The nation’s two biggest mortgage lenders, Fannie Mae and Freddie Mac, will now be able to retain a larger share of their profits as the United States looks to transition them into private control. The Treasury Department and Federal Housing Finance Agency announced Monday that a new letter of agreement aims to boost the capital […]
low mortgage rates across the United States
With mortgage rates fluctuating in an enticingly low range over the past year, it’s natural for many aspiring buyers to consider jumping at the opportunity while it’s there. A 3.6% interest rate on a 30-year fixed rate mortgage carries a lot of appeal, but it shouldn’t cloud a buyer’s judgment when reviewing the fundamental reasons […]
Low mortgage rates in the United States are finally beginning to drive price increases in the housing market. It’s a trend some analysts believe is going to pick up steam over the next year. For months, the low 30-year fixed mortgage rate (now hovering between 3.5% and 3.6%) has been encouraging a boom in refinance […]
As 30-year fixed mortgage rates continue to plummet in the United States, many existing homeowners are taking advantage of the trend by joining the wave of refinancing. Even with larger economic forces raising concerns about the U.S. economy, the housing market continues to broadly offer investment and savings opportunities that haven’t been around since November […]
Americans have cast aside their painful memories of the 2008 real estate housing market crisis and regained their faith in real estate investing, according to a national survey from Bankrate. Traditionally, real estate has been viewed as a safe and reliable long-term investment. It not only provides the benefit of a roof, but it also […]
The surge in mortgage refinancing applications in 2019, led by prolonged falling interest rates in the United States, has work piling up for the mortgage brokers who are processing them. Compared to a year ago this past week, refinancing applications were up an incredible 116%, according to the Mortgage Bankers Association. With the 30-year fixed […]
The aftermath of a natural disaster is one of the most tragic scenes of loss and devastation one can imagine. It is also an opportunity for real estate investors who have learned how to profit from destruction. A report from the Wall Street Journal details the rise of a class of investors who are specifically […]
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Gregory Englesbe is an Investment Banker and business leader living in Cherry Hill, New Jersey.
An experienced mortgage professional, Greg has secured more than $500 billion in sales throughout his 30 years in the residential mortgage business.