Contrary to what most people believe, you don’t have to amass a great fortune to start investing in real estate. In fact, there are lots of investors who started out in the business without needing a huge investment capital. This is the reason why real estate investing has become a huge hit among those who want to gain financial freedom because you can start generating profits using other people’s money. READ MORE »
Posts tagged real estate
Home Prices in 20 U.S. Cities Rose More Than Forecast
Home prices in 20 U.S. cities rose more than forecast in May from a year earlier as a government tax credit temporarily underpinned sales. READ MORE »
Fannie Mae portfolio grows, delinquencies decline
Fannie Mae portfolio grows, delinquencies decline
Fannie Mae (FNMA.OB) expanded it mortgage portfolio in June, while the rate of late payments on loans it guarantees fell in May, the largest U.S. home loan purchaser said on Friday. READ MORE »
Consumer Credit in U.S. Fell $3.6 Billion in July, Fed Says
Consumer borrowing in the U.S. declined for a sixth straight month in July, indicating Americans are reluctant to take on more debt without faster job growth. READ MORE »
Freddie: Mortgage Delinquencies Continued To Ease In August
Mortgage delinquencies on single-family homes eased in August from a month earlier, though they remained above prior-year levels, according to Freddie Mac (FMCC). READ MORE »