Leona Usaty
LA County Report, Housing Haunted by the Fed Reserve
“Good Morning! We are happy to share Los Angeles Housing Report with members twice a month. And our collective belief is that it will help you grow your business and make informed decisions.”
Leona. L. Usaty
Los Ang...
Robin Simon
What Are Current DSCR Loan Rates? Key Market Movers and How to Track Rates
Ever wondered how to track the market for mortgage rates, especially when it comes to Non-QM and DSCR Loans? Check out my latest article published here on BP!Thoughts/comments/feedback? Did I forget anything? let me...
Marita Jojo
Is it a good rate for a commercial property ?
I am buying a multiunit rental and the rate I am getting is “ the rate will be calculated 5 business days prior to closing and will be fixed for 5 years at a rate of 275 basis points over corresponding federal reserve...
John Wallace
Current DSCR rates? Who's got the best program?
Hi everyone. I'm hoping you can help me find some good DSCR lenders and give me an idea of the going rates? I was quoted 9.75% for a DSCR on a rental property recently. Is that average? High? Low?! As I am shopping, w...
Jack Pyle
The Fed lowered Rates by 1/2%!! Why aren't mortgage rates coming down.
Many people tend to think that the Federal Funds rate controls interest rates. The Federal Funds Rate is the overnight lending rate that Federal Reserve Banks charge each other for overnight lending. (We individual ...
Jason Malabute
The Feds Raises Interest Rates by .25% and Its Impact on Multifamily Investing
Yesterday, the Federal Reserve made the announcement that it would be increasing interest rates by 0.25%. The Federal Reserve's goal is to lower and stabilize inflation at 2%. This move was taken in an effort to contr...
Account Closed
One reason that banks aren't lending
I read an interested article:
http://needamortgageloan.wordpress.com/2011/05/25/would-you-pay-your-bank-to-not-make-you-a-loan/
Essentially banks have parked 1.2 trillion more in reserves than is required for balanc...
Deanne Bourne
Books to teach 12 year old about banking and business
I just learned about how the banking system moves money to and from the central (Federal Reserve) bank. (Which is not a related to the federal government at all). Is there a teenage level book that would teach this ...
Chris Seveney
Bank Cut Reserves to 0.
While I am not surprised rates were cut to zero - bank reserves were also cut to zero as well. For those that are not familiar with lending, a major component to the crisis a decade ago was banks had to liquidate asse...
Justin Hammerle
Have Interest Rates Finally Peaked?
The Fed increased its benchmark federal-funds rate again this Wednesday which will now range in the 5-5.25% representing a 16-year high. Some economists are claiming that this raise was already priced into current mo...