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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Own vs. Rent Riles Government Housing Policy

Fannie Mae and Freddie Mac, the mortgage giants under government conservatorship, together owned 182,212 foreclosed properties as of the end of September. While they aggressively market and sell these homes to investors and owner-occupants alike, the numbers are still too … Continue reading

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Own Vs. Rent Riles Government Housing Policy

Fannie Mae and Freddie Mac, the mortgage giants under government conservatorship, together owned 182,212 foreclosed properties as of the end of September. While they aggressively market and sell these homes to investors and owner-occupants alike, the numbers are still too … Continue reading

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New Push to Unload Bank-Owned Properties Squeezes Out Investors

As big banks and Fannie Mae and Freddie Mac [FMCC  Loading...      ()   ] push foreclosures through the pipeline, the inventory of REO (bank-owned) properties is rising. That pushes distressed and overall home prices down. Note in California, … Continue reading

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