Many investors have contacted me with the drop in interest rates to see if I can help them refinance their investment property. Unfortunately for most, the equity position in their property is too negative for me too help. Fannie Mae however, has implemented a program called DU Refi Plus to try and help the real [...]
Entries Tagged as 'Mortgage Rates'
Refinancing Your Investment Property with DU Refi Plus
December 1st, 2009 · 1 Comment
Tags: Bank Facts · Debt Reduction · Investment Mortgage Financing · Investment Property General · Loan Modification · Mortgage Financing · Mortgage Rates
Your Favorite Lender in Half the Time
May 17th, 2009 · No Comments
We are close to half way through 2009 and we have seen rates lower than they have been in a long time. Many homeowners have been able to take advantage of rates in the 4% range. Lenders are busy again all over the country. The concerns for refinancing today are different than those of previous refinance booms. The number one [...]
Tags: Bank Facts · Mortgage Rates
Fannie Mae Now Offers Refinancing on Investment Property to 105% LTV
April 16th, 2009 · No Comments
Beginning April 4th, 2009, Fannie Mae is allowing borrowers who currently have a Fannie Mae backed mortgage to refinance their investment property even if there is no equity in their property. This is great news! Especially if you have a current adjustable rate mortgage and you want to get it locked at a great low [...]
Tags: Investment Mortgage Financing · Investment Property General · Loan Modification · Mortgage Rates
Fannie Mae Offers Real Estate Investors a New Program at 10% Down
March 20th, 2009 · 1 Comment
I continue to be impressed at Fannie Mae’s willingness to find creative ways to get more real estate investors into more investment properties in an effort to stimulate our suffering housing market.
Fannie Mae has created a new investment property financing program called Fannie Mae Home Path. This program allows the real estate investor to purchase [...]
Tags: Bank Facts · Investment Mortgage Financing · Investment Property General · Mortgage Financing · Mortgage Rates
Tips for Refinancing in 2009
January 7th, 2009 · 2 Comments
Mortgage rates dipped to 4.875% today on a 30 year fixed mortgage. The Fed has committed to buying up mortgage backed securities which is causing interest rates to be lower than we have seen in 60 years. Depending upon your current interest rate, A mortgage rate in the 4% range could have a huge impact on the amount of [...]
Tags: Bank Facts · Investment Mortgage Financing · Investment Property General · Mortgage Financing · Mortgage Rates
How to Get an Unsecured Line of Credit Fast
January 4th, 2009 · No Comments
In this tough economy, getting credit for a small business or a new rental property is getting harder and harder. Most banks have put a complete halt on new business credit lines. Worse yet, some banks have decreased the amount of their credit limits or cut the credit lines that they have with their current [...]
Tags: Investment Mortgage Financing · Mortgage Financing · Mortgage Rates
Interest Rates for Investment Properties Drop
December 23rd, 2008 · 5 Comments
The interest rates on investment property mortgages dropped significantly however, Fannie Mae is now requiring up-front discount points to be paid on all loans. The discount points have always been included in Fannie Mae’s risk and pricing model, but until recently, those discount points could be avoided by charging the customer a slightly higher interest rate. In [...]
Tags: Investment Mortgage Financing · Investment Property General · Mortgage Financing · Mortgage Rates
Mortgage Rates May Drop to 4.5%
December 3rd, 2008 · 1 Comment
In an effort to revitalize the housing market, the US Treasury is considering lowering interest rates to 4.5%. I personally think this is a great idea. I like this strategy because it is a move to get people back into the buying mode again. Many buyers have been hanging out on the sidelines waiting for the [...]
Tags: Mortgage Financing · Mortgage Rates
Mortgage Rates Likely to Rise
August 13th, 2008 · 1 Comment
I believe mortgage rates are likely to rise above 7% on a 30 year fixed over the next 12 months or as high as 7.75% on investment property. There are several factors to support my position. First of all, there is an increasing concern about inflation. Inflation causes rates to rise as the cost to [...]
Tags: Mortgage Rates


