Blake LaRussa
Adjustable Rates vs. Fixed Rates
Hey everyone!
I have been on the search for a 5% down payment option that excludes paying PMI. I came across a 2.99% APR, 5% down option, with NO PMI through a local bank, however, it is an adjustable rate mortgage t...
RENEESH KOTTAKKALATHIL
ARM loan for investment property
Hello all,As mortgage rates are rising, is it a good idea to use an arm loan for an investment property? Please advise.
Account Closed
Foreclosures Jump In Austin, Miami, San Diego, And Seattle . . .
Foreclosures Jump In Austin, Miami, San Diego, And Seattle . . . Say What????According to ATTOM Data Solutions report, the hardest hit areas in January include Orlando, Florida (up 72% y/y); Austin, Texas (up 60% y/y...
Kolton Gutierrez
Adjusting locked in mortgage rate
Hey everyone, looking for some knowledge I locked in an interest rate recently and paid a point to bring it down. Since interest rates have dropped since locking in my rate can I get a rate drop or am I stuck with wha...
Jeremy G.
ARM Question
: I am on an adjustable-rate mortgage. Even though my interest rate is skyrocketing, I am still up-to-date in my payments. But recently, I noticed that my loan balance increased rather than having decreased. How did t...
Joey Bresette
ARM to Fixed Rate Mortgage
Hey Guys,
I'm currently getting my real estate license in California for when I go to school out there. I'm in the last section of the pre-licensure course going over adjustable-rate mortgages (ARM). In the explanati...
Nick Dunin
Found financing... now to find some deals
So I’ve been researching for the past while and finally got the ball rolling. I’m looking at doing brrrr strategy. I’ve spoken to a couple local banks to figure out financing options and I was surprised how investor...
Emily Smith
Today’s mortgage rates
Rates on 30-year mortgages rose for a third straight week, striking the highest level in eight months and the30-year, fixed-rate mortgages averaged 6.42 percent and the rates on 15-year, fixed-rate mortgages, a well-...
Christopher Perez
Real Estate & Lending Go Hand and Hand..same language not so much
Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
Soup Nikk
LP distributions paused - syndication
I’ve been invested in the Ashcroft syndication fund since 2021. The GPs recently paused the class B distributions on account of high debt service fees and obligation. They had purchased rate caps and that helped pay f...