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Gwyneth Paltrow Buys a Fixer-Upper for $4.9M; Opens up About Split with Chris Martin

Gwyneth Paltrow has joined the growing list of celebrities who are into buying a fixer-upper, as she recently purchased a home in Santa Barbara, CA for $4.9 million. The 43-year-old actress also opened up on her divorce from Coldplay frontman, Chris Martin.

Bank's Losses Increase in Commercial Real Estate

The fourth quarter CRE loss rates, which is the annualized charges as a percentage of average loan balances, is now being reviewed by regulators recently. This is part of the oversight on financial institutions' activities that are related to commercial real estate loans. The oversight was instituted to prevent the market crash recently experienced by the real estate market.

Can You Get Away with Lying to Your Landlord?

A lot of millennials are attracted to renting a home over owning one because the former often entails lesser responsibilities than the latter. While such is the case and the landlord is usually the one responsible for the property, there are still a handful of duties and responsibilities that renters need to keep in mind. Can you get away with lying to your landlord?