While the press is still reporting doom and gloom, I’m happy to report some optimistic news. Preliminary results from the COVID-19 treatment study being done in New York City pertaining to the …
The Mortgage Crisis and the Fed’s Unintended Consequences
(The following is a summary of a much longer article published on March 26, 2020 by Barry Habib, President of MBS Highway.) The COVID-19 Crisis has been wreaking havoc with the economy and society …
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Follow-Up Market Update. The Turmoil Continues…
It’s been an anxious week for America (in fact, the world!). Adding to this anxiety, the financial markets – especially the Mortgage-Backed Securities – have continued their roller coaster ride with …
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URGENT MARKET UPDATE FOR ALL MORTGAGE BORROWERS:
With the travel ban, suspensions and cancelations of sporting events, school closings, and more, the Covid-19 virus is causing widespread panic. After about two weeks of market volatility and …
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The Lowest Mortgage Rates EVER!
Never before 2009 had thirty-year fixed-rate mortgages fallen below 5%. Yet, despite all logical predictions over this past decade for rates to rise, they have remained at these historically low …
A New & Unique Way to Buy A Home…Without A Mortgage!
In high-cost areas, many people find it challenging to own a home due to high home prices, high mortgage payments, or lack of even a modest down payment. A start-up company in Pittsburgh has created …
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