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Why “Tight” Mortgage Lending Is A Fantasy 26 Aug 2013 | 06:13 pm
Lenders are getting hammered with claims that they refuse to make loans, thus artificially creating a “tight” mortgage market. This is a great urban myth, somewhat like large alligators in the sewers...
Why The Fed Doesn’t Want To Raise Mortgage Rates 19 Aug 2013 | 06:06 pm
If you’re wondering where mortgage rates are headed you’re not alone. It used to be that mortgage rates reflected supply and demand but that’s no longer the case. The Federal Reserve is now spending ...
The Coming Real Estate Switcheroo 12 Aug 2013 | 06:06 pm
There’s little doubt that home prices are rising nationwide, but the government says we are still 11.2 percent below the values seen in April 2007. Rising home prices also mean that many if-not-most ...
Are Real Estate Mortgages Easier To Get? 9 Aug 2013 | 06:30 pm
The latest loan officer survey from the Federal Reserve says financing is easier to get. It also says mortgages are harder to get. I say the subjective feelings and fanciful intuitions recorded by th...
How DOMA Decision Will Help Mortgages & Real Estate 1 Jul 2013 | 06:45 pm
The Supreme Court’s Defense of Marriage Act decision is going to change real estate and mortgage lending. More people are going to come into the marketplace as buyers and borrowers, and that will be g...
Will Higher Mortgage Rates Kill Real Estate? 24 Jun 2013 | 05:53 pm
There’s no doubt that mortgage rates are on the rise. Freddie Mac says interest levels for 30-year fixed rate loans have risen roughly .6 percent since the start of May and there’s little doubt that t...
Immigration Reform Could Add $500 Billion In New Mortgages 10 Jun 2013 | 06:06 pm
A new study by the National Association of Hispanic Real Estate Professionals (NAHREP) estimates that immigration reform would create three million new home sales, $500 billion in additional mortgage ...
The Secret Group That Can’t Get A Mortgage 6 Jun 2013 | 06:10 pm
For all the complaints about getting a mortgage the reality is that the system is fairly simple: pick a lender, deliver 56 pounds of paperwork, and wait for an underwriter to approve the loan. Last ye...
HARP Mortgage Refinancing Program Extended Two Years 31 May 2013 | 06:11 pm
The government’s Home Affordable Refinance Program (HARP) will continue through December 31, 2015, according to the Treasury Department. Previously the program was scheduled to shut down at the end of...
Duck Dynasty, Donald Trump And Real Estate 28 May 2013 | 06:06 pm
If you had to pick the most-interesting show on television it likely would not involve controversy, conflict or Kardashians. Instead, it’s A&E’s Duck Dynasty, a show which is as much about real estate...
