Finance More Than 4 Properties With The 5-10 Properties Program
January 31, 2011
In February 2009, Fannie Mae approved investors to finance more than 4 properties at a time. Two years later, though, finding a bank that’ll do make that loan is tough. You have to search more directly.
The Fed’s Statement And What It Means For Mortgage Rates (January 26, 2011)
January 26, 2011
Since the FOMC’s last meeting in December, mortgage rates are up 0.875%. And, with the Fed calling for more inflation in 2011, mortgage rates will rise more. What the Fed said, and what to do with the information.
Foreclosure Distribution In The United States (2005-2010)
January 24, 2011
5 states accounted for 51 percent of 2010′s foreclosures, despite holding just a quarter of the population. Foreclosures are concentrated by geography and they’re selling for 15% off. If you’re in the market for “a good deal” — as an investor, first-timer, or move-up buyer — here’s a guide of where to shop.
Home Resales Blow Past Expectations; Put Talk Of “Double Dip” To Rest
January 21, 2011
All that talk about the federal home buyer tax credit “pulling sales forward” can be put to rest. Housing re-found its balance. Sales volume is surging.
Tax Deadline Moved To April 18, 2011; Homeowners Claiming Mortgage Interest Told Not To File
January 18, 2011
It’s officially Tax Season, but the IRS has barred 3 specific taxpayer classes from filing returns. One such group : Homeowners claiming mortgage interest.
Mortgage Rate Prediction For The Next 7 Days (January 13, 2011)
January 13, 2011
There’s two ways to play this market. You can (1) lock your mortgage rate now, or (2) wait to see if rates will start to fall again. The better course is the former. Rates won’t fall long-term.
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