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 | Sep 15, 2020 | interest rates, Property Valuation, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, Residential hard money, residential lending valuation, Small Balance Commercial Lending, Underwriting/Valuation
If you have been tracking interest rates in the mortgage market, your head is likely spinning. Mortgage rates hit a record low of 3% less than a week later rates have risen again. What is causing the drastic swings? Is now the time to lock in or refinance? What did...
by Glen | Sep 1, 2020 | Atlanta Hard Money, Atlanta Private Lending, Atlanta real estate trends, General real estate financing information, Housing Price Trends / Information
I wanted to highlight Atlanta, Georgia as it is one of the top ten metro areas in the country, we have an office there, and we are intimately familiar with the real estate market. Furthermore, it is a typical large city and a good indicator for the country as...
by Glen | Aug 5, 2020 | Real Estate economic trends, Real Estate Trends, Residential hard money, residential lending valuation
When the shutdowns from the pandemic rippled through the economy, I saw statistics that up to a third of all mortgages could end in default. At the same time, home sales of previously owned homes just dropped to a 10 year low. What is going on in the housing...
by Glen | Jul 15, 2020 | Housing Price Trends / Information, interest rates, Property Valuation, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, Residential hard money, residential lending valuation, Underwriting/Valuation
From March 1 through the end of May, Americans deferred debt payments on more than 100 million accounts, according to credit-reporting firm TransUnion, a sign of widespread financial distress. Millions are out of work, yet house prices are increasing in most...
