by Glen | Apr 14, 2021 | General real estate financing information, hard money, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, Residential hard money, residential lending valuation
There is a tidal wave of distressed homeowners who will need help,” Dave Uejio, the CFPB’s acting director, said in a statement; companies “that are unable to adequately manage loss mitigation can expect the bureau to take enforcement or supervisory action.” At the...
by Glen | Mar 31, 2021 | commercial property trends, Coronavirus 2020 real estate impact, coronavirus 2021 real estate impacts, Government Bailout, hard money, Housing Price Trends / Information, Private Lending, Real Estate economic trends, real estate investing, Real estate Valuation, Residential hard money
For the first time in a year, since Covid-19 began spreading across the United States forcing Americans to stay home, retail alcohol sales have fallen almost 2%. Why the change in alcohol sales? No, people are not consuming less alcohol. What does this mean...
by Glen | Mar 18, 2021 | Colorado Hard Money, commercial property trends, Georgia hard money, hard money, Housing Price Trends / Information, interest rates, Real Estate economic trends
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...
by Glen | Feb 16, 2021 | Coronavirus 2020 real estate impact, coronavirus 2021 real estate impacts, General real estate financing information, Government Bailout, hard money, Hard Money Lending, Housing Price Trends / Information
10 million Americans are behind on their mortgage payments, with the majority of these late payments occurring in FHA loans. At the same time Millions are out of work, yet house prices are increasing in most markets. What was in the new forbearance agreement? How...
by Glen | Feb 10, 2021 | hard money, Housing Price Trends / Information, Real Estate economic trends, Real Estate Trends, Real estate Valuation
Within the new proposed Covid relief proposed by the president is a requirement that the minimum wage increase nationally to fifteen dollars an hour. What impact will this have on housing affordability? How will this increase in minimum wage affect commercial and...
by Glen | Jan 19, 2021 | Commercial Lending valuation, commercial property trends, Denver Hard Money, General real estate financing information, hard money, Housing Price Trends / Information, interest rates
Denmark, the country with the longest history of negative central bank rates is offering homeowners 20-year loans at a fixed interest rate of zero. This is very similar to the zero percent financing on cars in the US except you are buying a house. What does this...