Fed lowers rates, will mortgage rates rise?

Fed lowers rates, will mortgage rates rise?

  The million dollar question is where do interest rates head from here.  The Federal reserve has hinted at more upcoming cuts, what does this mean for mortgage rates?  Does the federal reserve actually control mortgage rates? How is the treasury department...
Property Insurance rates set to jump by 50%; why and who pays?

Property Insurance rates set to jump by 50%; why and who pays?

  The mortgage industry should be prepared for large increases in insurance premiums up to 50% according to the Situs Whitepaper. Jennifer Rasmussen, one of the reports authors stated that the average homeowner “was not cognizant of the sheer magnitude of these...
What city is now banning Airbnb? Do nightly rentals drive up rents?

What city is now banning Airbnb? Do nightly rentals drive up rents?

Over the years there have been a lot of theories that nightly rentals are increasing long term rents of full-time residents. Recently NY analyzed nightly rentals in various boroughs to calculate the increase in lease rates. This is the first real study I have seen on...
Shortage of homes will keep prices high… think again; Is there really even a shortage?

Shortage of homes will keep prices high… think again; Is there really even a shortage?

I just saw an article on CNBC with the headline: America is short 5 million houses.  The media is proclaiming a housing crisis throughout the country due to the shortage.  Ironically at the same time the US has hit a record for the slowest population growth in the...
House prices hit another record, what is now driving house prices?

House prices hit another record, what is now driving house prices?

It is astonishing that house prices continue higher in the face of high interest rates and a slowing economy.  The media keeps pinning the continued appreciation on lack of supply even while listings in places like Denver have jumped 33% year over year.  What is...
70 Percent more expensive to buy vs rent.  What does this mean for real estate prices?

70 Percent more expensive to buy vs rent.  What does this mean for real estate prices?

There is a huge premium to buying a property compared to renting.  It is now 70% more expensive to buy vs rent a property, which is considerably higher than at any time in the last fifty years.  What is causing the large divergence in renting vs buying?  What does...