The U.S. Was NEVER Going to Default On Its Debt; Debt Ceiling Deal Here
I don’t mean to be querulous, but I have to complain about the debt ceiling nonsense again. And actually, I had no idea what “querulous” meant until it popped up […]
Your Trusted Guide for Mortgages & Real Estate
I don’t mean to be querulous, but I have to complain about the debt ceiling nonsense again. And actually, I had no idea what “querulous” meant until it popped up […]
The average interest rate in the U.S. is about 6.90%, according to Mortgage News Daily. The 10 Year Treasury Yield is about 3.66% today, as I type this blog. That […]
I took my Korean niece to the Fort Worth stockyards and was absolutely amazed! The stockyards themselves are a fascinating piece of American history. Established in 1849, they became a […]
Rates bottomed out in early April, but they have been trending upward ever since – despite generally improving inflation numbers. Given that rates almost always trend downward when inflation improves, […]
Some extraordinarily advantageous mortgage offerings have surfaced in recent weeks. This is for two reasons: (1) Lenders (or investors that buy loans) are desperate to generate volume; and (2) Lenders/investors […]
WOW! Rates rose every day last week even though inflation is clearly falling! This is particularly surprising because inflation is perhaps the biggest single driver of mortgage rates. Making matters […]
Because rates have been climbing all week, I got an email that asked me where the recession is that I have been “harping about” for the last year… WHY RATES […]
Depressed real estate agents should hang in there! The reason is 2024 will likely be the best year they ever had, according to the WSJ… sort of. In this recent […]
The dreaded debt ceiling crisis has been in the news now for a few months, and it is scaring the heck out of everyone for a very good reason. If […]
A loan officer is making the rounds offering agents $5,000 of co-marketing per closed transaction. I have nothing against the idea or co-marketing in general, but I thought I’d discuss […]
I had a friend in high school who worked for Sentry Insurance as a typist for what would be about $40 per hour today – and man was I jealous. […]
This short IG video, titled “Refinancing Is Going To Be More Expensive Than Ever” was making the rounds on social media recently. We were getting questions, so I decided to […]
REMINDER #1: 14-DAY CLOSINGS WIN DEALS! Two of our clients got into contract yesterday alone with the help of our Fast 14 Calendar-Day Close in multiple offer situations. In both […]
UNFORTUNATE INFLATION UPDATE! We have been expecting a very positive inflation number on May 10th for months now for a variety of reasons, as set out by Barry Habib numerous […]
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