Insurance is the new affordability challenge for mortgage originators
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“Mortgage rates and applications changed little last week, with just a slight increase in refinances for conventional and VA loans, while FHA refinances were lower,” said Joel Kan, CMB, MBA’s VP and Deputy Chief Economist. “Borrowers with larger loan sizes remain less likely to refinance with rates at these higher levels. The average loan size…
Marty Burger’s firm is officially on the transaction board. L&L Infinite, a joint venture launched this year by Burger and L&L Holding chief executive officer David Levinson, acquired the office property at 600 Third Avenue for $245 million, Bloomberg reported. The deal for the 575,000-square-foot building breaks down to $426 per square. The seller of…
Living in Northern California, I’ve seen the new Tesla Cybercabs driving around, particularly when I’ve been in Palo Alto (Tesla’s NorCal HQ). The futuristic cars apparently have no steering wheel and no pedals – something I didn’t personally notice as I watched them driving around — but by now we’re starting to get used to…
7:59 AM, 4th September 2026, 14 hours ago 3 The average landlord portfolio is claimed to be generating £88,454 a year in gross rent income, up £16,476 from £71,978, according to analysis by property management firm Rushbrook. That comes from an average of 7.3 properties with an estimated combined value of £1.7m, with both figures…
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Three suspects have been arrested in Cyprus over an alleged crypto investment fraud network targeting investors in Belgium and the Netherlands, according to the Cyprus Mail. The operation was coordinated with support from Europol. Authorities say the group operated a professional call center-style business that used fake celebrity endorsements, social engineering and remote-access software to…