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Archive for January, 2014

As Refinancing Wanes, Banks Are Wary of New Loans – NY Times 1-14-14

Wednesday, January 15th, 2014

Home prices have been rising, the federal government is providing support to bolster the mortgage market, and the big banks that make home loans are strong enough to provide credit to borrowers.

Yet little has returned to normal since the 2008 financial crisis, leaving a large swath of borrowers virtually shut out of the market.

Read the article here  (NY Times 1/14/14)

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The switch to self-employment has mortgage implications – LA Times 1-12-14

Tuesday, January 14th, 2014

Despite excellent credit, it’s still possible to be turned down for a mortgage due to new rules on verifying that borrowers have the ability to pay:

“I have loads of money. I own four properties free and clear. I have no debt. My credit file is impeccable. I have a credit score of 760.  And I was just turned down for a mortgage.”

Read the article here  (LA Times 1/12/14)


Why Business Investment Could Break Out – WSJ 1-12-14

Monday, January 13th, 2014

If U.S. gross domestic product, the sum of all the goods and services produced in the economy, comes in at a 3% growth pace for the final three months of 2013, as many economists are forecasting, the economy could see the best half of a year in a decade.

Read the article here  (WSJ 1/12/14)


Commercial Real Estate Sector has Emerged as a Compelling Investment Globally Thanks to Attractive Yields and Growth Prospects – CNBC (video) 1-10-14

Friday, January 10th, 2014

There is a lot of confidence going in to 2014 in the commercial real estate (CRE) asset class, thanks to more certainty, according to Hessam Nadji, SVP & Chief Strategy Officer, Marcus & Millichap.

Watch the video interview here.  Read the full research report here.