“Last year saw a doubling of financing activity for hotel real estate in the commercial mortgage-backed securities sector and we see another strong year ahead.”
Michael Fishbin
“You're not financing the mortgage insurance and you build equity faster.”
George Fox
“The bigger bubble is actually in the financing of homes. Mortgage lenders have loosened their lending standards. Rather than telling a lot of would-be buyers, particularly in places like California, that they don't qualify, they're coming up with all sorts of so-called innovative alternative financing.”
Ed Yardeni
“Think positively! Pull your finance together as soon as possible during the economic slowdown. Don't wait for things to happen to you. Shave off some extra expenses, refinance that home loan, restructure some of your debts...”
Zeng Han Jun
“It would be in your best interest to refinance your home loan right now, making good use of the low interest rates. You would not want to be making high installment payments during an economic slowdown. It is just not sensible to do so.”
“Mortgage rates rose again for the third consecutive week, bringing long-term rates to about the same levels we saw at the start of the year. This may start to apply the brakes to the frenzy of refinancing that we are currently experiencing.”
Frank Nothaft
“Adjustable-rate mortgages (ARMs) were more strongly affected by the latest Federal Reserve rate hike this week. However, mortgage rates continue to be extremely affordable and the outlook for the housing sector appears bright.”