Staunton Real Estate News
Real Estate news for Staunton, VA continually updated from thousands of sources.
Thursday Jan 19 | via Bloomberg
Steven Mnuchin, Treasury secretary nominee for president-elect Donald Trump, arrives to a Senate Finance Committee confirmation hearing in Washington, D.C., on Jan. 19. Steven Mnuchin, Donald Trump's nominee for Treasury secretary, dashed some investors' hopes for a rapid windfall on investments in mortgage-finance giants Fannie Mae and Freddie Mac under the new administration. Mnuchin said comments he made last year on Fannie and Freddie weren't meant to endorse a view the government should quickly recapitalize the companies and then sell its stakes. Comment?
Wednesday Jan 18 | via NBC12
Hundreds of thousands of Virginians are swimming in student loan debt. An estimated 629,000 could benefit from refinancing at lower rates, according to some state legislators. Comment?
Monday Jan 9 | via NBC29
Lawmakers are introducing bills aimed at lowering interest rates, and having the commonwealth play a role in issuing new loans. Democrats argue Virginia's economy is being held back because graduates are unable to invest much in the economy. Comment?
Monday Jan 9 | via The Washington Post
For the most part, Northern Virginia has seen a stable pattern of real estate activity in the past five years. While home prices have experienced a steady upward trajectory, there are some signs that several locations have started to pull away from the pack and outpace the rest of the competition. Comment?
Wednesday Jan 4 | via NewsOK.com
District of Columbia residents filed complaints with the Consumer Financial Protection Bureau at a rate almost three times as high as Americans overall during the first 11 months of 2016, according to data from the U.S. agency. Across the country, the per capita rate of complaints was 52.3 per 100,000 people during that period. Comment?
4 min ago | via The Chronicle Herald
Americans retreated from purchasing homes in December, as the number of properties listed for sale sank to its lowest level since 1999. last month to a seasonally adjusted annual rate of 5.49 million. Comment?
5 min ago | via 900 CHML AM
Canada Mortgage and Housing Corporation says the high price of housing in the Greater Toronto Area is having a widening effect on other Ontario real estate markets including Hamilton. CMHC says it appears that people have gone further afield to buy a single-family home such as a detached or semi-detached house. Comment?
55 min ago | via Searchlight Crusade
Okay, you might expect a Real Estate Agent to have a post with that title, but I'm going to surprise the doubters by hauling out a spreadsheet and proving it with numbers. When I originally wrote this, if you had moderately decent credit you could have qualified for 100 percent financing. Comment?
10 min ago | via Insurance Networking
Lloyds Banking Group Plc was hit by a cyber attack that disrupted online services for customers two weeks ago, a person with knowledge of the matter said, amid mounting concern over the threat hackers pose to major banks. Britain's largest mortgage lender was targeted by a denial-of-service attack, which aims to cripple an online system by flooding it with traffic, said the person who asked not to be identified because the details aren't public. Comment?
13 min ago | via The Washington Post
A bond-market startup is a step closer to reviving crisis-era derivatives that let investors bet on U.S. homeowner defaults. JPMorgan Chase & Co., Bank of America Corp. and Credit Suisse Group AG have given price data to the startup, New York-based Vista Capital Advisors, which rolled out the latest version of its pilot initiative this month, according to a person with knowledge of the matter. Comment?
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