39% drop in real estate refinancing; Denver drops 44%

39% drop in real estate refinancing; Denver drops 44%

Mortgage rates for a 30-year mortgage bottomed our around 3.4% in July of July of 2016.  Rates recently broke through the 5% mark and the 10-year treasury just hit a 7-year high.  At the same time Well’s Fargo announced it was laying off over 600 mortgage workers and...
Markets plunge 7%, has the fed gone “loco”; real estate impact?

Markets plunge 7%, has the fed gone “loco”; real estate impact?

This past week has been a rough ride with the S&P losing over 7%.  Is this a minor correction or something more?  President Trump says blame the “loco” fed not the China trade war.  Is he correct?  What are the drivers of the recent decline and what does this mean...