Every run gets mechanically STOPPED. Manipulation at its best.
Taking Risk vs Reward into consideration, this is a good investment IMO. I think this is about to make a move south followed by a strong move north. Its all timing. Accumulate and watch this one.... next few years will be monster
So am I a Real Estate broker and the reason why I am in FNMA and FMCC because of all the Quality loans that are being processed and no more giving loans because a buyer has a pulse... It was crazy during the sub prime lending when even if you had bad credit and no equity or cash they would loan you a down payment... crazy times is over...
F&F learned the hard way but way much more restrictive and now only giving out loans to qualified buyer who have debt to income of less then 49% and most are in the 30% - 35%
Credit in good condition or have agreement that they have direct deposit from their banks as well have protective measure that bad credit buyer have reserves of 6 months or more to cover the mortgage payments in case they lose their jobs...
Fannie and Freddie has changed alot and you will see why they are making record profit because of these QUALITY loans...
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