Look at this chart above, over the last 5 years long term rates have continued a steady climb higher; now compare the chart above to the one below, see a correlation. When rates surged, the treasury tried to step in and a profound event happened that radically...
why are mortgage rates rising
Rates make a u turn; should you panic?
Look at this chart above, out of nowhere yields have made a U-turn with long term treasury yields surge to almost 20-year highs and predictions exceeding 6%. This is exactly the opposite of what economists had predicted at the beginning of the...
Oil prices up, job numbers down: What it all means for mortgages
If you missed it (here is a link), last week I was interviewed in Mortgage Professional America on what happens to mortgage rates and real estate as a result of the huge economic news last week with jobs slower and energy prices skyrocketing. What does the...
Does the Trump election matter for Real estate; Homes sales lowest since 95
Regardless of how you voted, at the end of the day for real estate in particular, does the election of President Trump radically change the trajectory of real estate? What happens to real estate volumes? Will interest rates rise or fall? What happens to values? Why...
Fed raises rates, mortgage rates drop, stocks jump, technical recession, what happens now
What a week it has been in the economy. The federal reserve is still struggling to contain inflation and as a result increased the fed funds rate .75%. After the announcement stocks roared back in a huge “relief” rally and mortgage rates plummeted. Shortly after,...







