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Archive for September, 2016

Does America Have A Mortgage Rate Hangover?
By September 26, 2016 0 Comments Read More →

Does America Have A Mortgage Rate Hangover?

Mortgage rates fell after last week’s decision by the Federal Reserve to keep bank rates both steady and low. The Fed’s inaction was hardly a surprise, it could not raise rates just before a presidential election and in an economy which remains iffy and fragile. The bigger question is how long low rates – including […]

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Mortgage Rates: Why The Fed Won’t Raise Interest Levels
By September 19, 2016 0 Comments Read More →

Mortgage Rates: Why The Fed Won’t Raise Interest Levels

Will mortgage rates keep rising? It’s not much of a question, given that rates have “soared” to 3.5 percent according to Freddie Mac. On Wednesday the Fed will announce whether or not it will raise bank rates. Here’s a clue: It won’t. And one by-product of such a decision will be less pressure on mortgage […]

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Mortgage Rates: Should You Worry About Battered Bank Profits?
By September 12, 2016 0 Comments Read More →

Mortgage Rates: Should You Worry About Battered Bank Profits?

Pity the nation’s poor banks. According to USA Today, they’re suffering. “While analysts say a Fed rate hike and higher rates overall would be welcome news for banks’ battered bottom lines, the specter of higher borrowing costs slowing economic activity was viewed as trouble for most sectors,” says the paper. (See: How bank stocks could weather […]

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Real Estate: Can America Afford To Lose 11 Million Immigrants?

Real Estate: Can America Afford To Lose 11 Million Immigrants?

At the center of this year’s presidential debate is the question of how to treat our most-recent immigrants, especially those who have not gone through the formal application process. Are they “undocumented” immigrants or “illegal” immigrants? Are we willing to give up more than three million home sales to find out? While the question of […]

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