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 […]

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, […]

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 […]

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 […]

Inflation and Home Loan Rates

As inflation rises, it typically causes mortgage rates to move higher as well. That’s because inflation is the arch enemy of interest rates, since it erodes the buying power of the fixed return that a mortgage holder receives. While inflation may look tame to everyone at this time, it’s my job to dig deeper for […]

Recent Move in Rates

Home loan rates have been moving higher of late, but they’re still at very attractive levels that are close to historic lows. The massive stimulus plans are causing fears of inflationary pressure – and remember inflation is the arch enemy of interest rates. This is because inflation erodes the buying power of the fixed return […]

Recent Move In Rates

  Rates have risen a little recently, due to the market’s concern that there will be increased spending, debt, and inflation.  The 10-Year Treasury yield is now at its highest level in a year.  How can this happen when the Fed Funds Rate remains at zero?  Let’s remember that the Fed Funds Rate and Mortgage […]

The Real Scoop on Affordability

Home prices are appreciating, and they will continue to do so. So, does that mean they’re less affordable? The media mistakenly looks at the significant move higher in the median home price, which is currently up 15% versus last year. But the median home price does not measure appreciation. Instead, it marks the middle price […]

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