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Mortgages and Rates
The cost of borrowing a house.
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Rent caps are good for growth claims Renters’ Reform Coalition
3+ day, 21+ hour ago (481+ words) A tenants’ group is calling for rent caps to be introduced, claiming they are “good for growth”. Writing in LabourList, Renters’ Reform Coalition director Clara Collingwood claimed that “out-of-control” rents were pushing up the cost of Local Housing Allowance and…...
An Echo Press Editorial: Minnesotans keep their budgets tight
4+ day, 23+ hour ago (547+ words) 🏥 👮🏽 👩🚒 HEROES AMONG US — NOMINATE ONE TODAY! 👩🚒 👮🏽 🏥 Are you a penny pincher when it comes to setting your budget at home? Or do you find yourself asking: “Budget, what budget?” Maybe it’s time to get out your pen and paper and…...
Gantry Secures $48.3M for Minnesota Class A Multifamily Construction Takeout Loan
6+ day, 1+ hour ago (51+ words) Yield PRO Gantry’s Joe Monteleone, Principal, and Bonnie Monteleone, Senior Associate, with the firm’s St. Louis production office represented the borrower, a private real estate investor. The 10-year, fixed rate, non-recourse, full-term interest only loan was secured from Freddie Mac....
Q&A: What can rent prices reveal about inflation and the economy? | Penn State University
6+ day, 7+ hour ago (1448+ words) UNIVERSITY PARK, Pa. — Tracking rent prices may help businesses and policymakers understand where inflation is headed months in advance of government inflation reports, according to researchers at Penn State’s Smeal College of Business who developed the Penn State/ACY Alternative…...
Rare Meeting Between Bowman and Powell During Fed's Quiet Period Sparks Schedule Controversy
1+ week, 12+ hour ago (914+ words) By Wu Yu, Jin10 Data Latest disclosed Fed schedules show that two Federal Reserve governors met with banking industry figures or attended related events during the 'blackout period' surrounding FOMC meetings in May and June this year. While there is currently…...
U.S. economy added many more jobs than expected in August. What Wall Street is saying
1+ week, 3+ day ago (36+ words) The U.S. jobs market forgot about the dog days of August and saw scorching growth. The Bureau of Labor Statistics said nonfarm payrolls rose 162,000 last month. That was far more than the 53,000......
Gantry Secures $20.7M Refinance for Pacific Northwest Multifamily Communities
1+ week, 4+ day ago (60+ words) Yield PRO Gantry’s Blake Hering, Principal, Charlie Kokernak, Director, and Hrishi Bukshin, Associate, with the firm’s Portland production office represented the borrower, a private real estate investor. Both five-year, fixed rate, non-recourse, full-term interest only loans were secured from an…...