As you can imagine, not much has happened in the markets the past few days. I don't expect much until the New Year. Lenders are changing their guidelines but rates are holding steady. I have one huge objection to these low rates the lenders are screaming from the rooftops. … [Read more...] about The Lull Between Christmas and New Year’s
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An Old War Horse
Who's the Old War Horse? Why, me, of course. I've lived through so many up-swings and down-turns in the market - it's exhausting. In the early 80's when I was a stockbroker, rates were in the mid to high teens. The later 80's saw drastic changes in the real estate … [Read more...] about An Old War Horse
A Dirty Little Secret (that you already know)
When I was a stock broker in the early 80's, I remember my manager announcing to the entire office that we had to sell a certain stock that day. Our company had accidentally overbought a specific stock issue and we had to get rid of it, so sell! sell! sell! Who cares if it fits … [Read more...] about A Dirty Little Secret (that you already know)
