Tag Archives: Owner Occupants

Rising Mortgage Rates Spook Housing

“Despite the Federal Reserve’s announcement last week that it would purchase an additional $45 billion in Treasury securities per month as part of its continuing quantitative easing effort, rates increased in the second half of the week,” said Mike Fratantoni, … Continue reading →

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New Push to Unload Bank-Owned Properties Squeezes Out Investors

Page 1 of 4 | Next PageShow Entire Article As big banks and Fannie Mae and Freddie Mac [ FMCC 0.373  +0.0145 (+4.04%) ] push foreclosures through the pipeline, the inventory of REO (bank-owned) properties is rising. That pushes distressed and … Continue reading →

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