US Real Estate

Mortgage Rates May Slow New Sales

By Reno Charlton | January 17, 2011
Even slight increases in the 30 year mortgage interest rate may affect how home buyers perceive the market. Worse still, with budget belts so tight, even a few points can mean the difference between affordability and impossibility. Have we seen the last of super low interest rates? Some experts believe banks simply have to increase rates to survive.
US Real Estate

Big Banks Face Their Toughest Foes - Almost Everyone

By Phil Butler | January 13, 2011
Legislators are now being confronted not only by borrowers who say banks are to blame for their foreclosure situation, but investor groups who stand to regain billions. In Washington regulators stand poised to put the screws to the banking industry.
Brokerage, Featured News, Real Estate Resource

How Interest Rates are Determined for Mortgage Loans

By Khary Reynolds | January 4, 2011
Understanding interest rates, loan types, and the housing market in general can be a bit too much for the average person. Most people just want the American Dream and to know how much and when to pay. But this is one reason the country is in such a pickle where housing is concerned. RealtyBizNews presents another brief tutorial about the different types of loans, and who actually owns the paper on your house. Learn a bit more about who Freddie Mac and Fannie Mae are, for your own good.
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