by Glen | Apr 3, 2023 | Atlanta Hard Money, Atlanta Private Lending, Atlanta real estate trends, CO hard money, Colorado Hard Money, Colorado private lender, credit scoring, Denver Hard Money, General real estate financing information, Georgia hard money
Last week, the president announced an action that will save homebuyers and homeowners with new FHA-insured mortgages $1500 per year (assuming a 500k home), lowering housing costs for an estimated 850,000 home buyers and homeowners in 2023. On the surface, the change...
by Glen | Nov 21, 2022 | 2023 real estate prediction, Atlanta Hard Money, Atlanta Private Lending, Atlanta real estate trends, CO hard money, Colorado Hard Money, Commercial Lending valuation, credit scoring, Denver Hard Money, Denver private Lending, Georgia hard money, interest rates, mortgage rates, real estate investing, Real Estate Trends, Residential hard money, residential lending valuation
The federal reserve bank of NY recently published a report showing consumer debt jumping to the highest levels ever recorded with every category growing from mortgages, autos, credit cards, lines of credit, etc… Is some consumer debt better/worse than others for the...
by Glen | Apr 4, 2022 | 2022 real estate predictions, 2022 stock market correction, 2022 stock market correction impact on real estate prices, Atlanta Hard Money, Colorado Hard Money, credit scoring, Denver Hard Money, Georgia hard money, Housing Price Trends / Information, how will real estate prices be impacted by falling stocks, interest rates, mortgage rates
The swiftness of the changes in the real estate market are astonishing, yet not unexpected. I predicted last year mortgage rates would top 5% and they already have come close. This has led to a 60% drop in refinances and a sharp reduction in sales. What do these...
by Glen | Mar 14, 2022 | Atlanta Hard Money, credit scoring, Denver Hard Money, Private Lending, Real Estate economic trends, Real Estate Trends, Residential hard money, Small Balance Commercial Lending
Buy now pay later included on credit reports, impact on real estate financing Buy now Pay Later loans are a million-dollar industry and yet until now these loans were invisible to lenders. This is all changing as Equifax is now adding buy now pay later payments to...
by Glen | Oct 6, 2020 | credit scoring, General real estate financing information, Hard Money Lending, Housing Price Trends / Information, interest rates, Private Lending
The Urban Institute think tank says nearly two out of three loans made in 2019 would fail to meet at least one of the stricter standards lenders have imposed since March. Banks are tripping over themselves to be the first to hedge against future downside risks and...
by Glen | Apr 15, 2020 | credit scoring
We are still lending in cash! It is amazing that the federal reserve has flooded the markets with cash enabling banks to borrower at historic rates. Furthermore, banks are considerably healthier today than they were in 2008. Unfortunately, this is not translating to...
