Jobs report exceeds. Will 30-year rates hit 4.5%?  What should you do?

Jobs report exceeds. Will 30-year rates hit 4.5%?  What should you do?

An unexpectedly strong jobs number for July has bolstered the case for investors who believe Treasury yields will head higher over the rest of the year. Goldman, BofA, and Blackrock are predicting a 50% rise in treasuries by year end.  What does this mean for mortgage...
Pres Biden implements new eviction ban until October 3, Is this a gift for property owners?

Pres Biden implements new eviction ban until October 3, Is this a gift for property owners?

  In a last-ditch effort, President Biden implemented another eviction moratorium until October 3rd.  What does this mean for real estate property owners?  Will this ban hold up in court?  Could this moratorium be a good thing for property owners?   What is...
Pres Biden implements new eviction ban until October 3, Is this a gift for property owners?

Home rents jump highest in 15 years

I have been saying for months that rent growth would accelerate.  The numbers are in and according to Corelogic, Single-family rents were up 5.3% year over year in April, rising from a 2.4% increase in April 2020. Nationally, rent growth exceeded pre-pandemic rates...
Jobs report exceeds. Will 30-year rates hit 4.5%?  What should you do?

New Proposed tax plan will hit property owners and cost you millions.

    I am always amazed at how out of touch our elected officials are with what happens in the real world.  The new tax plan circulating through Congress is no exception with the supposed target high net worth taxpayers, but middle class, small business...
Unintended consequence of Forbearance/Eviction moratoriums Wall street the new landlord

Unintended consequence of Forbearance/Eviction moratoriums Wall street the new landlord

We are now well over a year into the pandemic and forbearance/eviction moratoriums abound with property owners and lenders essentially “stuck” with limited or no cash flow.  Unfortunately, many in Washington and local governments do not fully understand how real...
10 year treasury soars, mortgage payments could rise 33%,  How high will rates go?

10 year treasury soars, mortgage payments could rise 33%,  How high will rates go?

Before getting into the details, I can quickly answer the first question with 100% certainty.  Will Mortgage rates rise substantially in 2021? Yes they already have and will go even higher!  Why are mortgage rates rising while the federal reserve pledges to keep rates...