It is possible for those new to the US to purchase property with a mortgage loan. These programs are designed for borrowers without documentation and works for those with money oversease. Prospective borrowers interested in this program will need a [...]
"GSE Seller Buybacks Tumbled to Record Low in 4Q16
Fannie Mae and Freddie Mac reported record lows in the volume of mortgages that sellers repurchased during the fourth quarter of 2016 because of manufacturing defects, an exclusive new Inside [...]
In the 3rd Quarter of 2016 Cash-Out Refis Reached 42% of All Refis, Up from a Low of 12% in 2012*
The Above Statement, However, By Itself, May Be Misleading.
More recently, interest rates have been above the lows reached last year.
Refis tend [...]