Regulators seized control of First Republic Bank and sold it to JPMorgan Chase on Monday, a dramatic move aimed at curbing a two-month banking crisis that has rattled the financial […]
Mortgages
Trending topics and news from the Mortgages category
Back to news homeHousing Market Gridlock: Buyers Are Eager, but Sellers Are Scarce
The housing market typically comes to life in spring, when buyers emerge in the warmer weather. This year, the market appears stuck in a deep freeze, and the biggest culprit […]
Stress Builds as Office Building Owners and Lenders Haggle Over Debt
A real estate investment fund recently defaulted on $750 million of mortgages for two Los Angeles skyscrapers. A private equity firm slashed the value of its investment in the Willis […]
Silicon Valley Bank’s Deep Ties to the Tech Industry
When Kleiner Perkins, one of Silicon Valley’s highest-profile venture capital firms, wanted to build a bridge between two of its office buildings around 2005, it decided to take out a […]
Will the Fed Keep Tightening as Banks Fail?
Quantitative tightening is supposed to be boring. That’s by design.It doesn’t demand attention like a bank failure, emergency government rescue, wildly fluctuating interest rates or uncomfortably high inflation.But it is […]
When It’s Easy to Be a Landlord, No One Wants to Sell
The offers came in and she agreed to sell it for $240,000, but when the negotiations dragged on she decided to walk away. And why not? Within weeks she had […]
Falling Mortgage Rates Bring Some Home Buyers Back to Market
Earlier in the pandemic, when many urbanites were leaving New York to work remotely in far-flung locations, Molly Parker Wade instead moved from the West Coast to Brooklyn to be […]
Low-Down-Payment Mortgages: Your 2023 Guide
Freddie Mac and Fannie Mae. They offer several low-down-payment options through lenders, both under their standard loan programs and those tailored to first-time buyers and lower- and middle-income households. Most […]
Are the Federal Reserve’s Rate Increases Working?
Economists at Goldman Sachs estimate that the Fed’s preferred inflation gauge, stripping out food and fuel costs, will slow to 2.9 percent by next December from 5.1 percent today. That […]
A New Source of Economic Anxiety in Britain: Soaring Mortgage Rates
In June 2021, Monique Foulger reached a major milestone: At 30 years old, she bought her first home, a modest one-bedroom flat in Croydon in South London.Barely a year and […]