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We reported yesterday on a blog post that the Federal Reserve put out, arguing their case that the rate hike shouldn’t have any impact on long-term, fixed rate mortgages. It turns out, they’re not the only ones who think that. CNBC wrote a similar piece last week. The...

The Fed doesn’t want long-term mortgage interest rates to rise. At least, that’s the conclusion we draw from a blog post they released, Monday. The post goes to great lengths to draw the conclusion that their recent rate hike shouldn’t affect long-term mortgage rates....

There are many reasons to think that the housing market is still in great shape; that it can easily withstand the next year’s worth of rate hikes. And the next few months are still likely a great time to buy, seasonally, even if the weather isn’t particularly wintery...

There is a very long list of things that one must consider when buying or building a house. Now, there’s one more to add to the list: man-made hazard risk. This is only the second year it’s been conducted, but RealtyTrac just released  it’s annual Manmade...

It seems that for the entire year, all the data on building permits have been good, but people have been slow to actually break ground. That’s perhaps changing, finally. A Reuters journalist reporting on the general economy agrees with everyone else that the overall...

The Fed just announced the first increase in the “benchmark target rate” for the first time since 2006. The problem for most of us mortals is, not only do we not know what the Fed is, nor what the target rate is, but we really don’t know what this means or why it...

Monday, USA Today carried an interesting piece, touching on the likely impacts of a Fed rate increase. The article focused on the auto and home industries in particular, and for their housing analysis, they came to the same conclusion that everyone else has for...

We’ve written several times over the last few months about the housing market finally being, if not fully, than at least very nearly fully recovered. Of course, that’s good for the housing market. But Bloomberg wrote yesterday about The End of The Housing Hangover....

In a fairly obscure piece of mortgage related news, the EU’s European Securities and Markets Authority (ESMA) has proposed relaxing their current two-day liquidation period, at least when dealing with U.S. mortgage-backed securities (the U.S. has a one-day period)....

There are a lot of regulations in the mortgage industry. Mostly, you don’t need to understand them — that’s why you have a loan officer and work with a professional institution. Nevertheless, you’ll get exposed to a bunch of acronyms, and it’s always frustrating when...