Editor's note: We earn commission from Forbes Advisor partner links. Commissions do not influence our editors' opinions or ratings. According to Curinos, the current interest rate for a 30-year fixed mortgage is 7.54%. The average interest rate for a 15-year fixed mortgage is 6.79% and the average interest rate for a 30-year jumbo mortgage is 7.43%. Mortgage interest rates as of July 2, 2024 Source: Curinos See moreSee more 30-year mortgage rates The average interest rate on a 30-year fixed-rate mortgage today is 7.54%, 0.17 percentage points higher than last week. The Annual Percentage Rate (APR) for a 30-year fixed…
Author: Private Lending Agent
I’ve never been much of a card player. This might come as a surprise to you (that was sarcasm) but I simply don’t have the patience for it. A while back, my friend Aimee told me, “I’ve been crushing it lately in online poker. I think I’m going to make this a career!” I told her that she, like millions of other people, were no different than the scores of pretty and handsome young folk that arrive in Los Angeles every single day, thinking they’ll be the next star on the Silver Screen. But she challenged me on this. She said…
Tamannaah Bhatia, who has an estimated net worth of Rs 12 crore, according to India Today, is set to expand her real estate portfolio in 2024. According to Moneycontrol, the actress has rented a commercial property in Mumbai and has mortgaged three apartments in the city.Tamannaah Bhatia rents a commercial property in Mumbai for Rs 1.9 million per month.According to documents obtained by Propstack, Tamannaah Bhatia is paying a monthly rent of Rs 1.9 million for a commercial property in Mumbai's Juhu area. The property is 6,065 square feet in size and is located in the Western Wind Building on…
Ashwinder R. Singh, highly regarded for his insightful contributions to the real estate industry, has released his third book, “Master Commercial Real Estate.” This comprehensive guide delves into the complexities of investing in the commercial real estate market, providing valuable insights for both novice and seasoned investors. Building on the success of his previous bestsellers, “The A to Z of Residential Real Estate” and “Master Residential Real Estate,” this new book solidifies Singh's reputation as a thought leader in the industry. Singh's previous books have been immensely popular among homebuyers, channel partners, developers, real estate investors and professionals, and his…
Five executives have taken on new leadership responsibilities at PIMCO's real estate division as other senior executives depart, according to information obtained by PERE. The Newport Beach, Calif.-based investment management firm has promoted executive vice presidents and portfolio managers Ravi Anand and Roman Kogan to global co-heads of PIMCO commercial real estate private lending. Anand was previously head of U.S. commercial real estate private credit and has been with the firm since February 2018. Kogan, who was previously in charge of European private commercial real estate debt strategies, joined the firm in April 2020, according to the executives' LinkedIn profiles.…
NexPoint Diversified Real Estate Trust (NYSE:NXDT – Get Free Report ) insider James D. Dondero bought 9,832 shares of the company's stock in a transaction on Friday, June 28. The shares were acquired at an average price of $5.44 per share, for a total value of $53,486.08. Following the completion of the transaction, the insider now directly owns 258,025 shares of the company's stock, valued at $1,403,656. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink . NexPoint Diversified Real Estate Trust Price Performance NXDT shares opened trading at 5.37 on Tuesday.…
Anton Bridge and Miho Uranaka(Reuters) – The head of Mizuho Financial Group Inc's banking unit said the Bank of Japan could raise interest rates twice by the end of March 2025 to reach 0.5 percent, to reflect Japan's economy's real growth rate.But a rapid rate hike would not be enough to halt the yen's plunge to its lowest level against the dollar in 38 years, Mizuho Bank Chief Executive Officer Masahiko Kato told Reuters in an interview.Kato said, “If the Bank of Japan raises interest rates too significantly, it will worsen economic growth, which has finally gotten on track,” and…
sale industry North Lisbon, LLC purchased the 7,648 square foot building at 43-51 North Lisbon Road in Lewiston from GRE, LLC, represented by Chirs Paszyc, CCIM, SIOR, Nick Lucas and Chris Romano of The Boulos Company, Clayton Larochelle of Fontaine Family – The Real Estate Leader and Sam LeGeyt of The Dunham Group. New England Dumpster Inc. purchased three properties totaling 4,776 square feet at 700 Stroudwater Street in Westbrook from TW Enterprises, Inc., Drew Sigfridson of SIOR and Reese McFarlane of The Boulos Company. Lewiston Holdings 765 Webster, LLC purchased the 93,500-square-foot building at 765 Webster Street in Lewiston…
Round-the-clock phone, email and chat support ensures seamless operation for mortgage professionals working outside of normal business hours. BOULDER, Colo. , July 2, 2024 /PRNewswire/ — Aidium, the leading business intelligence and mortgage CRM platform, announces 24/7 customer support services, highlighting Aidium's commitment to providing unparalleled support to ensure mortgage professionals have access to real-time help whenever they need it. Mortgage professionals often work outside of standard business hours, making ongoing support important, and Aidium’s new 24/7 support service helps lenders resolve issues and receive assistance without delays, helping them stay productive. “Emergencies don't wait for business hours, and neither…
Will China further ease stringent regulations to boost its real estate sector?China's property downturn could lead to a more flexible approach to labor migration by loosening some of its rigid hukou system. More than 20 cities now allow people from anywhere in mainland China to change their official residency status under a system known as “hukou.”In China, hukou is linked to social security, and migrants can transfer their urban status by purchasing a home in the city.What is a family register?Hukou refers to China's household registration system, which officially identifies and records the whereabouts of Chinese citizens, linking individuals to…