Hub News

Westpac Plans to Raise Home Loan Interest Rates

In an effort to protect against future financial crises, Westpac is planning to raise home loan interest rates. Starting in the middle of next month, the variable rate mortgage loans for owner occupiers and property investors will rise by 20

Interest in Charter Schools Growing Among Real Estate Investors

As state and local governments in crease spending on charter schools, more and more real estate investors are becoming interested. Charter schools, while often operated by nonprofit organizations, often rent and buy buildings from private real estate companies. Many real

Are Chip-Enabled Credit Cards Really Safe?

EMV technology is just being introduced in the U.S., but the FBI wants to stress that consumers could still be susceptible to criminals. Chip-enabled cards do offer an edge over older cards, but there are still ways that criminals can

New Rules Will Protect Home Buyers From Last Minute Surprises

New rules are going into effect that will help make the process of buying a home an easier experience. The rules will give home buyers access to standardized forms, which will make it easier to understand interest rates, what home

Real Estate Company Building Luxury Private Islands

Luxury real estate developer OQYANA Real Estate and Amillarah Private Islands are collaborating to create 33 floating islands in Dubai. Paul Van de Camp, the CEO of Dutch Docklands says the project is one of a kind and that they are

Real Estate Agents Are Jumping Ship and Becoming Free Agents

More and more real estate agents are switching brokerage firms to pursue better deals and commissions. “There’s not a lot of brand loyalty,” said Billy Rose, an agent and co-founder of the Agency in Beverly Hills, CA. “A lot of

Realtor.com Reveals Top 5 Factors in 2015 Real Estate Sales

On Thursday, Realtor.com released a new report detailing the top five reasons individuals and families purchased homes in 2015. According to the site, many homeowners simply grew tired of their current digs and craved a change of scenery. For others,

Manhattan Real Estate Hits New Price Record

The square-foot price of real estate in Manhattan hit a record high in the third quarter of 2015, rising to $1,497. According to a report released by Douglas Elliman on Thursday, in addition to rising prices, New York City is

Crowdfunding in Real Estate ‘Absolutely Catching On’

With the rise of websites like Kickstarter and GoFundMe, crowdfunding has become a major part of all areas of investment – including real estate. According to CNBC, platforms like Realty Mogul, Property Moose and Fundrise globally raised over $1 billion

Prepayment Penalties Demystified

Perhaps you received an inheritance and want to pay off your mortgage. Or maybe you cleaned up your credit and want to refinance a not-so-favorable loan. These sound like easy adjustments, right? Well, that depends. Prepaying your loan could cost

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