Fairview Commerical Lending

The market was anticipating a much smaller cut by the federal reserve as inflation is still high and employment and spending is holding up.  The odds were about 75% for a smaller cut, but the federal reserve definitely surprised with a much larger cut of half a percentage point.  As of this writing short-term rates fell while longer term rates like mortgages rose (check out the chart above).  Is this big cut really good news?  How can mortgage rates rise even though the fed just cut rates?   The federal reserve surprises with a huge cut Like everyone else, I…

Vice president Harris announced her support of a recently introduced  bill aimed at curtailing investor activity in the housing market that she says is driving up home prices. This new bill is one of the cornerstones of Harris’ housing policy.  The Stop Predatory Investing Act is targeting single family investors.  What is in the newly proposed bill and how will this impact the real estate market.  Will this act reduce real estate prices?     What is in the stop predatory investing bill? First, the name of the bill is misleading.  There is nothing predatory about someone or an entity owning 50…

With the realtor settlement now implemented nationwide, the question now is will a reduction in realtor fees lower house prices?  The big premise of the commission lawsuit against the national association of realtors is that high commission fees were one of the leading drivers of real estate prices.  How true is this statement?  Will this settlement make houses more affordable?  What price points will be most impacted by the realtor settlement?  Who will be the winners from the new business models as a result of the settlement.   Will the reduction/elimination of buyers fees impact prices One of the key…