Mortgage Specialist
The Federal Reserve’s continued buying of Mortgage-Backed Securities has resulted in stability returning to the secondary markets. However, mortgage borrowers, lenders, and investors alike must …
Continue Reading about The Mortgage Market Improves, But the War Rages On. →
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 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 …
Continue Reading about The Mortgage Crisis and the Fed’s Unintended Consequences →
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 …
Continue Reading about Follow-Up Market Update. The Turmoil Continues… →
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 …
Continue Reading about URGENT MARKET UPDATE FOR ALL MORTGAGE BORROWERS: →
Jyskye Bank, Denmark’s third largest bank, recently became the first lender on earth to offer a mortgage with a negative mortgage rate. Jyskye Bank is offering borrowers a 10-year mortgage at -0.5%. …
Continue Reading about Negative Mortgage Rates? Could the U.S. Be Far Behind? →
