Live Breaking News & Updates on Heard explainer

Stay informed with the latest breaking news from Heard explainer on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in Heard explainer and stay connected to the pulse of your community

How the American Mortgage Machine Works


How the American Mortgage Machine Works
A lot has to happen to make 30-year mortgages at super-low interest rates possible. Investors should understand what each player in the process does, and what risks they take.
By
Updated Jan. 3, 2021 1:22 pm ET
Every family needs a home, and so do the many risks created by the 30-year mortgage that is standard in America.
Finding an investor to take each of those risks is a job of the Rube Goldberg contraption that is the U.S. housing-finance industry. Investors who don’t understand how it all fits together might one day find themselves scrambling for shelter.

United-states , America , Freddie-mac , Rube-goldberg , Vishal-garg , Dow-jones-company-inc , Federal-reserve , Heard-explainer , Telis-demos , All-rights , Graphics , Banking