The Oldest and Most Trusted Real Estate News Magazine

MBA: Mortgage Applications Decrease in Latest Weekly Survey

By
MBA: Mortgage Applications Decrease in Latest Weekly Survey

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 2.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 27, 2017. … The Refinance Index decreased 5 percent from the previous week. The seasonally adjusted...
Read more »

Are house prices a new bubble?

By
Are house prices a new bubble?

On Friday, I posted five economic questions I’m frequently asked. I’ll post some thoughts on each of these topics over the next couple of weeks. A common question is: Are house prices in a new bubble?  My short answer was: No.  Here is an explanation. First, we need to define a bubble. Way back...
Read more »

Tuesday: Case-Shiller House Prices

By
Tuesday: Case-Shiller House Prices

From Matthew Graham at Mortgage News Daily: Mortgage Rates Lowest in a Week Mortgage rates recovered even more of their recent losses today … Whether this proves to be a turning point in the bigger picture remains to be seen.  Rates are in a well-established uptrend.  Tuesday:• At 9:15 AM ET, S&P/Case-Shiller...
Read more »

Urgent – New IRS Rules for LLCs and LPs

Urgent – New IRS Rules for LLCs and LPs

The IRS has instituted new audit rules which require every LLC Operating Agreement and Limited Partnership (LP) Agreement to be amended.  While we have never experienced such a dramatic requirement, it is important to make document amendments before December 31, 2017.  The IRS likes to penalize non-compliance. Read the rest of Urgent – New...
Read more »

Fannie Mae Study: More Baby Boomers To Enter Retirement With Mortgages

Fannie Mae Study: More Baby Boomers To Enter Retirement With Mortgages

Recent studies have found that saving for retirement has become a bit of a financial afterthought, as more Americans are actually saving for an upcoming vacation than they are for economic security in their golden years. In fact, a 2017 NerdWallet survey found that 56% of young women between the ages of 18 and...
Read more »

Six Basic Rules of Investing

Six Basic Rules of Investing

One of the things I love most about my work is seeing people move from the left side of the CashFlow Quadrant to the right side of the quadrant. The process of moving from being an employee or self-employed to a business owner or sophisticated investor is a bit like that of a caterpillar...
Read more »

Thursday: Trade Deficit, Unemployment Claims

By
Thursday: Trade Deficit, Unemployment Claims

From Matthew Graham at Mortgage News Daily: Mortgage Rates Still Holding Near Recent Highs Mortgage rates were very slightly lower today, but not by enough to have an impact on the actual interest rates being quoted.  Specifically, the “effective rate”–which factors upfront costs into an overall cost of financing is slightly lower due to changes in...
Read more »

Tuesday: Vehicle Sales

By
Tuesday: Vehicle Sales

From Matthew Graham at Mortgage News Daily: Mortgage Rates Mixed, but Higher on Average Mortgage rates were lower today for a few lenders, but higher for most others, dragging the average 0.01% higher in terms of effective rates.  Note rates (which don’t factor in the upfront costs associated with a loan quote), on the other hand,...
Read more »

Cities Offer Tax Breaks To Amazon As HQ2 Competition Draws To A Close

Cities Offer Tax Breaks To Amazon As HQ2 Competition Draws To A Close

Online retail giant Amazon Inc. has received multiple offers of tax breaks as a part of the company’s national competition for Amazon’s second headquarters. According to Reuters, the HQ2 competition came to an end on Thursday, October 19, and will include up to 50,000 new jobs and a $5 billion investment for the winning...
Read more »

Sitemap Madbadcat Graphics