I know we Fall Back when daylight savings time ends, but let's Fall Forward this Fall into a new real estate market! Mortgage rates are going down and inventory is increasing but most importantly, real estate agents are still getting paid. I am … [Read more...]
LOOKING FOR BIG THINGS IN THE SECOND HALF OF 2023!
President Biden just signed the debt ceiling bill! Let the games begin. Hopefully, this will encourage the FED to ease interest rates and the stock market to climb. That is no reason for this country to go into a recession. We have high employment … [Read more...]
Lending Shifting, but Still Tight
The Federal Reserve released its survey of senior loan officers (SLOOS) earlier this week. On its face, the survey suggests a modest loosening of credit for prime and non-traditional lending. However, the picture is a little more mixed for those … [Read more...]
Just How Big is the FHA?
The FHA has been in the headlines a lot recently. So have assertions regarding how large of a presence the institution has in the housing market. The FHA’s significance varies based on which benchmark you are measuring it next to; the total sales … [Read more...]
Just How Big is the FHA?
The FHA has been in the headlines a lot recently. So have assertions regarding how large of a presence the institution has in the housing market. The FHA’s significance varies based on which benchmark you are measuring it next to; the total sales … [Read more...]
Restarting Mortgage Finance: Step 1
Recently the Consumer Financial Protection Bureau (CFPB) released a much anticipated rule that finally gets the ball rolling on reform of the mortgage finance industry. Investors fled the market following the housing bust, reducing the flow of … [Read more...]
