Mortgage Rates Hit Record Low

Posted on March 29th, 2009 by GA R.E. Investing

If you have been waiting for the best time to buy a home or residential investment property, you better start thinking about moving forward.  Recently activity has increased and mortage rates are at record lows.
For the full article on mortgage rates hitting the record low, please click here.

Filed under: Benefits of Owning Property, Financing, Investment Property | No Comments »

Fed Buying Mortgage Bonds… Reducing Mortgage Rates

Posted on November 25th, 2008 by GA R.E. Investing

The mortgage industry received some very big news today with the announcement that the Federal Reserve would purchase up to $600 billion of debt to boost the mortgage bond market.  The Fed pledged to buy $500 billion of mortgage-backed securities (MBS) and $100 billion in direct debt of Fannie Mae and Freddie Mac.
The move had an immediate impact, [...]

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Pricing Changes from Fannie Mae and Freddie Mac on Investment Property Mortgages

Posted on September 16th, 2008 by GA R.E. Investing

This “heads up” is courtesy of Tenley Stephens, Vice President, SunTrust Mortgage, Inc.
Fannie Mae and Freddie Mac have now increased the minimum discount points required for investment property mortgages.
LTV’s of 75% or less: 1.75% in Discount Points
LTV’s or 75.01% – 80.0%: 3.00% in Discount Points
LTV’s of 80.01 – 90.0%: 3.75% in Discount Points
Lender’s can charge a higher [...]

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