Billionaire money manager, John Paulson was interviewed at the Delivering Alpha Conference presented by CNBC and Institutional Investor. During his session he boldly stated: “I still think, from an individual perspective, the best deal investment you can make is to buy a primary residence that you’re the owner-occupier of.” Who is ...
Continue ReadingWhat Do You Actually Need to Qualify for a Mortgage? Fannie Mae recently released their “What do consumers know about the Mortgage Qualification Criteria?” Study. The study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home. Here are three takeaways: 59% ...
Continue ReadingWhy Are Mortgage Interest Rates Increasing? According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed rate mortgage interest rate jumped up to 3.94% a couple of weeks ago. Interest rates had been hovering around 3.5% since June, and many are wondering why there has been such a ...
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