to perform well for investors - IP Real Estate

Europe Real Estate News - Thu, 2018-05-17 10:34

IP Real Estate

INREV: European non-listed real estate continues to perform well for investors
IP Real Estate
An increase in the value of assets helped Europe's non-listed real estate sector to perform well for investors last year. The 2018 INREV Annual Index report revealed that the All Funds Index delivered a total return of 9.40% over 2017, up from 5.99% in ...

EU leader Tusk blasts Trump: 'With friends like that, who needs enemies?' - MarketWatch

Europe Real Estate News - Thu, 2018-05-17 10:31

EU leader Tusk blasts Trump: 'With friends like that, who needs enemies?'
MarketWatch
U.S. President Donald Trump's decision to pull out of the Iran nuclear deal obviously doesn't sit well with his European allies. On Wednesday EU leader Donald Tusk openly shared his frustration. Speaking at the beginning of an EU summit in the ...

NAR celebrates the 50th anniversary of the Fair Housing Act

USA Real Estate News-Inman - Thu, 2018-05-17 10:27
The National Association of Realtors is celebrating the 50th anniversary of the passage of the Fair Housing Act at its annual midyear conference in Washington, D.C. The trade association is also publicly acknowledging its lack of support for the landmark legislation in the past.

NAR’s top lawyer weighs in on association director conflicts

USA Real Estate News-Inman - Thu, 2018-05-17 08:55
As the board of directors of the National Association of Realtors gears up to vote on proposed dues increases, the trade group's chief attorney reminded its members who the directors owe fiduciary duty to: NAR.

Henley USA expands to hospitality market in South Florida - PR Newswire (press release)

USA Real Estate News - Thu, 2018-05-17 07:20

Henley USA expands to hospitality market in South Florida
PR Newswire (press release)
BOSTON, May 17, 2018 /PRNewswire-USNewswire/ -- Henley, the global private equity real estate investor, has purchased two hotels in the vibrant urban areas of Little Havana and South Beach, Miami. It will fund the transformation of the properties by ...

European stocks seesaw as Italian politics, earnings remain in focus - MarketWatch

Europe Real Estate News - Thu, 2018-05-17 05:11

European stocks seesaw as Italian politics, earnings remain in focus
MarketWatch
The Stoxx Europe 600 index SXXP, +0.66% rose 0.1% to 393.66, on track to close at its highest level since Jan. 31, according to FactSet data. The pan-European index has been grinding higher in recent days, but in volatile trade where it has swung ...

5 tips for investors looking to get into the Airbnb game

USA Real Estate News-Inman - Thu, 2018-05-17 04:00
Airbnb and similar vacation rental portals have changed the game in real estate investment. The benefits of renting an investment property on Airbnb are many, and it's a trend conscious property managers and owners are jumping into headfirst.
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