I admit that I am sort of frozen right now in my REI. Maybe I am too fearful but I don't see anybody on these boards talking about the credit crunch much and how it will effect their ability to resell the homes they ...
Hey Everyone! First post. I'm super new to the real estate world so please forgive my ignorance.
So I just started working for my parent's property management firm and things seem to be done super mom and pop style ...
Well, no, the fed cut the fed funds rate which is the rate that big banks lend money to each overnight. Therefore, the Fed decides what the shortest-term loan cost will be. The market decides what every other interes...
So... a CFL being a Mortgage Banker offering the rates of that specific bank...and a Mortgage Broker being someone that shops for the best rate...that being said...if I am correct...what has been the difference in per...
I'm wondering what investors are doing right now regarding interest rate terms. Example; 3 year is a bit less than 5 year. I'm wondering the risk/reward of locking in the lower rate for 3 years vs. 5 year if the diff...
Question....with rates where they are...and where they are headed for that matter...anyone doing a sub to deal...is anyone experiencing a lender exercising the due on sale clause...I mention rates because, why would a...
Rookie Investor from MA looking to buy in May.What is the process for buying a house through FHA and moving out to rent the property full time?I know I’m required to live in it for 1 year etc. but when I move out does...
Hey everyone I wanted insight to see if anyone had dealt with this or had heard of this. I am closing on a SFH tomorrow and my HML calls me today and says since there is no leases signed for the property I am buying t...
Hello,I came across an inteating article about Mortgage porting in Canada and found it very interesting. Is Mortgage porting possible here in the US? I.e Is it possible to transport my current conventional mortgage to...
Dear all:The yield curve has inverted today. Typically it is viewed as a countdown to a recession.Are you guys still as active as you were a few years ago?I have been looking in Phoenix and people are paying over ask ...