Time to Look at Removing PMI

If you’re still paying PMI on your mortgage, now may be a great time to look at refinancing and fixing that. According to Moody’s Analytics, single-family home prices are now above their previous-decade peak in more than 40% of markets....

Happy New Year 2016!

As 2015 draws to a close, hour by hour, I find myself looking back on 2015. To be sure, it’s been a year where tragedy and bad news has prevailed more than most. But there were also plenty of good, positive, inspiring news stories this year, and as we head into...

China to Face Economic Crisis in 2016

JP Smith, who accurately forecast the 1998 Russian stock market crash, says China is in for a bust as bad as the ’08 U.S. mortgage bust, next year. TheStreet.com provides detailed coverage, on the reasoning, state of the Yuan (the Chinese currency),...

Looking Into The Crystal Ball

If you’ve been reading this blog for a while, you know that I generally scoff at predictions. Few people are as accurate as Cassandra. Still, with the proper use of data, some predictions can be better than others. Mitch Lipka...

Millennials Messing Up The Market

To be fair, the causality might not work in this direction, but if you want to know if you’re in a good market to buy, all you have to do is look at whether Millennials are moving to your town or not. According to RealtyTrac, buying is still more cost...

CNBC Agrees — Fed Move Won’t Affect Mortgages

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...