Interest rates jump again, are they really going to decline this year?

Interest rates jump again, are they really going to decline this year?

As suspected the March consumer price index came in hotter than expected which should be no surprise to anyone buying groceries, going out to eat, or traveling, everything is considerably more expensive and there continues to be insatiable demand.  What does this mean...
Car loan defaults rise what does this mean for real estate

Car loan defaults rise what does this mean for real estate

According to everything I’ve read, the economy is humming along.  Economic growth is good, the labor market is healthy, and a soft landing is  all but inevitable.  At the same time lenders are acting polar opposite of what we should expect.  Why are lenders all the...
Senate calls for Fed to lower rates; will the fed oblige?

Senate calls for Fed to lower rates; will the fed oblige?

  The market currently has a fixation on interest rates.  Senators are now jumping on the bandwagon pushing the federal reserve to “immediately” cut rates to help the real estate market and affordability.  Unfortunately, the senators do not fully grasp how...
Clearest sign yet commercial real estate is in big trouble

Clearest sign yet commercial real estate is in big trouble

Foreclosures are surging in a risky corner of commercial real-estate finance, offering one of the most profound signs yet that turmoil in the commercial property market is just beginning.  Lenders this year have issued a record number of foreclosure notices for...
Will mortgage rates fall significantly in 2024?

Will mortgage rates fall significantly in 2024?

When I was writing this article rates were hovering right around 7%.  At the same time economists are predicting a sharp decline in mortgage rates and a booming 2024 real estate market.  On the other hand, the chart above shows a much different picture.  Where do...