Wednesday, March 10th, 2010
This section of the Northern Virginia Real Estate Times is dedicated to FINANCE and how it relates to Real Estate and the Real Estate Market in Northern Virginia & Washington DC.
Keep up with what the Federal Reserve is doing. How are local Home Builders and their stocks doing in the market? What are Bank Stocks doing? Learn how all of these variables effect you when you go to buy a home in Northern Virginia or Washington DC.
[caption id="attachment_46" align="aligncenter" width="300" caption="Mortgage Backed Securities "][/caption] A few of our readers have asked us to explain what Mortgage Backed Securities are so we will do our best here. Mortgage Backed Securities or ( MBS) is an asset backed security or debt obligation that represents a claim on the cash flows from mortgage loans. This is mostly done with residential property, although it is and can be done on commercial real estate as well. Mortgage loans are purchased from banks, mortgage...