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Mortgage rates are tied to the general level of interest rates across financial markets. Because of changes in the economy and monetary policy set by the government, interest rates go up and down over time. When interest rates move higher, mortgage rates will follow, and vice versa.
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Your credit score is a 3-digit number that speaks volumes of your financial condition. Credit score and credit report are two terms that are sometimes used interchangeably, though they are not the same thing. Your credit report is a document that holds details of your financial history, and the credit scores are based on them. […]
Read MoreSince the real estate bubble burst and lenders began instituting stricter lending policies, investors wholesalers who deal with motivated sellers of distressed properties rely on transactional funding to close the deal. Transactional funding is used when the goal is to resell property to the end buyer immediately after purchase. The process of simultaneous closing is […]
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Minimizing Risk Let’s face it: ‘investing’ in anything is simply a more formal, standardized, and relatively stable form of ‘gambling.’ There’s a degree of risk whenever something is put on the line, whether it’s time or money. Therefore, the trick in making any investment is to be able to minimize the degree of your risk […]
Read MoreInvesting in real estate can be a rewarding, profitable career that if done right can set you and your family up financially for the rest of your lives. It can be tough to get started in real estate if you are coming into it with little capital and experience dealing in the market. There are […]
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