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How Real Estate Impacts the US Economy

Be careful what you wish for. With home prices rebounding strongly, many investors are now starting to wonder whether we’re back in another housing bubble. Fortunately, I think the answer is no,...

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2014 Outlook: New Mortgage Rules Reshape the Market

More than seven years after the subprime bubble began to deflate, lenders and borrowers will begin operating under a new set of rules. Phasing in starting on Jan. 10, these regulations will take direct...

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Mortgage rates move higher, 5% predicted next year

Mortgage rates now are up more than a full percentage point from the same time a year ago, and one industry firm predicts they will hit 5% next year for the first time since 2010. Mortgage buyer...

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When You Should Refinance Your Home

With the U.S. economy on the road to recovery and interest rates on the rise, many people have already taken advantage of low rates to refinance their mortgages. Yet there still remains time for those...

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Why Getting a Low Mortgage Rate Is Mostly Up to You

It’s not surprising that interest rates recently rose as the Fed committed to reducing its mortgage bond buying starting this month. Most consumers know that there’s a multitude of factors affecting a...

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Mortgage & Market News – Tuesday – March 18, 2014

Housing starts decline three months in a row. Consumer prices rise on higher food prices. Two-day Fed meeting kicks off today. The Commerce Department reported that Housing Starts were steady last...

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Alarming Housing Forecast Matters to All of Us

Lost in the constant and unending stream of national headlines last week was a troubling bit of economic news that could negatively impact each and every one of us. The Mortgage Bankers Association...

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NY State manufacturing improves | U.S. growth forecast weakens | Home...

Monday – June 16 The manufacturing sector of the economy got a boost in June as the sector expanded more than expected. The New York Manufacturing Index rose to 19.3 and was up significantly for the...

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July job creations slip | June Construction spending dips | Consumer...

Friday – August 1 U.S. employers added new workers at a steady pace in July, though down from the numbers that were created in June as the U.S. economy continues to recover. The Labor Department...

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Housing Starts rise | Consumer Sentiment at 7-year high | Black Friday to...

Friday – October 17 Construction for homes across the nation edged up in September, which is a positive sign for the overall economy. The Commerce Department reported that Housing Starts rose by 6.3%...

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