Sunday, 12 July, 2020

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Tag: Brian Coester


The number of homeowners in government and private sector mortgage bailout plans declined for the second straight week, as borrowers who got in earliest saw their plans expire. CNBC’s Diana Olick reports.


A realtor wearing a protective mask uses a smartphone to provide a virtual video tour of a home for sale in Sacramento, California, U.S., on Monday, June 29, 2020. David Paul Morris | Bloomberg | Getty Images Prospective buyers getting their first glimpse of potential homes through smartphone cameras connected by FaceTime and Zoom. 3-D modeling technology used to create Read more…


The price for Matthew Perry’s “mansion in the sky” is coming back down to earth. The actor of “Friends” fame relisted his Century City penthouse this week for $27 million, down from $35 million last year. Located within the Century high-rise, the full-floor residence was reimagined during Perry’s ownership by architect Scott Joyce and interior designer LM Pagano. Subdued colors, Read more…


Decking built around mature trees creates a feeling of living in a tree house at this recently renovated home in the Mount Washington neighborhood of Los Angeles. Designed by local firm KeltnerCo, the house has been outfitted with dark Calacatta marble countertops in the kitchen and a three-sided fireplace in the living room. A cedar soaking tub and a detached Read more…


In Palos Verdes Estates, a Spanish Revival-style home built for Fred Roessler, the city’s first mayor, is on the market for $19.5 million. Roessler was instrumental in the efforts to incorporate Palos Verdes Estates, which was established as a subdivision in the early 1920s before its incorporation as a city in 1939. A chemist and veteran of World War I, Read more…


A historic mansion-turned-rock star’s retreat has surfaced for sale in Oakland. The French Normandy-style home, which was owned by Green Day frontman Billie Joe Armstrong for over a decade, hit the market last month for $7.25 million. In the early 20th century, the property held the Red Gate Mansion built by Julia Morgan, the architect known for her work on Read more…


Bidding has commenced in an auction of the Viceroy L’Ermitage Beverly Hills, a legendary hotel last owned by a highflying Malaysian investor now on the lam after being accused of embezzling billions of dollars from his country’s government. The low-key boutique hotel has been known as a celebrity haunt for decades, where the likes of Elizabeth Taylor, Richard Burton and Read more…


What does LTV mean? Your “loan to value ratio” (LTV) compares the size of your mortgage loan to the value of the home.  For example: If your home is worth $200,000, and you have a mortgage for $180,000, your loan to value ratio is 90% — because the loan makes up 90% of the total price. You can also think Read more…


Forecast plus what’s driving mortgage rates today Average mortgage rates inched lower by the smallest measurable amount yesterday. The drop may have been tiny, but it was enough to set a new all-time low. Today’s rate for a 30-year, fixed-rate, conventional loan is starting as low as 3.125% (3.125% APR). And other types of mortgages offer even lower rates. These Read more…


Forecast plus what’s driving mortgage rates today Average mortgage rates inched lower by the smallest measurable amount yesterday. The drop may have been tiny, but it was enough to set a new all-time low. Today’s rate for a 30-year, fixed-rate, conventional loan is starting as low as 3.125% (3.125% APR). And other types of mortgages offer even lower rates. These Read more…


Forecast plus what’s driving mortgage rates today Average mortgage rates inched lower by the smallest measurable amount yesterday. The drop may have been tiny, but it was enough to set a new all-time low. Today’s rate for a 30-year, fixed-rate, conventional loan is starting as low as 3.125% (3.125% APR). And other types of mortgages offer even lower rates. These Read more…


Forecast plus what’s driving mortgage rates today Average mortgage rates inched lower by the smallest measurable amount yesterday. The drop may have been tiny, but it was enough to set a new all-time low. Today’s rate for a 30-year, fixed-rate, conventional loan is starting as low as 3.125% (3.125% APR). And other types of mortgages offer even lower rates. These Read more…


A man walks past the U.S. Capitol building in Washington, June 25, 2020. Al Drago | Reuters The number of homeowners in government and private sector mortgage bailout plans declined for the second straight week, as borrowers who got in earliest saw their plans expire. More borrowers, however, are getting extensions of those initial three-month plans, proving the pain in Read more…


CNBC’s Kelly Evans breaks down the threat of evictions amid coronavirus and trends in the housing sector with CNBC’s Diana Olick and Ryan Schneider, CEO of Realogy.