Last week, mortgage rates ended up slightly with the 30 year fixed mortgage rates up 6 basis points to 6.39% and the 15 year fixed rate mortgage up 9 basis points to 5.95%.  Some stability is coming back to the market and many believe that US interest rates will be going up to help curtail […]

While the solvency of mortgage bond originators and large holders is/has been called into question lately, it seems as if the mortgage bond market is beginning to shore up.  This is a good sign for real estate investors and with some confirmation may signify the overall bottom in the macro real estate markets.  The well […]

So Uncle Sam is going to move to save Fannie Mae and Freddie Mac.  Super, sounds like another instance of an “avoided failure” among financial institutions.  But everyone seems to be wondering, isn’t failure supposed to happen in market economies?  Something of a moral hazard issue.
At least that’s what we hear.  In general, despite being […]