Quantcast

Author Archive: Peter G. Miller

Syndicated in more than 125 newspapers nationwide and published in various outlets, media and non-media, online and off, Peter G. Miller is the author of seven books originally published by Harper & Row, including one with a co-author. More than 300,000 Miller books are in print. Mr. Miller has appeared in hundreds of media outlets including Oprah!, the Today Show, This Morning, CNN, MSNBC, and NPR. He was the creator and original host of the AOL Real Estate Center and has also produced a number of major advertorial features for The Washington Post.

rss feed Facebook Twitter Pinterest Google Plus LinkedIn

Author's Website →

Mortgages: The Fed Wants To Raise Rates, Blah, Blah, Blah

Mortgages: The Fed Wants To Raise Rates, Blah, Blah, Blah

The Fed’s hint last week that it may again raise mortgage rates sent an instant shudder throughout the mortgage marketplace. Mortgage interest levels for 30-year fixed-rate financing “shot up” into the 3.7 range and the usual dark murmurings about the hideous impact on home sales began to circulate. We’ve seen this show before. For much […]

Is Mortgage Shopping Too Quick?

Is Mortgage Shopping Too Quick?

Has mortgage shopping become too quick and easy? Or, are speedy mortgages a good thing, evidence that automated loan services are a growing success, making it easier to get financing with fewer hassles? “On average,” reports Zillow, in a just-released study, “Americans spend just eight hours researching their home loan, and obtain just four quotes […]

Real Estate: Are There Limits To Housification?

Real Estate: Are There Limits To Housification?

We tried, we really tried. Housification™ – the effort to continually raise homeownership levels – seems to have a natural limit within the US. The homeownership rate stood at 63.5 percent for the first quarter of 2016, the very same level we had 50 years ago. Increasing levels of homeownership has been a national goal […]

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 […]

Trump, Sanders on Recession & Real Estate

Trump, Sanders on Recession & Real Estate

  Donald Trump says America is on the verge of a “massive recession,” a view which is not just widely shared, it’s a reality for tens of millions of people. While it may seem strange to the economists who have largely lined up against the Trump perspective, the idea that the American economy is not […]

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 […]

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 […]