NEW YORK (TheStreet) — Blackstone Mortgage Trust Inc. stock is climbing higher by 5.79% to $29.78 on heavy volume in late morning trading on Friday, after the real estate finance company announced that it has signed a definitive agreement to acquire a $4.6 billion commercial mortgage loan portfolio from GE Capital Real Estate. The company said the purchase is part of a larger $23 billion …
The 30-year fixed-rate average declined from 3.70 last week to 3.66, its lowest level since the first half of Feb 2015.
Here are some pointers on how to increase your chances with mortgage lenders if you have a black mark on your credit record.
First Financial seems to be on an acquisition spree. The company has announced an asset purchase agreement with 4Trust Mortgage for $1.9 million in cash.
First Financial seems to be on an acquisition spree. The company has announced an asset purchase agreement with 4Trust Mortgage for $1.9 million in cash.
Berkadia, an industry-leading commercial real estate company, today announced the expansion of its mortgage banking team in Bethesda, Maryland, effective immediately. J. Tyler Blue, Andrew Coleman, Ted Hermes and Paul Wallace join the Bethesda office as managing directors.
WASHINGTON (AP) — Average long-term U.S. mortgage rates declined this week, approaching historically low levels with the spring home-buying season underway.
Fixed mortgage rates moved lower this week on news of weakness in the labor markets, with Freddie Mac saying lenders were offering conventional 30-year loans at an average of 3.66%, down from last week’s 3.7%
Some financial experts say racing to retire “mortgage-free” isn't always the best strategy.
Rates on home loans fell heading into the spring home-buying season.