Fed lowers rates, will mortgage rates rise?

Fed lowers rates, will mortgage rates rise?

  The million dollar question is where do interest rates head from here.  The Federal reserve has hinted at more upcoming cuts, what does this mean for mortgage rates?  Does the federal reserve actually control mortgage rates? How is the treasury department...
Property Insurance rates set to jump by 50%; why and who pays?

Property Insurance rates set to jump by 50%; why and who pays?

  The mortgage industry should be prepared for large increases in insurance premiums up to 50% according to the Situs Whitepaper. Jennifer Rasmussen, one of the reports authors stated that the average homeowner “was not cognizant of the sheer magnitude of these...
What city is now banning Airbnb? Do nightly rentals drive up rents?

What city is now banning Airbnb? Do nightly rentals drive up rents?

Over the years there have been a lot of theories that nightly rentals are increasing long term rents of full-time residents. Recently NY analyzed nightly rentals in various boroughs to calculate the increase in lease rates. This is the first real study I have seen on...
Shortage of homes will keep prices high… think again; Is there really even a shortage?

Shortage of homes will keep prices high… think again; Is there really even a shortage?

I just saw an article on CNBC with the headline: America is short 5 million houses.  The media is proclaiming a housing crisis throughout the country due to the shortage.  Ironically at the same time the US has hit a record for the slowest population growth in the...
Biden/Harris propose national rent control, what does this mean for prices and supply

Biden/Harris propose national rent control, what does this mean for prices and supply

It is no secret that housing prices and in turn rents have skyrocketed throughout the country.  President Biden, announced a major new action to: “ lower housing costs by limiting rent increases”.  Essentially the proposal is nationwide rent control.  What is in...
Who is better for real estate Harris or Trump ?

Who is better for real estate Harris or Trump ?

  Wow, it is amazing how quickly tides have changed.  Look at the chart above of the betting market on the next presidential election right after the assassination attempt. Fast forward and another twist happened over the weekend with President Biden stepping...