Hard money lenders count on big returns in the fix-and-flip trenches

Hard money lenders count on big returns in the fix-and-flip trenches

The interest rate on a conventional 30-year home mortgage currently hovers around 3%, while house-flipping investors can pay up to 10% for loans, with
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What Is Business Debt Consolidation and Is it Right for You?

Longer term – Do you have a home mortgage? Did you find it disheartening to compare the home purchase price with the actual loan repayment amount
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South Okanagan real estate turnover still low, but there are hopeful signs

Cruickshank is hopeful that the market is “picking up momentum” after some tough times during COVID-19. “The real estate services we offer our
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Manhattan real estate sales fall 84%

Manhattan real estate sales fall 84%. Only 160 contracts were signed in the New York borough in May — an 84% drop compared to 992 last year,
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Risky mortgages back 10 weeks after dramatic crash

Non-QM will help the Fannie Mae rejects. Several … Freddie Mac rate news: The 30-year fixed-rate averaged 3.18%, up 3 basis points from last week.
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CMHC tightens lending standards to protect housing market during COVID-19

OTTAWA — The Canada Mortgage and Housing Corporation is tightening its lending standards, making it tougher for Canadians to borrow money to
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Housing starts see a comeback, new listing declines slow down: Realtor.com Chief Economist

BRIAN SOZZI: There's some good news out of the housing market this morning. Realtor.com has released a brand new report showing housing is
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KeyBank Secures $67M Refinancing for Elkridge MF Property

Terms of the Freddie Mac loan included a 16-year term subsequent to a 10-year, interest-only period on a 30-year amortization schedule.
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Impac Mortgage restarts lending

Impac Mortgage restarts lending. Company has focused on de-risking its balance sheet and improving its cash reserves. June 4, 2020, 4:42 pm
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UFC 250 pre-event facts: Double champ Amanda Nunes looks to achieve more history

Nunes' seven victories in women's UFC title fights are most in company history. Nunes has defeated six fighters who once held an undisputed UFC
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Joel Ferber: New protections offered to tenants during coronavirus pandemic

Tenants can determine whether a landlord has federal financing through either Freddie Mac or Fannie Mae by searching for the address in freddiemac.
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Airline Miles Are Cheaper Than Ever—Should You Buy Them?

In many situations, such as flying first or business class on international partner airlines, the math has worked in favor of buying miles to book an
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COVID-19 Eviction Moratoriums: Need-To-Know Information for NC Landlords and Tenants

… by the CARES Act are those in properties with federally-backed mortgage loans such as, loans owned or securitized by Fannie Mac or Freddie Mac,
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FHA Reverses Current Policy on Mortgages in Forbearance

… announced a new, temporary policy that provides guidance for lenders to obtain FHA insurance endorsement on mortgages on a forbearance plan.
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Mortgage Rates Not Panicking Yet, But That Could Always Change

Mortgages are especially relevant though, considering they comprise a very large dollar amount of the debt that's bought and sold in the market every
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You can take a ride on a pirate ship to Mackinac Island

The Good Fortune pirate ship features a pilot house for the captain, eight usable water cannons and a bar. In addition, the ship features a signal
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How the COVID-19 pandemic impacted Winnipeg's real estate market

Catherine Schellenberg, president of WinnipegREALTORS, said in a news release the market activity at the beginning of May was impacted by the
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Here's when Apex Legends Season 5 will end

Say goodby to “Fortune's Favor.” Danny Paez. just now. Apex Legends Season 5 introduced the battle royale to its newest playable Legend, Loba,
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American Air's 74% Jump in Flying Signals Travel on the Mend

But based on current trends as encompassed by American's plans for July, the nadir may be in the rear-view mirror. The number of daily passengers
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Here Are Today's Best Mortgage & Refinance Rates for June 4, 2020

A homeowner with a $250,000 mortgage balance paying 3.82% on a 30-year loan could cut their monthly payment from $1,168 to $1,078 by financing
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