Written by Investors, economists and observers expected an upbeat employment report today. They didn’t get it. Mortgage rates are likely to stop rising as a result, and they might fall. READ MORE »
Posts in category Mortgage Brokers
What to Know When You Sell Mortgage Notes
If you play the housing market right, you can make a lot of money in real estate. This can be done without even owning any property. READ MORE »
How Do You Buy Mortgage Note?
Mortgage notes are also known as private mortgages or hard money lending when personal money is used to purchase and financing a property. In return for doing this, you are going to receive principal monthly as well as interest payments until the note is paid in full. There are a few things to keep in mind when you are looking at buying mortgage note. READ MORE »
Cost of Seizing Fannie and Freddie Surges for Taxpayers
Fannie Mae and Freddie Mac took over a foreclosed home roughly every 90 seconds during the first three months of the year. They owned 163,828 houses at the end of March, a virtual city with more houses than Seattle. The mortgage finance companies, created by Congress to help Americans buy homes, have become two of the nation’s largest landlords. READ MORE »
Mortgage Bonds Booming
Residential mortgage bonds, the center of the financial crisis not long ago, are once again darlings of the financial market. READ MORE »