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...
BOA predicts a housing “mother of all asset bubbles”      

BOA predicts a housing “mother of all asset bubbles”      

As a result of the current loose monetary policy and additional stimulus coming down the pipe, “imbalances” within the economy are starting to form. BofA predicts a 10% drop in stock prices.  What are other experts saying on the stock market?  How will this impact...
Urban Real Estate: Violent crime skyrockets; gentrification reverses.

Urban Real Estate: Violent crime skyrockets; gentrification reverses.

The statistics are staggering.  Violent crime in Atlanta is up over 30% from 2019.  Unfortunately, this is not unique to large cities. According to Crime data from Denver Police there have been 44 homicides this year so far, that is up from 31 at the same time last...
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...