Fairview Commerical Lending

The Federal Reserve just raised interest rates .5% as expected.  The market originally rallied and then plummeted 5% the next day.  The fed made a colossal error and the stock and bond markets are not buying their guidance.  What did the fed say at the meeting that changed the inflation dynamics?  What does this mean for interest rates and in turn real estate?   The Federal reserve is underestimating future inflation: Three reasons inflation will continue The federal reserve is making the same mistakes as a year ago when they stated that inflation would be transitory and would come down…

Fannie Mae, the largest buyer of mortgages in the US, just made some bold predictions about not only housing, but an upcoming recession.  Their new predictions are a rapid departure from just a few months ago.  What does Fannie Mae predict for the economy and housing? What are Fannie Mae’s new predictions for housing? Our updated forecast includes an expectation of a modest recession in the latter half of 2023 as we see a contraction in economic activity as the most likely path to meet the Federal Reserve’s inflation objective given the current rate of wage growth and inflation. Since…

As mortgage rates have easily breached 5% (last I checked they were at 5.25%), there is a drastic change in real estate that is just beginning to rear its head.  At the same time inventory is starting to increase and loan volumes have plummeted.  What is the big change that is happening?  Why is it happening now?  What does this mean for values?  What three indicators am I seeing pointing to a change in the market. 3 indicators that real estate has reached an inflection point Title turn times plummet: Last week I ordered a title policy for a new…