Mortgage rate increases pull on multifamily investment outlook

Mortgage rate increases pull on multifamily investment outlook

Freddie Mac's Apartment Investment Market Index took a 7.1% hit over the last quarter as investors seem to be paying more per dollar of income for
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Geoff Palmer scores $114M refi for 3 properties in Canyon Country

Freddie Mac provided the 10-year, interest-only loan at a rate lower than 4 percent. Ory Schwartz at NorthMarq Capital arranged the financing, the
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Rising Mortgage Rates Impact Buying Power

Freddie Mac tracks 30-year fixed mortgage rates since 1971. In 1984, the annual average was 13.84%. Those rates certainly make today rates look
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New Residential readies its 1st non-QM resi mortgage bonds

And while New Penn has a history of originating prime jumbo loans – mortgages too big to qualify for financing from Fannie Mae or Freddie Mac – the
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First Foundation's $622 Million Securitization of Multifamily Loans

… of First Financial Inc., on its securitization of US $622 million of multifamily loans through a Freddie Mac sponsored “Q-deal” securitization. FFB also
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Housing Woes Lift Outlook for Apartment, Home-Rental Stocks

To that end, Freddie Mac said last week that about 78% of Americans view renting as more affordable than owning, a rise of 11 percentage points
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San Antonio Student Community Changes Hands

Walker & Dunlop provided a 10-year, $24.9 million Freddie Mac acquisition loan to the buyer. In January, Arrimus acquired a comparably sized luxury
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Cramer warns that a 5% mortgage rate is the 'line in the sand' before the economy really gets hurt

The 30-year fixed-rate mortgage rate was at 4.85 percent on Thursday, according to Freddie Mac, after spiking to 4.9 percent the prior week in the
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Mortgage Company Inks Suburban Philly HQ Lease

Gateway Mortgage Group has signed a lease for 4,500 square feet of space at Tequesta Properties' The Holtec Center in Marlton, N.J. The privately
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Shortage of inventory remains a drag on Wisconsin home sales

In the week ending Oct. 18, Freddie Mac found that the average 30-year fixed mortgage rate was 4.85 percent, with 0.5 points. That compared with
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Average mortgage on the market now costs £1000 – as prices hit highest level in 5 years

The average mortgage fee on the market has topped the £1,000 mark for the first time in more than five years as lenders battle to keep their rates
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Amari Cooper trade grade: Cowboys mortgage their future

Amari Cooper definitely gives the Cowboys an upgrade at the wide receiver position, but Dallas paid entirely too much to acquire him. Jon Gruden
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Northern Rock mortgages: Homeowners trapped on high interest rates

Mark and Lisa Elkins are being forced to sell the house they've lived in for 15 years. They took out a mortgage with Northern Rock back in 2003.
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Real Estate in Brief: Market insights, homebuilder leadership and more

The Federal Housing Finance Agency (FHFA), Freddie Mac, and Fannie Mae have announced the launch of Mortgage Translations. The three
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First Trust Mortgage Income Fund declares $0.06 dividend

First Trust Mortgage Income Fund (NYSE:FMY) declares $0.06/share monthly dividend, in line with previous. Forward yield 5.37%. Payable Nov.
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Mortgage Rates Little-Changed to Begin The Week

Mortgage rates didn't move much today. Lenders who made changes to Friday's rate sheets generally did so toward slightly higher rates. Actually
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Universal American Mortgage to pay $13.2m in False Claims Act settlement

Universal American Mortgage has entered a settlement under which it will pay $13.2 million to resolve allegations that it violated the False Claims Act
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Why rushing into cannabis and mortgage investment corporations may be a bad idea

The other area of concern for us is the mortgage investment corp. market, which is being portrayed as a safe investment offering a high single-digit
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Thousands of Halifax mortgage customers owed compensation for paying too much interest …

Halifax is offering thousands of mortgage customers £20 redress payments after finding they paid too much interest in errors going back as far as eight
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Can Freddie Mac (FMCC) Continue to Move Higher? Shares Climb 8.58%

Freddie Mac (FMCC) shares are showing positive momentum over the past week as the stock has clocked in with gains of 8.58%. In taking a look at
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