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We provide the latest mortgage news headlines. Furthermore, our articles and posts highlight the latest developments in the refinance mortgage. Learn about the latest mortgages and loan opportunities and find the lowest mortgage rates. How do I refinance my mortgage? Learn todays best mortgage refinance rate quotes to find the answer.

Stella McCartney’s Notting Hill Home: ‘Blah and Bland’?

Stella McCartney, the daughter of Beatles great Paul McCartney, is famous for her sense of style. In fact, the fashion bigwig’s company designed the gear of Team Great Britain for the Olympics, according to Time magazine.That makes the attention her London townhouse has recently received somewhat ironic: The apartment has taken heat for being rather dull. One commenter claimed it was “blah and bland,” according to The Daily Mail.

What to do and what to avoid when hanging curtains

Curtains have a double function. Besides their ability to offer protection and shade during the sunny summer days and mornings, they also have a decorative function. The curtains can really change the aspect of a room. They are often used to add color and texture to a certain space. This means you have to be extra careful when choosing the fabric, texture and color. Here are a few do’s and don’ts.

Disclosing Crime That Occurs on Your Rental Property

Crime happens—even in the nicest apartment complexes and neighborhoods. Despite landlords’ and property managers’ efforts to deter criminal activity, tenants can still become victims of random or targeted crimes. So, what should you do if a crime does occur on or near your property? Is it your obligation to disclose the information to tenants?

Hersha Hospitality Reaches Agreement to Acquire Hilton Garden Inn in Midtown

NEW YORK—Hersha Hospitality Trust, based in Philadelphia, has entered into a purchase and sale agreement to acquire the 205-room Hilton Garden Inn in New York City located at 52nd Street for total consideration of $74 million.

The transaction is expected to close after the developer completes construction in the fourth quarter of 2013.

Vacation Rentals Looking Up

If you own rental property in vacation areas, or a second home that you rent out, things may be looking up. According to a report from HomeAway, an online vacation rental site, 72% of vacation rental owners in markets where summer is considered peak season reported summer occupancy rates of 76% or higher. That’s an increase of 8% over the summer of 2011.

Mortgages Slow Despite Rate Drop

A drop in mortgage rates did little to slow another decline in mortgage applications for the second straight week, according to the Mortgage Bankers Association Home loan applications fell as interest borrowing rates on the 30-year fixed rate mortgage decreased to an average of 3.80% on fully executed mortgages.

Mortgages Drop as Loan Interest Ebbs

Mortgage activity dropped for the second week in a row as mortgage rates rose driven by a strong hike in U.S. Treasury yields. Bond rates have been rising for one straight week,pushing mortgage rates higher.  The Mortgage Bankers Association market composite index on loan applications fell 4.5% on a seasonally adjusted basis from one week earlier. A slowdown in refinances of 5% pushed by a hike in mortgage rates led the drop-off.

Formal Foreclosures Fall 21 Straight Months

Formal foreclosures fell for the 21st straight month in July as repossessions on U.S. residential properties ran into additional snags. Lenders completed 53,654 foreclosures during the month,a 1% fall from June and a 21% drop from a year ago, according to RealtyTrac. Bank owned REO activity also fell on an annualized basis in 38 states and the District of Columbia. Some of the biggest drops in foreclosed property sales were in many of the hardest hit states, including Nevada, Virginia, California and Georgia, all of which are non-judicial foreclosure states.

Mortgage Rates Claim Another Record

Driven by record low mortgage rates, the U.S. housing market is beginning to show signs of improvement as consumers search for discount priced homes. The 30-year fixed rate loan, 15-year fixed mortgage and the 5-year ARM all hit new all-time record lows this week to push hesitant buyers off the fence. The benchmark rate, the 30-year fixed fell three basis points to reach an average of 3.53%, according to the Freddie Mac survey. The mortgage has been below 4.00% all but one week for all of 2012.

New Home Sales Jump

Single family new homes sales rose 7.6% in May to a seasonally adjusted rate of 369,000 units, according to the U.S. Census Bureau. The data reflects the first jump in actual new home sales in three months after disappointing spring home sales soured home builders. The Northeast and South posted a solid jump in sales for the month, with the Northeastern corridor experiencing a 36.7% hike in sales during the month. Sales elsewhere through the nation were inconsistent but still showed growing strength above the past two months.