Buckle up, because the real estate market is officially on a thrill ride. Interest rates fell to record lows then rose faster than a teenager's mood swings. But unlike those mood swings, this rollercoaster has real consequences for everyone involved in real estate. Whether you're … [Read more...] about Interest Rates: The Wild Card in Today’s Real Estate Game – How to Win.
The Economy
How Will the Government Shutdown Affect Mortgages?
What does the government shutdown mean to you if you are applying for a home loan? For now, essentially nothing! If you're thinking of applying for an FHA loan, you can still move forward as planned. Several media outlets mistakenly reported that there would be a shutdown of … [Read more...] about How Will the Government Shutdown Affect Mortgages?
Do You Believe in Signs?
If you pay attention, just keep your eyes and ears and intuition open, there are bits of information that foretell the future. … [Read more...] about Do You Believe in Signs?
Real Estate vs the Stock Market
In the 80's I was a stock broker then after a few turns in the road, I became a mortgage broker. Still the age-old debate: is the stock market or real estate a better investment? … [Read more...] about Real Estate vs the Stock Market
Thomas Friedman – Economic Recovery?
Before my workout this morning, I was watching The Early Show on CBS. There was an interview with Tom Friedman, the New York Times foreign affairs columnist. I really like listening to Tom. He’s very clear in his explanations of … [Read more...] about Thomas Friedman – Economic Recovery?
The Story This Past Month
For those of you who like me are visual, I'm posting a simple graph that shows what the mortgage backed securities have done since May 12. They hit their low point on May 14. Don't forget, rates move inversely with the price of the security so you can see how dramatically they … [Read more...] about The Story This Past Month
