Asking for a friend!

Uncategorized Jun 30, 2022
 

The following questions are asked to provoke thought and drive you the reader, into thinking about what the reality is in your market and the correct answer or response to the question!

Asking for a friend:

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Data shows solid interest!

Uncategorized Jun 23, 2022
 

The numbers continue to show that people, especially millennials, are interested in home ownership. Despite higher home prices and higher rates, loan applications are still strong for home purchase loans. While refinances are significantly off year over year due to higher rates, purchase...

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Information & Interpretation!

Uncategorized Jun 16, 2022
 

The FED FINALLY woke up and took a positive step toward dealing with inflation. Despite being less than what I would have liked to have done, 75bps and another likely 50 to 75 bps again in June should signal to the markets a serious approach to fiscal stability. The future remains to be seen, but...

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Opportunity Knocks

Uncategorized Jun 09, 2022
 

When opportunity knocks, answer the door!!! As the mortgage industry goes through another series of changes, you need to know how to take advantage of these changes. 

We have talked about the purchase to refinance balance for all originators. Never has that balance swung so far to the...

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When everyone is wrong!

Uncategorized Jun 02, 2022
 

It is very hard for markets to find their way when those in power and in control are just so WRONG all the time. When the former FED Chair and now Treasury Secretary Janet Yellen, someone who should know things about economic issues, absolutely gets inflation so incredibly wrong that she states...

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Planning for Summer

Uncategorized May 25, 2022
 

As May ends, people begin their thoughts of summer. Mortgage professionals are no different. Anyone who knows me and works with me understands I stress the value of vacations and time away from work unplugged. I push for a minimum of two full weeks unplugged from the work arena and a series of at...

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We need to ask WHY?

Uncategorized May 19, 2022
 

Are they facts, or are they excuses? Are the reasons people are not getting what they want, or even afraid to TRY and get what they want, based on the facts, or are they fiction?

I just wanted to pose three questions today and have you just think about them and maybe do a little of your own...

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It's NOT that high!

Uncategorized May 12, 2022
 

People are really complaining about mortgage rates. I understand that nobody likes when things get more expensive, but the truth of the matter is, rates are NOT that high! Yes, they are higher than they have been recently, and yes, you do have to go back to 2009 to find average mortgage rates in...

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News and nonsense!

Uncategorized May 05, 2022
 

Happy Cinco de Mayo!

The Fed raised interest rates yesterday by 50 basis points and signaled a reduction in the Fed balance sheet. While it was a good start in heading where they need to go, it’s about a year late! As expected, the bond market is happy with the announcement and while there...

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Strategies that keep WINNING!

Uncategorized Apr 28, 2022
 

As social media continues to scream about how bad the housing market is, how interest rates are going to cause the next housing bubble, and the list goes on an on. I feel the pain of those trying to tell the truth and explain the reality. The good news is, the reality, while not as good as it...

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