A Tale of Two Decades

~ I think this is a really good outline of the last 10 years, hopefully you find it helpful. Let me know if you have any questions! ~ A Tale of Two Decades   From a macroeconomic perspective, the mortgage market entering 2008 was in tatters. The collapse of the subprime and the Alt-A markets, … Continue reading A Tale of Two Decades

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Rising mortgage rates could mean even fewer homes for sale this spring

~ Don't wait to buy if you are interested. You don't want to be priced out by rising interest rates ~ Rising mortgage rates could mean even fewer homes for sale this spring There is still plenty of snow blanketing a wide swath of the nation's neighborhoods, but the spring housing market is just around … Continue reading Rising mortgage rates could mean even fewer homes for sale this spring

Are Tax Reforms Worth the SALT in High-Priced Markets?

~interesting read, but I wish they gave more #s to show~ Are Tax Reforms Worth the SALT in High-Priced Markets? An analysis released by real estate insights and analytics firm HouseCanary, has estimated the effects of the tax reforms bill on the housing market across major metropolitan and suburban areas (MSA) especially when it came … Continue reading Are Tax Reforms Worth the SALT in High-Priced Markets?

A Fight Over the Credit Score Lenders Use for Your Mortgage

~very interesting, what do you think?~ A Fight Over the Credit Score Lenders Use for Your Mortgage Banks and rival lenders are butting heads over the credit scores used to decide millions of mortgage requests by U.S. home buyers. Now, a federal agency is weighing whether to step into the fight, which revolves around a … Continue reading A Fight Over the Credit Score Lenders Use for Your Mortgage

New tax laws may kill the beach house dream

New tax laws may kill the beach house dream Dreaming of a beach house? You might want to think twice about that, given tax changes that just kicked in will make owning a vacation home more costly and may tank the resale value of the second-home market. Prices could drop about 10 percent in some … Continue reading New tax laws may kill the beach house dream

6 Steps to Improve Your Financial Situation (in a Way That Actually Lasts!)

~what a great way to start the new year~ 6 Steps to Improve Your Financial Situation (in a Way That Actually Lasts!)  “Where did the money go?” My wife’s words lingered. I didn’t have an answer. Several months earlier we had received a very generous gift of $10,000 from a family member. Now it was gone. … Continue reading 6 Steps to Improve Your Financial Situation (in a Way That Actually Lasts!)

6 things investors need to know about the new tax plan

6 things investors need to know about the new tax plan After weeks of headlines suggesting that new tax rules would make life harder on them, investors and retirement savers can breathe easier with the final tax bill. Many of the more significant proposals failed to make it in. Still, there were some important changes, … Continue reading 6 things investors need to know about the new tax plan

Fannie Mae Offers $10M to Solve Affordability Issues

Fannie Mae Offers $10M to Solve Affordability Issues Fannie Mae is offering $10 million for solutions to the country’s affordable housing issues.  The government-sponsored enterprise issued its Sustainable Communities Innovation Challenge earlier this week. As part of the Challenge, Fannie Mae is requesting proposals from the public, private, and nonprofit sectors for “promising ideas that will … Continue reading Fannie Mae Offers $10M to Solve Affordability Issues

5 Market Conditions to Impact the Housing Industry

~ good info ~ 5 Market Conditions to Impact the Housing Industry The mortgage industry will face several major challenges in 2018 and beyond as housing prices continue to climb, interest rates rise, and affordability challenges remain the biggest obstacle for many potential homebuyers. Increased competition and tighter margins will lead to additional industry consolidation. … Continue reading 5 Market Conditions to Impact the Housing Industry

How Many Bitcoins Does it Take to Purchase a Home?

How Many Bitcoins Does it Take to Purchase a Home? In the not too distant future, if someone were to ask, “How much did your home cost?” the answer would probably be, “18 bitcoins.” For that’s the going rate for an average American home in cryptocurrency, according to a recent analysis reported by Redfin. Although … Continue reading How Many Bitcoins Does it Take to Purchase a Home?