Listing your place on Airbnb can land you in trouble with your mortgage lender [Toronto Globe and Mail (Ontario, Canada)]
First National Corporation (FXNC)
NASDAQ:AMEX Investor Relations:
ir.fbvirginia.com
Company Research
Source: Toronto Globe and Mail
Listing your place on Airbnb can land you in trouble with your mortgage lender For homeowners, a property capable of generating some rental income can be an enticing feature when it comes time to list for sale. But as more people have turned to short-term rental services such as Airbnb to generate that income, they may not be aware that there are potential downsides to that association for all parties involved. As Toronto’s housing costs have cruised ever-upward over the past 2 years, more and more homeowners have turned to spare rooms, secondary suites and basement apartments to generate rental income from properties they own. While traditional long-term rental income is well understood by lenders, they are still far more leery of short-term operations. “There are many lenders who reject mortgaging Airbnb rentals altogether: MCAP, First National, several banks we deal with are not interested in considering any rentals where there is Airbnb income,” said Ron Butler, a mortgage broker
Show less
Read more
Impact Snapshot
Event Time:
FXNC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FXNC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FXNC alerts
High impacting First National Corporation news events
Weekly update
A roundup of the hottest topics
FXNC
News
- 3 TSX Growth Companies With Insider Ownership Up To 38% [Yahoo! Finance]Yahoo! Finance
- FIRST NATIONAL FINANCIAL CORPORATION ANNOUNCES DECEMBER DIVIDEND INFORMATION [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- First National Co. (NASDAQ: FXNC) was downgraded by analysts at Janney Montgomery Scott from a "buy" rating to a "neutral" rating.MarketBeat
- Invest $500 Per Month to Create $335 in Passive Income in 2025 [Yahoo! Finance Canada]Yahoo! Finance Canada
- 3 US Stocks Estimated To Be Trading At Discounts Of Up To 39.3% [Yahoo! Finance]Yahoo! Finance
FXNC
Earnings
- 11/1/24 - Miss
FXNC
Sec Filings
- 12/18/24 - Form 4
- 12/17/24 - Form SC
- 12/17/24 - Form 4
- FXNC's page on the SEC website