Category Archives: Mortgage Rates

“Five and Six Percent Commission are Over” CNBC Fred Glick on 12/31/2018 announced that paying 5-6% for real estate commissions are dead.  Official.  Done. {...}

Mortgage Interest Rates are Too High

The concern about interest rates is tied to everything else that is happening.  Brexit, the tariff games, the issues with the special counsel, price of housing, etc. People have taken all of that and said that they need stability in the econom {...}

Mortgages with Student Loans Just Got Easier

Currently, student loans that are in repayment are subject to different requirements than those that are in deferment or forbearance. In response to Seller feedback, we reviewed our requirements for liabilities included in the monthly debt payment-to {...}

Trump tariffs on China could bring higher mortgage rates. Really high.

Could the tariffs being imposed on China end up destroying the U.S. real estate market in 30 seconds? The Chinese are one of the biggest buyers of mortgage backed securities and U.S. treasury notes. If they decide to sell a big share of them and the {...}

Get to the Point

Don’t be scared by higher mortgage rates. The IRS will help you! Heard across America: “Oh my freaking God. Rates went into the 4’s instead of the 3’s. The world is over. I can’t buy, I am stuck!!!!” No, you’re not. People ask me, What {...}

Solution Number One to Housing Crisis

Down payment guidelines must change. I don’t play ice hockey goalie anymore. Why? I’m way too slow for the new punks playing the game. Some of the mortgage underwriting guidelines are way too slow for the new buyers. If you have read my posts be {...}