Recent Articles
Oct
02
2024
02
2024
Why Aren't Mortgage Rates Falling?
Many in the real estate and mortgage industry expected a ticker-tape parade for Jerome Powell back on September 18th, when the Federal Open Market Committee officially lowered the Federal Funds rate by 0.5%. They also signaled that further reductions in the Federal Funds rate are coming...
Many in the real estate and mortgage industry expected a ticker-tape parade for Jerome Powell back on September 18th, when the Federal Open Market Committee officially lowered the Federal Funds rate by 0.5%. They also signaled that further reductions in the Federal Funds rate are coming...
Sep
02
2024
02
2024
What if Jerome Powell Doesn't Lower the Federal Funds Rate in September?
Last week I wrote the following poem and a fun way to describe how the market is feeling about the upcoming September Federal Reserve meeting: T’was 2 weeks before the Federal Reserve Meeting, and at every open house, Not a buyer was talking about locking, not even to their spouse...
Last week I wrote the following poem and a fun way to describe how the market is feeling about the upcoming September Federal Reserve meeting: T’was 2 weeks before the Federal Reserve Meeting, and at every open house, Not a buyer was talking about locking, not even to their spouse...
Aug
01
2024
01
2024
5 Reasons Buying a Home Now – Makes Mathematical sense, and yes, yes, I know that Rates are Expected to Come Down!
Real Estate Agents and Mortgage Loan officers aren’t blind to the facts that the market is really tough on homebuyers right now. Homebuyers are doing the cost benefit analysis in their mind about “is this new higher payment worth it” while also fighting low...
Real Estate Agents and Mortgage Loan officers aren’t blind to the facts that the market is really tough on homebuyers right now. Homebuyers are doing the cost benefit analysis in their mind about “is this new higher payment worth it” while also fighting low...
Jul
05
2024
05
2024
I'm Buying a House. Now What Do I Do?
Whether you are a first-time homebuyer or one that has many notches on your belt, it’s always great to know what to expect on the loan side of things when you are buying a home. There is A LOT that goes on behind the scenes, and below is a short summary of what to expect once you are in...
Whether you are a first-time homebuyer or one that has many notches on your belt, it’s always great to know what to expect on the loan side of things when you are buying a home. There is A LOT that goes on behind the scenes, and below is a short summary of what to expect once you are in...
Jun
04
2024
04
2024
Will the Election Affect Mortgage Rates?
As much as economists say that this upcoming election will not affect mortgage rates, the real answer is – heck yes - its very likely it will for a variety of reasons (and likely not the ones you are thinking of). And it’s not that if Biden wins that (long term) mortgage rates...
As much as economists say that this upcoming election will not affect mortgage rates, the real answer is – heck yes - its very likely it will for a variety of reasons (and likely not the ones you are thinking of). And it’s not that if Biden wins that (long term) mortgage rates...