Will the fed stop buying your mortgage?

Will the fed stop buying your mortgage?

The Federal Reserve has bought $982 billion of the mortgage bonds since March 5, 2020.  As Federal Reserve officials discuss how to eventually scale back their easy-money policies, they are debating whether to start by reducing purchases of mortgage-backed securities...
Strong Jobs Report Blows Away Predictions; Real Estate Paints a Different Picture; Why?

Strong Jobs Report Blows Away Predictions; Real Estate Paints a Different Picture; Why?

I took the pic after the 4th outside of Breckenridge, CO (has nothing to do with the article, but thought you would enjoy). Last week the US June jobs report was released that toppled all expectations. After a week May report the job numbers in June did not disappoint...
2019 Real Estate Market predictions

2019 Real Estate Market predictions

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 reserve, market volatility, the ongoing...
39% drop in real estate refinancing; Denver drops 44%

39% drop in real estate refinancing; Denver drops 44%

Mortgage rates for a 30-year mortgage bottomed our around 3.4% in July of July of 2016.  Rates recently broke through the 5% mark and the 10-year treasury just hit a 7-year high.  At the same time Well’s Fargo announced it was laying off over 600 mortgage workers and...