Category: Think Pieces
USA U.S. mortgage rates rose to 6.32% for a 30-year fixed loan, the biggest increase since April. Freddie Mac’s economist noted that the rise reflects economic strength, despite higher rates making affordability tougher. While some buyers may hesitate, others are advised to act now since lower rates may not return soon. Melissa Cohn suggests focusing…
USA The Federal Reserve’s 50 basis point rate cut on September 18, 2024, is expected to lower borrowing costs, providing relief for homebuyers and investors. Mortgage rates may decrease, spurring demand for housing in regions such as the Northeast and Midwest. However, affordability concerns remain in areas like Florida, where rising insurance costs continue to…
It’s been a hectic week with several conferences in town and F1 next week. As we are all waiting for the Fed’s decision this week, I wanted to update everyone on a new loan program that has been very popular since we launched it. Did you know you can qualify for a U.S. mortgage by…
USA Goldman Sachs predicts U.S. home prices will rise by over 4% in 2024, driven by falling mortgage rates and steady demand. Strong price growth is expected in areas like the Midwest, Northeast (New York, Boston), and parts of California (especially San Diego and San Jose). However, regions like Florida, hit hard by affordability issues…
Expect Market Weakness in September On September 16th, the U.S. corporate tax deadline hits, along with non-withheld personal taxes due mid-September. September is typically a seasonally weak month in the markets, and with potential tax-related liquidity drains of up to $500M, we can expect some market weakness this month. It is prudent to think long-term…
GMG | Investor [Super rare] Newly-constructed multi-family unit in Los Angeles with a 6.8% cap rate! 4 Units x 5 bedrooms + 5 bathrooms + attached garage (total 20 bedrooms!). Approximate Lot Size: 7,499 sq. ft. Year Built: 2024 The property will be delivered with a 5-year master lease with government-assisted transitional housing organization. Located…
Catherine Chan, Chief Development Officer of Hotel101 Global Pte. Ltd., and Jane Wang, Director of Sales & Strategic Partnerships APAC, along with Donald Klip, Co-founder of Global Mortgage Group, provided valuable insights in this webinar, which highlights the exciting investment opportunities available through Hotel101. The session explored why investing in a hotel unit with Hotel101…
We’ve just secured a new listing today—a perfect opportunity in Los Angeles! This new construction property boasts a cap rate exceeding 6.8% and includes a five-year master lease signed with the city. Located less than a mile from one of the largest hospitals in LA and the USC Health Sciences Campus, it offers substantial potential.…
Housekeeping – Watch our recent discussion on big cuts in our mortgage rates. Also, sign up for an interview I am hosting tomorrow with Hotel 101, an investment opportunity to own a hotel room in Niseko and Madrid. A cut in the Fed Funds rate is nearly 100% expected now, and the discussion is if the cut is 50…
Global Mortgage Group Pte. Ltd. is the world's leading international mortgage specialist. Based in Singapore with offices and partnerships across the globe, we connect our international clients to our network of lenders around the world. GMG offers financing solutions in the United States, Canada, Latin America, United Kingdom, Europe, Middle East, and Asia-Pacific.