Builder confidence holds ahead of Trump… Homeowners could save $446 from MI reduction… Mortgage applications up slightly… Real estate trio eyes TV opportunity…
Good relationships with real estate agents are among the most valuable assets of any mortgage broker’s business. But how do you make yourself valuable to them in turn?
Profits at Fannie Mae, a government-sponsored entity (GSE) dedicated to guaranteeing mortgages originated in the United States, have been very positive lately. Instead of reinvesting or distributing the profits among Wall Street investors, however, Fannie Mae will be transferring dividends to the U.S. Treasury.
Jumbo mortgages are traditionally associated with luxury homes and other residential properties typically located in neighborhoods where higher costs of living tend to keep middle and working class house hunters away.
An "option agreement" is a contract used in real estate investing that gives you the right to purchase a property for an agreed upon price up to a certain time frame.
California-based lender saw first quarter 2013 mortgage loan originations soar 85% higher than originations during first quarter 2012.
(CNBC) Applications for U.S. home mortgages rose last week, fueled by demand for refinancing as interest rates fell to the lowest level of the year, data from an industry group showed on Wednesday.
Freddie Mac, the U.S.-owned mortgage- finance company, will pay $7 billion to the Treasury Department after reporting the second-largest quarterly net income in the company’s history.