New Proposed tax plan will hit property owners and cost you millions.

New Proposed tax plan will hit property owners and cost you millions.

    I am always amazed at how out of touch our elected officials are with what happens in the real world.  The new tax plan circulating through Congress is no exception with the supposed target high net worth taxpayers, but middle class, small business...
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...
Impact of 1.9 trillion stimulus on real estate: Larry Summers is worried should you be?

Impact of 1.9 trillion stimulus on real estate: Larry Summers is worried should you be?

I took this pic of a bear in my backyard staring at me while I was sitting on the porch, it was a good reminder….  1.9 trillion is a huge number flowing through to the economy in one fell swoop.  What do both Republican and Democratic economists agree on...
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...