Tag Archives: mortgage

Investors snap up cheap homes, new buyers miss out

In addition to the article I posted earlier this week “Housing start hit a four-month high in January” The following article shows that investors are purchasing property using cash purchasing property while first time buyers are down for January. The … Continue reading

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Parents who invest in a child’s mortgage

Article by Will Springer, Editor for msnbc.com Should parents help a family member pay for a new home? Financially and emotionally, it can be a great investment – but at what price? Getting a mortgage can be difficult in perfect … Continue reading

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Maryland Broker Pleads Guilty to Defrauding Lenders of More Than $1.4 Million

1/10/11 Article from NationalMortgageProfessional.com Douglas Skibicki of Bethesda, Md. has pled guilty to two counts of mail fraud in connection with a mortgage fraud scheme in which he defrauded lenders, family and others. The guilty plea was announced by United States … Continue reading

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When to pay points on a mortgage loan

Article from Massachusetts Real Estate News: When to pay points on a mortgage loan One of the more common questions a buyer will ask me is if they should pay points on their loan. My answer always is the same…IT … Continue reading

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Mortgage rates fall to another record low

Rates on 30-year mortgages fell this week to 4.19 percent, the lowest level in decades. They were pushed down by lower Treasury bond yields. Investors are buying up Treasury bonds in anticipation of a move by the Federal Reserve designed … Continue reading

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