Although mortgage interest remains at a record low and cheap homes remain on the market, a major shift is taking place in the US housing profile: more people are choosing to rent rather than buy dwellings. With rental occupancy rates soaring and rents rising in...
Government backed refinancing programs are being expanded for 2013, a move that’s expected to allow more mortgage holders to take advantage of low interest rates and more attractive terms. These new standards embrace a wider range of eligible loans and borrowers – and...
The term “mortgage backed securities” may be far from a household word (or three), but the movement of these securities plays a large role in the up or down swing of mortgage interest rates. The Federal Reserve has been making headlines in housing news for the past...
As part of its ongoing effort to sustain the US economy’s iffy economic rebound, the Federal Reserve has rolled out a new round of buying mortgage backed securities. This new initiative comes in addition to the Fed’s plan to continue its plan to buy $40 million in...
Even as the country continues to teeter on the fiscal cliff and the housing recovery exhibits a slow rebound, mortgage interest rates generally remain astonishingly low. Those low rates make current conditions ideal for getting started in rental property investing –...
We recently spotted Jason Hartman’s new puppy, Coco, hanging out in the educational products section at the office. Random coincidence, precognition, or just a great photo opportunity? Maybe all three, but the more important point is that the approach of 2013 is a...
Jason Hartman: Welcome to the Creating Wealth Show. This is your host Jason Hartman and this is episode number 286 and our guest today will be Sean O’Toole with Foreclosure Radar. I think you’ll find this to be a very insightful and interesting interview when our...
Soft descent or splat at the bottom of the ravine? With only a few days of 2012 remaining, the “fiscal cliff” of financial budget troubles remains unresolved, and, according to recent reports, is likely to stay that way, except for small adjustments that lawmakers can...
Where have all the houses gone? A recent article appearing on Inman News, a real estate and technology blog, reports that in November 2012, the number of existing houses for sale reached lows not seen for a decade or more. The tightening market for home purchases...
As year and analyses of the housing market’s performance in 2012 keep rolling in, along with numerous lists of trends for 2012 and beyond, the mixed messages from different areas of the housing market are enough to give an investor pause. Is the market improving? What...
