Hub News

Austin Voted Best City for Millennial Homebuyers

Austin, Texas, was voted the top U.S. city for millennial homebuyers by CNN. Austin is home to the South by Southwest (SXSW) festival and boasts a median home price of $226,000. The city’s 4.2 percent job growth ensures lots of

Many Young Adults Living at Home

Since the start of the housing crisis, more and more young adults continue to live at home with their parents, citing financial reasons. Between 1990 and 2006, the number of young adults living at home averaged 27 percent. In 2013,

Signing Your Mortgage Docs: Don’t Be Afraid to Ask Questions

Filling out loan documents is a long and complicated process, and you’ll be asked to sign lots of documents that you may not fully understand. If this happens to you, don’t be afraid to ask questions. The complexity of the

Twitter’s NYC Headquarters Sell for $335 Million

The two-building complex that is home to Twitter Inc.’s New York City headquarters was sold to publicly traded landlord New York REIT, Inc., on Thursday for $335 million. The price works out to about $1,188 per square foot. The property

Refinancing Boom Comes to an End

Freddie Mac officially declared this week that the refinancing boom is over. They called the official end “when the share of mortgages originated for refinancing fell below 50 percent for the first time since the third quarter of 2008,” according

Homeownership at 19-Year Low

As the second quarter of 2014 comes to an end, homeownership is at a 19-year low, falling to 64.8 percent. That is down .1 percent from the first quarter of this year, and .3 points lower than it was this

Mutli-Million Dollar Mortgages Seeing a Surge

While many first-time home buyers are struggling to get approved for modest-sized mortgages, banks are seeing a major increase in the number of multi-million dollar loan requests coming through their doors. “High-net-worth borrowers don’t have to borrow,” Bank of New

Mortgage is Cheapest Way to Borrow

No one loves carrying debt, but if you have to do it, a mortgage is usually one of the cheapest ways to go about it. Especially now with interest rates at historical lows, plus the fact that any interest incurred

Zillow and Trulia Rumored to Merge

Online house hunting sites Zillow and Trulia may be pairing up, which would create one giant listing site of homes for sale and could potentially make real estate brokers irrelevant. News of the rumors sent stocks for both sites soaring

Don’t Be Afraid to Shop for Lenders

To ensure the best rate and the best home buying experience, it is important to shop around for the right lender. The best approach is to find several options and provide all of them with the same pertinent financial information.

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