What do Tariffs mean for real estate and interest rates

What do Tariffs mean for real estate and interest rates

  70% of lumber and 30% of drywall comes from Canada which could be subject to tariffs, what does this mean for the average build cost of a house?  What does the chart above have to do with Tariffs?  Will tariffs meaningfully impact real estate build costs and...
Marry, the house, date the rate, ready for a shotgun wedding

Marry, the house, date the rate, ready for a shotgun wedding

  In almost every real estate advertisement I receive, there is a common theme that prospective buyers should not focus on the rate as they will be able to refinance relatively soon at a much lower rate.  How true is this theory?  (hint anyone who bought into...
Credit scores surge, why? what is hiding?

Credit scores surge, why? what is hiding?

Wow, look at the huge increases in credit scores over the last 15 years.  This has occurred even as student debt, auto debt, and credit card debt have all surged.  Has the US all the sudden become much more credit worthy or has something else changed? What does this...
Will Mortgage rates stay higher forever?

Will Mortgage rates stay higher forever?

  Wow, 2024 was definitely a surprise, at the beginning of the year, there were huge predictions of a rapid decline in rates, fast forward to 2025 and now rates are actually rapidly increasing even after the federal reserve cut short term rates.  Why are rates...
Year of the elk, are you ready

Year of the elk, are you ready

The above is a picture of my windshield after a chance early morning encounter with an elk; I walked away while my car was basically totaled.  Why is 2025 the year of the elk as elk should typically be the least of your worries?   What does this mean for the upcoming...
Will mortgage rates drop anymore in 24, how about 2025?

Will mortgage rates drop anymore in 24, how about 2025?

  When I was writing this article mortgage rates were hovering right around 7%.  At the same time economists had been predicting a sharp decline in mortgage rates and a booming 2024 real estate market as the fed has cut rates.  On the other hand, the chart above...