There’s a lot of talk about the Federal Reserve cutting back their buying of mortgage bonds, which is known as tapering. The purchases of mortgage bonds have helped keep interest rates low. This can be very important to you if you are considering purchasing a home or looking to refinance your current mortgage to save… Read More
Tips & Tricks from My Blog
More Housing Bubble Fears in the Media
Home prices have risen 41% since 2006. This has prompted another round of media fearmongering that a housing bubble is imminent. As you know, the media has been talking about a housing bubble for the past several years, only to see home prices continue to be well supported. Comparing today’s housing market to the market… Read More
To Buy or To Rent?
Deciding between buying or renting your next home? It’s true that home values have gone up quite a bit, but so have rents. In fact, the largest landlord in the US, Invitation homes, said that rents have gone up 14% since last year and they forecast that rents will continue to go up about 6%… Read More
Is the Housing Boom Over?
The latest MBA data shows that home purchase applications are down 18% which is causing the media to interpret this as bad news for housing. But what’s really going on? When you take a closer look, cash buyers aren’t captured in the mortgage application data. When we figure in the big increase in cash buyers,… Read More
Don’t Delay Your Home Purchase or Refinance
Are you thinking about purchasing a home or refinancing your current loan? If so, I want to make sure you’re aware why now may be a great time to move forward. Interest rates are historically low, thanks in part to the Fed’s buying of Mortgage Backed Securities. But recently, the Fed has been coming under… Read More
Is Housing Slowing?
Are you thinking about purchasing a home, but media headlines have you wondering if we’re headed for the next housing bubble? The media often looks at the reports to create the most eye-catching headlines, even if they don’t tell the real story. For example, the Mortgage Bankers Association released their mortgage application data showing that… Read More
