Mortgage Industry

Latest Articles

10 Year Treasury Yields Vs. Mortgage Rates (Great Info & Good News!)

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 […]

Lenders Giving Away Farms To Generate Volume! 1% Down Loans!

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 […]

Dude, Where’s The Recession You Keep Harping About? Employment Report B.S.

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 […]

Dude, Where’s The Recession You Keep Harping About Employment Report B.S.

Debt Ceiling Default: Its Impact On Housing & Mortgages

Predictions surrounding a debt ceiling default have been echoing through the media for months now, causing hearts to race and eyebrows to furrow. And the fear is palpable – and […]

May 17, 2023 7 min read
U.S. Capitol Building with U.S. dollar bills in the background.

A Debt Ceiling Default Will CRUSH Housing, Mortgages, and … the Entire World Economy!

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 […]

Refinancing Is Now Way More Expensive – Or More Difficult

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 […]

Refinancing Is Now Way More Expensive – Or More Difficult

#1 Reason America Will Always Reign Supreme – And Why We Don’t Need to Worry

BANK PROBLEMS WILL GET MUCH WORSE! ZIRP COMING SOON! Former hedge fund manager and certified crazy guy, Hugh Hendry, was on Bloomberg yesterday – with this short, informative, and very […]

#1 Reason America Will Always Reign Supreme – And Why We Don’t Need to Worry

7 Reasons Why Analysts Are FURIOUS With The Fed!

TOP TEN AI PROMPTS TO SAVE HUNDREDS OF HOURS OF WORK The above headline was the point of this excellent tweet thread. I highly recommend it for anyone who is still […]

7 Reasons Why Analysts Are FURIOUS With The Fed!

Stopping Onslaught of Mortgage Lender Phone Calls! Pending Home Sales Down! FHA RATES ARE LOW!

SURE SIGN OF RECESSION: A MASSIVE UPTICK IN SALES CALLS! Famed, Nobel-Prize-winning economist, Paul Krugman tweeted this morning that today’s GDP data shows “no hint of recession.” So, it is […]

April 27, 2023 3 min read
Stopping Onslaught of Mortgage Lender Phone Calls! Pending Home Sales Down!

Home Prices UP per Case-Shiller AND FHFA; PLEASE IGNORE MEDIAN HOME PRICE NONSENSE!

“Low inventory and high demand from homebuyers pushed up U.S. home prices in February.” “The index posting a gain after seven months of decline is ‘suggesting that home prices nationally […]

April 26, 2023 2 min read
Home Prices UP per Case-Shiller AND FHFA; PLEASE IGNORE MEDIAN HOME PRICE NONSENSE!

Why We NEED A RECESSION & Soon!

MARSHMALLOW.COM = MY FAVORITE APP! I love marshmallows. And – every three to four months when my craving gets bad, I order marshmallows right to my door from marshmallow.com. And […]

April 14, 2023 4 min read
Why We NEED A RECESSION & Soon! Rates Way Up

Dollar Is UP; Home Values UP AGAIN; Ignore Labor Markets; Fast Closes Please; Inflation Could Push Rates Up This Week; Big Rate Drop Is “Imminent”

Here are a few random points today: 1. The Dollar’s Value is Up (relative to other currencies). I wrote a blog last week explaining why the dollar will NOT collapse, […]

April 10, 2023 3 min read
Dollar Is UP; Home Values UP AGAIN; Ignore Labor Markets; Fast Closes Please

February Pending Homes Sales: Great News Or Awful News? Inflation Down

The total number of homes that went into contract in February increased by 0.8% in February compared to January. Here are two reactions: Mortgage and Real Estate Industry:  “Holy Smokes […]

Is China’s Collapse Imminent?

A lot of smart people say, yes – China’s financial collapse is very likely.  I have addressed China’s woes several times over the last few years, including  (1) China’s Banking […]

March 27, 2023 3 min read
Is China's Collapse Imminent?
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