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Interest rates increase in 2020?

Interest rates increase in 2020?

by Glen | Jan 21, 2020 | Hard Money Commercial Lending, Hard Money Lending, Housing Price Trends / Information, interest rates

  As the economy shrugs off recession fears with unemployment hovering near record lows and the stock market continuing to heat up there is one major byproduct that could be impacted, mortgage rates.  There was a ton of bad news priced into the market last year that...
NAR – The National Association of Realtors predicts 2% decline 2020

NAR – The National Association of Realtors predicts 2% decline 2020

by Glen | Jan 7, 2020 | Real Estate Trends, Real estate Valuation, Realtor, Residential hard money, residential lending valuation, Underwriting/Valuation

Realtors are typically an optimistic bunch so I was surprised at the recent forecast out of the National Association of Realtors (NAR) predicting a 2% decline in closings next year.  Mortgage rates are at historic lows and should remain low through 2020 and wage...

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