Quantcast

Real Estate: Is The Housing Boom Here?

Real Estate: Is The Housing Boom Here?

The housing boom should be here, it really should. All the historic notions associated with a prosperous and solid real estate marketplace seem to be in place. If you think about real estate you know that to have a booming market we need low interest rates. Well, we have that. Rates have been below 4 […]

The Real Reason Mortgage Rates Keep Falling

The Real Reason Mortgage Rates Keep Falling

By now mortgage rates were supposed to moving higher but that hasn’t been the case. Instead, lenders are elated to unload cash at rates which are beginning to approach the record lows seen in 2012. The loser in all of this is the Federal Reserve. It raised rates in December and the nation’s banks instantly […]

Are Old People Too Dumb To Get A Mortgage?

Are Old People Too Dumb To Get A Mortgage?

The are some snippets of information which are hard to miss and this one surely caught my interest: According to the Mortgage Bankers Association, “cognitive decline impacts the housing behavior of older Americans.” Does this mean older people are increasingly too dumb to buy real estate or get a mortgage? Apparently in some cases the […]

Real State Borrowers Face New Mortgage Scams

Real State Borrowers Face New Mortgage Scams

While borrowers worry about mortgage rates they sometimes forget that real estate financing takes place in the real world – a world filled with predators and mortgage scams. The Federal Trade Commission and the National Association of Realtors are now advising borrowers to be on the look-out for scammers who will empty your bank-account with […]

Low Mortgage Rates Power Rising Home Prices

Low Mortgage Rates Power Rising Home Prices

Mortgage rates never move in a straight line. Whether moving up or down you can’t get excited about little blips here and there, a lesson we are seeing played out in 2016. According to Freddie Mac the rate for 30-year, prime mortgages stood at 3.97 percent as of January 7th. By March 10th the rate […]

Do You Know VA’s Qualified Mortgage Rules for Streamline Refinances

Do You Know VA’s Qualified Mortgage Rules for Streamline Refinances

The VA loan program’s no-frills refinance option got a slight makeover last year in the wake of major mortgage industry changes. But most veteran homeowners won’t notice much difference in their pursuit of a VA Interest Rate Reduction Refinance Loan (IRRRL), better known as a VA Streamline. Nearly all VA loans are considered “safe harbor” […]

Real Estate: Was Moving To Pensacola A Mistake?

Real Estate: Was Moving To Pensacola A Mistake?

Pensacola got hit with a tornado last week, an event which raises a question: Was moving eight months ago to a place with great beaches and no state income tax a mistake? Surely that’s a question which must have occurred to someone. After all, a tornado that squashed an apartment building, uprooted trees and damaged […]

FHA Mortgages Face New Loan Competition

FHA Mortgages Face New Loan Competition

FHA mortgages have been under fire for a very long time, not because they’re a “bad” form of financing but because they’re an example of government directly competing with the private mortgage insurance companies. To resolve this “problem” there have been various back-door efforts to scuttle the FHA program, but now the lending industry is […]

Auction.com Set To Sell American Chopper Building

Auction.com Set To Sell American Chopper Building

American Chopper is back in the news. The company’s iconic headquarters building – which symbolized the enormous success attained by Orange County Choppers – will soon be auctioned off. American Chopper was unlike any television show in recent memory, or maybe ever. Over 165 episodes it illustrated the inner workings of the American workplace, something […]

Real Estate Stats Super Bowl Refs Don’t See

Real Estate Stats Super Bowl Refs Don’t See

What really happened in real estate between the first Super Bowl in 1967 and the 50th version which just took place in San Francisco? Figures from the Census Bureau and other sources tell us that in many cases measurable things are vastly better — and in other situations not so much. The first Super Bowl […]