Hard Money Lender

Orem, UT–Despite the chaos facing the major banks on Wall Street, credit unions face a better situation. The Family First Federal Credit Union of Utah has been shielded from the credit crisis, as it has not become involved in the risky investments, such as mortgage-back securities, that have causes larger banks like Lehman Brothers [...]

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The number of mortgage applications jumped 33.4% from the week ending September 5th to the week ending September 12th. The jump has largely been attributed to the buy-out of Freddie Mac and Fannie Mae as well as low interest rates.
Interest rates fell to their lowest rate since January to 5.82%. The lowest rate of the [...]

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