Biden halts foreclosures for 18 months, house prices up; no impact on “credit score”, but can’t get credit?

Biden halts foreclosures for 18 months, house prices up; no impact on “credit score”, but can’t get credit?

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...
Danes get 20 year mortgages at 0% what does this mean for the US market?

Danes get 20 year mortgages at 0% what does this mean for the US market?

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...
841 billion in forbearance, who will be left holding the bag? Will 2020 be a 2008 repeat?

841 billion in forbearance, who will be left holding the bag? Will 2020 be a 2008 repeat?

Almost 10% of all government sponsored mortgages entered mortgage forbearance which accounts for almost 841 billion dollars in loans.  4 in 5 workers say they live paycheck to paycheck, with around 30 million people unemployed, the numbers could be daunting. Yet the...
Wall street the new landlord: one in ten properties

Wall street the new landlord: one in ten properties

We are seeing interesting economic times; throughout the economy there is huge consolidation within industries as the big get even bigger.  Real estate is following a similar trajectory to big technology companies.  What is causing the huge changes in real estate? ...