by Jim Crowder | Aug 19, 2015 | HOUSING MARKET
There’s a curiosity happening in the current mortgage market. More people are buying more homes, and they’re buying them at higher prices. However, the total amount of outstanding mortgage debt amongst U.S. homeowners is actually flat, or even marginally...
by Jim Crowder | Aug 18, 2015 | HOUSING MARKET
Jeffrey Dorfman, a contributor to Forbes magazine, published an opinion piece yesterday afternoon title, “The Sneaky Path We Took To A Socialist Mortgage Market”. His essential premise is that when the Fannie and Freddie bailout occurred under the Bush...
by Jim Crowder | Aug 17, 2015 | HOUSING MARKET
Despite their reputation as a generation of renters, the truth of the matter is that many Millennials are buying homes. And they’re not just buying, they’re buying smarter than a lot of people did in the past. To be sure, they seem to be taking longer than...
by Jim Crowder | Aug 14, 2015 | HOUSING MARKET
For professionals in the housing industry, from real-estate agents to loan officers, and everywhere in between, the more successful you become, the harder it can be to find time to take a vacation. But, you still really should. In April’s issue of Realtor Mag,...
by Jim Crowder | Aug 13, 2015 | HOUSING MARKET
CNBC reported yesterday that mortgage application rates are basically unchanged at an increase of 0.1%, citing the Mortgage Bankers Association. However, hidden in that no-news number was a little bit of actual news, refinances were up substantially, with a...
by Jim Crowder | Aug 12, 2015 | HOUSING MARKET
A strong Employment Report, a real increase in hourly wages, and a low unemployment rate often collude to drive interest rates in a direction unfriendly to homebuyers or those with ARMs. The jobs report can have an immediate impact on your monthly mortgage...
