Tag Archives: Cnbc

Obama to push for reform of mortgage giants

The crux of his call, however, will be for more mortgage refinancing, which is, ironically, harder now that mortgage rates are rising. Rates are rising because the Federal Reserve is signaling that it will stop buying mortgage-backed securities now that … Continue reading

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Obama to push for housing reform of mortgage giants

The crux of his call, however, will be for more mortgage refinancing, which is, ironically, harder now that mortgage rates are rising. Rates are rising because the Federal Reserve is signaling that it will stop buying mortgage-backed securities now that … Continue reading

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Higher mortgage rates may mean easier credit

(Read more: Mortgage delinquencies suddenly spike) It is likely no coincidence that standards are easing as rates rise and mortgage applications fall. Total mortgage applications were down 47 percent last week from a year ago. Refinances, which had been the … Continue reading

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Investors are moving out of housing. Here’s why

First-time homebuyers could say the same. Usually about 40 to 45 percent of the market, they made up just 29 percent of buyers in June, according to the National Association of Realtors. A lack of supply has made the market … Continue reading

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The fastest way to triple your money is…housing?

Large-scale institutional investors have been swarming the distressed housing market since the height of the housing crash, buying homes in bulk, rehabilitating them and putting them up for rent. Companies like Blackstone, Colony Capital, Waypoint and hedge fund titan John … Continue reading

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