Stay up to date on recent news relating to hard money lending and understand how this news impacts both borrowers and brokers.
As the government shutdown continues to drag on, how is commercial and residential real estate being impacted? What does Vail resorts, the largest owner of ski resorts in the country, have to do with the government shutdown. How are existing…
With 2019 coming quickly it is time for my annual real estate predictions. 2019 is shaping up to be considerably more exciting than 2018! The main economic drivers in 2019 will be the pace of rate increases from the federal…
Contract signings to purchase previously-owned U.S. homes unexpectedly fell by the most since January, reaching the lowest level since mid-2014 amid mounting evidence that the housing market is struggling. New homes sales also tumbled 8.9% in October. On the flip…
As Thanksgiving week begins, there was a surprising economic report just released. The National Association of Home Builders/Wells Fargo Housing Market Index dropped eight points in November to 60, according to a report Monday. That compared with the median estimate…
For anyone watching the markets, it has been quite the ride. I’m feeling a bit seasick from all the motion taking place in the markets! Stocks plummet then come roaring back all within the same day. What is going on? …
President Donald Trump said he expected Jerome Powell to be a cheap-money Fed chairman and lamented to wealthy Republican donors at a Hamptons fundraiser on Friday that his nominee instead had raised interest rates, according to people present. This is…
Is the bond market or federal reserve correct on the future of interest rates? Beyond 2019 there is huge disagreement. The Federal reserve has relayed that future tightening will continue, but the markets aren’t buying it. The bond market is…
The Federal reserve in their recent Report on Economic Well being made two very concerning discoveries: 1) 40% of all adults if faced with an unexpected expense of $400 would not be able to cover it 2) 25% of…
Ready to start your engines for the summer driving season? Will our cars lead us into the next recession? Although auto sales declined substantially this year, the real story is that the subprime bubble in auto lending is now showing…
We’ve all heard the predictions for 2017, rates will be X, employment will be Y, the sky will be blue, but also might fall depending on 18 different variables from armchair economists. What should you believe and what should you…