by Glen | Oct 12, 2018 | Commercial Lending valuation, Housing Price Trends / Information, Private Lending, Property Valuation, Real Estate Trends, residential lending valuation
Mortgage rates for a 30-year mortgage bottomed our around 3.4% in July of July of 2016. Rates recently broke through the 5% mark and the 10-year treasury just hit a 7-year high. At the same time Well’s Fargo announced it was laying off over 600 mortgage workers and...
by Glen | Nov 11, 2017 | Real Estate Trends
Last week Trump announced Jerome Powell as his pick to lead the federal reserve bank replacing Janet Yellen. What does this mean for the trajectory of interest rates? How is Powell working with Shake Shack to keep rates low? Will there be any radical changes going...
by Glen | Nov 30, 2016 | CO Biz Magazine, Commercial Lending in the news
I’m a big believer in self reflection, and when I am wrong, coming out and saying it. I wrote an article, let if float, where I, like pretty much everyone else in the industry, predicted rates would stay low. Unfortunately, the last week has taught us that these...
by Glen | Oct 14, 2016 | Commercial Lending valuation, Hard Money in the News, Housing Price Trends / Information
Let it float! I’m talking about rates that is. Why would anyone not lock in a mortgage at these historically low rates. It is a foregone conclusion that rates will increase in December (more than 80% of economists feel a hike will occur: WSJ). With such strong...
