Written by For years, Richard MacDonald’s investments with Financial Resources Mortgage in Meredith seemed like a sure thing. His deposits, which totaled more than $1 million, helped finance building projects across Northern New England. Interest checks arrived in the mail every month. And MacDonald felt secure knowing the construction sites were within an hour or two of his Boston home. READ MORE »
Posts tagged mortgage
Jobs report might help mortgage rates
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 »
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 »
Treasury 30-Year Yield Near Week Low as Buyers Seek Longer Debt
Treasury 30-year yields were near the lowest level in a week as investors sought longer maturities because they offer more yield than shorter ones. 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 »