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Your iPhone use is increasing your mortgage rates

Your iPhone use is increasing your mortgage rates

by Glen | Mar 1, 2018 | Hard Money Lending, Housing Price Trends / Information

Pretty crazy to think of a small task like using an iPhone or a Windows computer is increasing your mortgage rates.  How can a computer or phone have any impact on rates?  Apple, Microsoft, and Google are the largest holders of offshore cash piles.  Under the new law...
Will the new fed work with Shake Shack to keep mortgage rates low?

Will the new fed work with Shake Shack to keep mortgage rates low?

by Glen | Nov 11, 2017 | Real Estate Trends

Last week Trump announced Jerome Powell as his pick to lead the federal reserve bank replacing Janet Yellen.  What does this mean for the trajectory of interest rates?  How is Powell working with Shake Shack to keep rates low?  Will there be any radical changes going...
Is the fed rate move really the biggest news?

Is the fed rate move really the biggest news?

by Glen | Dec 14, 2016 | Hard Money Commercial Lending, Housing Price Trends / Information, Real Estate Trends

The fed raised rates today?  Is this the real news?  As many have noticed, rates have taken off over the last 30 days driving up mortgage rates substantially.  What is really driving the rapid movement and what will happen in 2017.  There is one wild card that could...
Let it Float

Let it Float

by Glen | Oct 14, 2016 | Commercial Lending valuation, Hard Money in the News, Housing Price Trends / Information

Let it float! I’m talking about rates that is.  Why would anyone not lock in a mortgage at these historically low rates.  It is a foregone conclusion that rates will increase in December (more than 80% of economists feel a hike will occur: WSJ).  With such strong...

Will mortgage rates rise

by Glen | Mar 16, 2016 | Atlanta Hard Money, Colorado Hard Money, Commercial Lending valuation, Denver Hard Money

Will mortgage rates rise significantly this year? Anyone associated with real estate saw that the federal reserve did not raise rates at their meeting 3/16/16. How is this possible that rates will not increase substantially? At their recent meeting on Wednesday they...
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