Clik here to view.
Builders React-- Housing Starts Hit 8-Yr High
The Commerce Department today released some data indicating the economy is headed in the right direction. Builder’s confidence is higher and is reflected in the number of new housing starts in July to...
View ArticleClik here to view.
Another Wave of Bank-Owned Homes
There might very well be a change in housing inventory over the next few months which could help home values slow their pace. According to RealtyTrac, the housing data firm, banks have been more...
View ArticleClik here to view.
No Rate Cut After All?
After two straight days of >500 points losses on the Dow, it appears Wall Street is making a comeback. Yesterday, the Dow plunged more than 3.5 percent and while there is somewhat of a rally today,...
View ArticleClik here to view.
Private Note Primer
If you’ve ever thought of investing in private notes, or maybe you’ve never even thought of the idea, it’s an excellent way to provide solid, double digit returns. But they’re not as exotic as they...
View ArticleClik here to view.
Q2 GDP Revision Surprises
The second revision of Q2 GDP was released this morning among the din of stock market news. China and oil both have been roiling the markets but it does appear there is some semblance of balance....
View ArticleClik here to view.
Manufacturing Slows, Rates for Real Estate Investors Fall
Here we go again? It seems stocks can’t hold their gains and a somewhat of a meager attempt at a comeback is falling short. It didn’t seem that too long ago that the DJIA was having trouble staying...
View ArticleClik here to view.
CFPB, TRID, TIL and RESPA
Okay, we’re less than 30 days away from one of the bigger changes in the residential mortgage lending process and the acronym for these changes is TRID. This acronym replaces these acronyms, GFE, TIL...
View ArticleClik here to view.
Job Numbers a Mixed Bag
It was a three-day weekend and many turned it into a four-day affair. The Bureau of Labor Statistics came out with its monthly unemployment report and non-farm payroll numbers. “Experts” were...
View ArticleClik here to view.
Prime Rate to Move in Lockstep with Fed Action
For active investors there is always one eye on the markets. Well, most usually there is and the talk ultimately centers on what the Fed will do or what the Fed won’t do. We even talk about it here on...
View ArticleClik here to view.
Homeownersihp at 50 Year Lows-- Rental Market Hot
If you’ve been heavy in bonds and light on equities over the past several months, you’re likely patting yourself on the back. Mortgage bonds in particular have traded in a very tight range over the...
View Article
