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News

Bitcoin is finally buying into US real estate

Scource:  CNBC     Bitcoin is already in retail and restaurants — so it was only a matter of time before the cryptocurrency took on real estate. That time is now. Bitcoin is slowly making its way into closings on everything from Lake Tahoe land in California to Manhattan condos to single-family homes in the heart of Texa...


Hurricane damage can be costly, but housing market recovery is swift

Source:  National Mortgage News   While the scale of destruction and suffering caused by Hurricanes Harvey and Irma is staggering, history suggests the local economy and housing markets in the affected areas will bounce back relatively quickly.  Read More >>    


Treasury Report Calls for Sweeping Changes to Financial Rules

Source:  The New York Times   The Trump administration is again taking aim at the Dodd-Frank Act, releasing a Treasury Department report on Friday that recommended a vast reworking of Wall Street rules adopted in response to the financial crisis.  Read More>>      


Millennial Mortgage Loan Amounts Grow in August

Source:  Mortgage Professional America   Despite higher rates, millennial borrowers took out mortgage loans at higher amounts than they did a year ago, according to data from the Millennial Tracker released by Ellie Mae.   Millennial borrowers closed loans in August with an average amount of $185,919, a slight increase fr...