Refinance volume is only a fraction of what it was three years ago when mortgage rates plummeted to historic lows, but borrowers have returned in greater numbers this year. Recent data from... Read more »
Remember the days of 3% mortgage rates? As a relieved nation emerged from the Covid-19 pandemic in 2021, along with it came those historically low average mortgage rates below 5.00%, 4.00% or... Read more »
Panku, a real estate development firm run by Alex Wang, has refinanced an apartment complex in Irvine — the first project the company completed. Western & Southern Life Assurance provided a five-year,... Read more »
Not all office buildings have trouble finding new money. The California State Teachers’ Retirement System has scored a $70 million loan to refinance its 337,400-square-foot office building at 11755 Wilshire Boulevard, according... Read more »