Loan Center

Real Estate Data to Dominate Wall St

Real Estate data and earnings from economic bellwether FedEx Corp. (NYSE:FDX) may offer investors some clues weethisk about the strength of the US recovery. Financial results from Oracle Corp. (NASDAQ:ORCL) and Nike Inc. (NYSE:NKE) and speeches from US Federal Reserve officials may also will be in the spotlight. US economic data released in the past week were mostly positive, [...]

Lowest Mortgage Rates Ever

Lowest Mortgage Rates Ever 30-yr US home mortgages below 4% for 1st time ever The average rate on the 30-yr fixed mortgage this week fell below 4% for the 1st time ever, to 3.94%. For those who can qualify, it’s an extraordinary opportunity to buy or refinance. And mortgage rates could fall even further now [...]

Low Interest Rates and Falling Prices in US Real Estate

The US rate for 30-yr fixed mortgages fell to 4.01% this week,a record low. A current home buyer could save tens of thousands, if not hundreds of thousands, of dollars in interest over 30 yrs compared to when rates were 7% or 8%, but almost no one who may buy a house really cares. The [...]

Everyloan Offers Construction Finance

Everyloan Offers Construction Finance Construction loans are story loans. That means that the lender has to know the story behind the planned construction before they’re willing to loan you money. Because it’s a story loan, it’s not going to be standardized like mortgage loans underwritten to Freddie Mac or Fannie Mae guidelines. That said, there [...]

Read More » No comment September 30, 2011

Investor Services

Private Equity Takes a Hit in Q1 2012

Most private-equity and hedge funds typically take 20 percent of investment gains as carried interest, on top of 2 percent of assets as a management fee to …