Farmington Real Estate News
Real Estate news for Farmington, NY continually updated from thousands of sources.
Tuesday | via The Washington Post
Hedge funds largely failed in their legal challenge to the U.S. government's capture of billions of dollars in profits generated by Fannie Mae and Freddie Mac after their bailout, sending shares of the mortgage guarantors plunging. Perry Capital LLC , the Fairholme Funds and other big investors lost a bid to overturn a judge's ruling that said they can't sue the government over the dividend change. Comment?
Saturday Feb 18 | via GuruFocus.com
The U.S. housing market rallied in 2016 as house prices and lending continued to grow with mortgage rates remaining low for the larger part of the year. The U.S. federal reserve has signaled the possibility of another rate hike but the longer it took to increase interest rates, the more uncertainty brewed in the market, keeping mortgage rates low. Comment?
Friday Feb 17 | via The Washington Post
Jared Kushner relinquished control of his family's multibillion-dollar real-estate business in January to eliminate conflicts of interest when he became a top White House adviser to his father-in-law, President Donald Trump. Kushner Cos . Comment?
Thursday Feb 16 | via New York Magazine
After marrying my husband I told him I didn't want to get pregnant until we bought a house and moved out of our Boston apartment. For my husband, it was simply the next logical step to adulthood. Comment?
Wednesday Feb 15 | via North Country Now
Front, Scott Wilson, president and CEO; Theresa Raleigh, human resources vice president; Tyler Leboeuf, marketing specialist; Margo Rochefort, internal audit manager; Paula Brown, sales and service manager; Katie Seidel, senior accounting specialist; back row: Debra Paquin, call center representative; Emilie Norton, member business loan specialist; Tara Cusworth, mortgage loan specialist; Lacey Peets, loan operations manager; and Tabitha Ladison, payment compromise and fraud specialist. MASSENA -- SeaComm has been named, for the seventh year, as one of the "Best Companies to Work for in New York State" for 2017. Comment?
1 min ago | via TheStreet.com
Potential homeowners can take advantage of the continuation of low mortgage rates since the Federal Reserve has only increased interest rates once since last December. U.S. mortgage rates have risen in the aftermath of the presidential election, as potential homeowners face higher monthly payments amid a stagnant economy with slow wage growth. Comment?
2 min ago | via Phillymag.com
As housing markets nationwide continue their recovery from the 2008 market collapse, it appears that affordability may be one of the things falling by the wayside. A quarterly survey of the Philadelphia housing market produced by mortgage resource site HSH.com shows that the income needed to afford a standard 30-year fixed-rate mortgage on a median-priced home here rose 2.82 percent from the fourth quarter of 2015 to the fourth quarter of 2016, even though the median house price dropped 5.62 percent from the previous quarter. Comment?
19 min ago | via US News & World Report
A good credit score goes a long way to a brighter financial future, but there's still a lack of understanding about what goes into this figure. In a Capital One Credit Confidence Study from January, 53 percent of 2,300 survey respondents say they are very confident when it comes to understanding credit, and the majority say they know they will be able to improve their credit. Comment?
19 min ago | via Financial Times
The Aim-listed estate agency Purplebricks is to expand into the US, its third country in three years of operation. The company has raised about £50m through a share placing to fund a launch into "key US states", it said late on Wednesday. Comment?
21 min ago | via US News & World Report
One of the simplest ways to update a space is with a can of paint. But deciding on a paint color can drive anyone mad. Comment?
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