Receiving financial assistance with a down payment won’t increase the chances of a home owner defaulting on their mortgage, according to a new study. A new working paper prepared for the Center for Household Financial Stability at the Federal Reserve Bank of St. Louis examined the performance track record for loans made with some form of down-payment […]
GoPro Founder Nick Woodman Selling $20M Woodside Estate
The founder of GoPro, Nick Woodman, is having a go at selling his home in Woodside, CA. The farmhouse-style estate with resort-like amenities is available for $20 million. John Chiala/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images Woodman purchased the property for $12.5 million in 2011, and is seeking a decent return on his investment. It’s possible he could […]
How Much Home Can I Afford? Find That Magic Number Here
How much house can I afford? Long before you start asking yourself what type of house you want—condo or house? Craftsman or ranch?—you should ask yourself this pragmatic question. After all, it’s no secret that your dream home can quickly turn into a living nightmare if you’re struggling to save for a down payment or wonder how […]
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