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Mortgage Brokers

Welcome to the special Real Estate Industry Bulletin for Mortgage Brokers.

How To Buy Rental Properties With No Money Down

How To Buy Rental Properties With No Money Down

Over the last few years, more and more investors have taken to rental property investment. Demand for rental property has increased with real estate dealers reeking in millions from sales. This rush for property ownership is quite understandable. Rental property investment is one with very promising returns. Do you know about buying rental property...
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Leading Index for Commercial Real Estate Increases in March

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Leading Index for Commercial Real Estate Increases in March

Note: This index is possibly a leading indicator for new non-residential Commercial Real Estate (CRE) investment, except manufacturing. From Dodge Data Analytics: Dodge Momentum Index Climbs in March The Dodge Momentum Index moved 6.1% higher in March, rising to 155.0 (2000=100) from the revised February reading of 146.0. The Momentum Index is a monthly...
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Fed Chair Powell: The Outlook for the U.S. Economy

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Fed Chair Powell: The Outlook for the U.S. Economy

Note: You can Watch Live on YouTube, At the Economic Club of Chicago, Chicago, Illinois From Fed Chair Jerome Powell: The Outlook for the U.S. Economy Unemployment has fallen from 10 percent at its peak in October 2009 to 4.1 percent, the lowest level in nearly two decades. Seventeen million jobs have been created...
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Top 6 Reasons To Invest in Houston Real Estate Market in 2018

Top 6 Reasons To Invest in Houston Real Estate Market in 2018

It’s no more an unknown thing for a savvy real estate investor to know that Houston, Texas is a beautiful place to live and raise a family. Houston, with a fascinating history is considered to be one of the most desirable locations to invest in real estate in the US and the whole world...
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ISM Non-Manufacturing Index decreased to 58.8% in March

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ISM Non-Manufacturing Index decreased to 58.8% in March

The March ISM Non-manufacturing index was at 58.8%, down from 59.5% in February. The employment index increased in March to 56.6%, from 55.0%. Note: Above 50 indicates expansion, below 50 contraction. From the Institute for Supply Management: March 2018 Non-Manufacturing ISM Report On Business® conomic activity in the non-manufacturing sector grew in March for...
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What Does a Property Management Company Do

What Does a Property Management Company Do

Like is the case with any other investment, rental property investment requires round the clock effective property management. A rental property can only yield returns when properly looked after. This is why it’s very important that you choose a good property management company. What does a property management company do? An ideal property management...
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The Minimum Salary Needed to Own a Home By State

The Minimum Salary Needed to Own a Home By State

Owning a home has long been a key component of the American dream. However, with the considerable cost of housing on the rise, it can be hard to estimate the income needed to own a home in the U.S. A new study from GOBankingRates found the minimum salary needed to afford a home is...
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ISM Manufacturing index decreased to 59.3 in March

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ISM Manufacturing index decreased to 59.3 in March

The ISM manufacturing index indicated expansion in March. The PMI was at 59.3% in March, down from 60.8% in February. The employment index was at 57.3%, down from 59.7% last month, and the new orders index was at 61.9%, down from 64.2%. From the Institute for Supply Management: March 2018 Manufacturing ISM® Report On...
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Fannie Mae: Mortgage Serious Delinquency rate decreased slightly in February

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Fannie Mae: Mortgage Serious Delinquency rate decreased slightly in February

Fannie Mae reported that the Single-Family Serious Delinquency rate decreased to 1.22% in February, down from 1.23% in January. The serious delinquency rate is up from 1.19% in February 2017. These are mortgage loans that are “three monthly payments or more past due or in foreclosure”.  The Fannie Mae serious delinquency rate peaked in...
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Debt Consolidation: 7 Ways to Consolidate Your Debt

Debt Consolidation: 7 Ways to Consolidate Your Debt

Debt Consolidation Definition Debt consolidation means taking out a new loan to pay off several unsecured debts from credit cards, medical bills, personal loans, payday loans, etc. Debt Consolidation is like refinancing your mortgage – you take big loan and then pay off all your previous unsecured loans. Why is debt consolidation important? Well, living with debt has ultimately...
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