March 29, 2024
Mortgage

BrightSpire Capital (NYSE:BRSP) vs. New York Mortgage Trust (NASDAQ:NYMTN) Financial Review

BrightSpire Capital (NYSE:BRSP – Get Free Report) and New York Mortgage Trust (NASDAQ:NYMTN – Get Free Report) are both real estate companies, but which is the superior business? We will compare the two businesses based on the strength of their earnings, dividends, risk, institutional ownership, profitability, analyst recommendations and valuation. Dividends BrightSpire Capital pays an

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Mortgage

How Will the Election Affect Mortgage Rates?

NoDerog / Getty Images/iStockphoto It’s no secret that mortgage rates have been ballooning lately, affecting both homebuyers and sellers — many of whom feel locked in by the lower rates they secured a few years ago. In turn, the dearth of inventory is putting pressure on home prices, leaving many would-be buyers on the sidelines.

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Mortgage

What You Should Know — TradingView News

Invesco Mortgage Capital IVR closed at $9.68 in the latest trading session, marking a +1.47% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 0.11% for the day. At the same time, the Dow added 0.12%, and the tech-heavy Nasdaq lost 0.12%. The the stock of real estate

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Mortgage

California mortgage relief program running low on funding

The state of California is maintaining its mortgage relief program funded by the 2021 American Rescue Plan, which includes assistance for reverse mortgage borrowers. But the funding is running low and could soon be exhausted soon, according to estimates from state housing officials as reported by the Los Angeles Times. After extending availability for the

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Mortgage

Self-made real estate millionaire Barbara Corcoran says home prices could go up 10% if mortgage rates dip

Barbara Corcoran has said it before, and she’ll probably say it again: when mortgage rates fall, home prices will rise. “If rates go down just another percentage point…prices are going to go through the roof,” the self-made real estate millionaire and Shark Tank star told Fox Business yesterday.  The average 30-year fixed mortgage rate is

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Mortgage

United Federal Credit Union names new Mortgage Advisor in Grand Rapids

United Federal Credit Union names new Mortgage Advisor in Grand Rapids GRAND RAPIDS, MICH (March 28, 2024) — United Federal Credit Union (United) is pleased to announce the appointment of Jeff Guion to Mortgage Advisor in Grand Rapids. Guion is based at United’s Grand Rapids Mortgage Production office located at 1600 East Beltline Ave. Suite 111. Guion

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Mortgage

Why has a £50bn US hedge fund become Scottish Mortgage’s biggest shareholder?

At £12.3bn, the UK’s largest investment company Scottish Mortgage Investment Trust may have been on a rollercoaster over the past few years, with the economic downturn and rally in technology stocks. But following a period of underperformance, the fund has recently drawn the attention of US hedge fund Elliott Advisors, which, it has emerged, took a 5 per cent stake,

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Mortgage

Firm Capital Mortgage Investment (OTCMKTS:FCMGF) Stock Price Up 0.7%

Firm Capital Mortgage Investment Co. (OTCMKTS:FCMGF – Get Free Report)’s share price shot up 0.7% during mid-day trading on Wednesday . The stock traded as high as $8.43 and last traded at $8.43. 321 shares changed hands during trading, a decline of 21% from the average session volume of 404 shares. The stock had previously

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Mortgage

Is Invesco Mortgage Capital Inc (IVR) Stock a Bad Value?

News Home Wednesday, March 27, 2024 10:59 AM | InvestorsObserver Analysts Mentioned in this article Invesco Mortgage Capital Inc (IVR) stock has fallen -9.18% over the last 12 months, and the average rating from Wall Street analysts is a Hold. InvestorsObserver’s proprietary ranking system, gives IVR stock a score of 26 out of a possible

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Mortgage

Mortgage Applications Dipped Last Week Despite Dip Rates

Mortgage application volume decreased 0.7% during the week ended March 22, despite a slight decrease in mortgage rates that brought the average rate for a 30-year to 6.93%, down from 6.97% the previous week, according to the Mortgage Bankers Association’s (MBA) Weekly Applications Survey. Applications for refinances fell 2% compared

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