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Tag Archives | real estate news

Mortgage Rates at New Decade Low of 4.19 percent

By on October 16, 2010 in Mortgage Rate Watch, News

There is another surprise in the mortgage market this week. Rates drop to a low of 4.19 this week. We know this is a BIG surprise to many of you (hope you can sense the sarcism). Seriously, as many of you know, mortgage rates have been falling pretty steadily over the past few weeks and [...]

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U.S. Housing Crisis fulled by Racial Predatory Loans

By on October 5, 2010 in News

According to American Sociological Review, segregated minority communities received the bulk of predatory loans that lead to the housing crisis that we are currently facing. You might be thinking, what do they mean segregated minority communities, those were eliminated in the 1960′s, right? Wrong! All desegregation done was remove the law of segregation on the [...]

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Fannie Mae Increases Number of Mortgages: Real Estate Investors are Back in the Game

By on February 24, 2009 in How to invest in real estate, News

By Marla Barch, CMPS, America’s Mortgage Choice 773.617.2424 Chicago, IL – Fannie Mae, the mortgage giant currently under government control, has made a major change to their qualification guidelines, allowing real estate investors to get back into the game. A residential real estate purchaser can now qualify for up to ten (10) residential mortgages under [...]

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