Bond Market Melts Down; Rates Shoot Higher (Again); What’s Really Odd…Yesterday, while we lounged on our sun-dappled verandas, savoring the cool sweetness of mint juleps, listening to the meadowlarks sing, and…22h ago22h ago
First-Time Homebuyers Get Much Lower Rates, Unless….Real Estate Agents — Here are some extremely important reminders about first-time homebuyer interest rates.1d ago1d ago
Moody’s Downgrades U.S. Debt; Rates Scream Higher! Uh oh…In 2020, Fannie and Freddie executives suddenly remembered that their firms were effectively government-sanctioned monopolies, allowing…3d agoA response icon13d agoA response icon1
Most Important Housing Data On The Internet: Housing Starts Vs. Household FormationsDarth Powell is the angriest man on the internet. But the good news is that he does not discriminate with his anger, as he viciously…6d agoA response icon16d agoA response icon1
MYTH: Low Interest Rates Mean Economy Will Boom; It’s The OppositeWhat is the one thing Mr. Trump is most confused about? (A question that will no doubt raise the ire of most of my readers. 😊) But for…May 15A response icon1May 15A response icon1
5% Down For A $1.6M + Fourplex; 3.5% Down FHA Too — But Be Aware of FHA’s Self-Sufficiency Rule!The “low-balance”/low-cost area “loan limit” (or max loan amount) for a fourplex is $1,551,250.May 14May 14
Welp… It Happened — And Interest Rates Skyrocketed As A Result! Can’t Say I Didn’t Warn EveryoneOn April 21st, I wrote this super famous blog that was read by millions…or maybe thousands; okay, maybe hundreds; all right, dozens at…May 12A response icon3May 12A response icon3
How We Know Mr. Powell Hates Trump; High Rates Won’t Stop Tariff “Inflation”But we know that is a myth, as Presidents have been pressuring Fed Chairs repeatedly over the last 100 years.May 9A response icon1May 9A response icon1
SELLER-Paid 2–1 Buydowns vs. LENDER-Paid 2–1 Buydowns — What’s The Difference?Our lender-paid 2–1 buydown offer is a huge hit. We had 170 requests for 2–1 buydown finance flyers last week alone, and our phones are…May 8May 8
Shockingly Large Percentage of People LIE About Owner OccupancyWhenever the real estate market gets hot, investors clamor into the market — further driving up prices.May 7May 7
