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So miss your subprime mortgage payment, perhaps the lender should remotely lock you out? Turn off your DirecTV? Cut off your Verizon WiFi? Set your thermostat for 95 degrees? -- Trey Garrison in HousingWire http://www.housingwire.com/blogs/1-rewired/post/31486-can-you-lojack-a-house-with-a-delinquent-subprime-mortgage
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Shared by Uros Kralj taken by Aleksandra Ikkonen, Siberia
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The mortgage delinquency rate jumped nearly 5% in August, reaching its highest point since February, the Data and Analytics division of Black Knight Financial Servicesreported in its “first look” at August 2014. -- Trey Garrison in HousingWire http://www.housingwire.com/articles/31474-black-knight-delinquency-rate-jumps-almost-5-to-highest-since-february
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One of Arkansas’ top real estate agents has been missing since Thursday, after going to meet with an unknown person at a home on Old River Road in Scott, Arkansas. -- Trey Garrison in HousingWire http://www.housingwire.com/articles/31502-arkansas-real-estate-agent-disappears-under-suspicious-circumstances
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Shared by Gia Huy Au Duoung, Hokkaido Japan at Night
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Matt Martin Real Estate Management is sounding the alarm that a recent decision by the Nevada Supreme Court could substantially impact the security of first mortgage lien holders.
The court upheld a law that allows homeowner's associations to foreclose on homes ahead of first mortgage providers, solidifying “super lien” priority for HOA claims in Nevada. -- Trey Garrison in HousingWire http://www.housingwire.com/articles/31487-nevada-supreme-court-ruling-could-jeopardize-first-mortgage-liens
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30 Year Fixed: 4.125%
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APR 4.314%
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15 Year Fixed: 3.250%
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APR 3.438%
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7/1 ARM: 3.125%
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APR 3.531%
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5/1 ARM: 2.875%
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APR 3.465%
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FHA 30 Year Fixed: 3.750%
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APR 5.423%
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Jumbo 30 Year Fixed: 3.875%
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APR 4.052%
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Jumbo 15 Year Fixed: 3.375%
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APR 3.540%
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Jumbo 7 year ARM: 3.125%
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APR 3.526%
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Jumbo 5 year ARM: 2.875%
Sam Thompson for NorthPoint Mortgage
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APR 3.412%
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Shared and taken by Mike Wilson, Seattle Underground:
In 1889, the Great Seattle Fire spread through most of Seattle, destroying the bulk of its business district. While the devastation was severe, rebuilding presented the city with a unique opportunity to improve upon itself. Being that the Pioneer Square area was built upon tidelands, it often flooded. So when it was rebuilt, city officials decided to build it on a more elevated level than its previous incarnation.
Unfortunately, restless business owners began rebuilding before the city had a chance to start their elevated renovations. And the owners were building at the old street level.
It was decided to build the city up without shutting down what lay below. This meant that some sidewalks and storefronts were as deep as 36 feet beneath a newer, higher version of the neighborhood upon completion. By building up brick and wooden walls to elevate the street level, Seattle had created a bona fide underground city. Visitors climbed ladders down to the lower level streets and stores, until a series of entrances was built to grant access to the subterranean section of town. The city eventually condemned the underground city on the grounds that it seemed like a breeding pit for any number of diseases, particularly bubonic plague, which had been sweeping the city. For decades, the underground has sat unused, just beneath the surface of the very much active Pioneer Square.
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