Interest Rates

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Will Biden’s Housing Assistance Plan Help Housing?

My son and I recently visited a fast-food restaurant in CA’s Central Valley where the new minimum wage laws ($20 per hour starting in April) had been implemented – and […]

March 11, 2024 4 min read
Will Biden's Housing Assistance Plan Help Housing

If the Stock Market Crashes, What Happens to the Real Estate and Mortgage Industries?

“I hope the stock market continues to boom because that means more money for down payments, a willingness to buy no matter what, and more appraisals for me…” I have a friend in the SF Bay Area...

February 28, 2024 5 min read
If the Stock Market Crashes, What Happens to the Real Estate and Mortgage Industries

Booming Stock Market’s Keeping Rates High! 12-Day Closes; Giant Pool of Money

There are about 1,460 active listings in the two counties near our SF Bay Area office – the lowest number I have ever seen … by far! (In contrast, there were almost twice as many at this time in...

February 22, 2024 3 min read
Booming Stock Market's Keeping Rates High! 12-Day Closes; Giant Pool of Money

#1 Indicator For Interest Rates That Nobody Considers

This may be my most interesting blog of the year. In September I blogged about why I and so many analysts were so wrong about interest rates dropping in 2023: Why I Was So Wrong About Interest...

February 21, 2024 4 min read
#1 Indicator For Interest Rates That Nobody Considers

Dangerous Myth: “Market Is Soft So I Can Lowball”

One of the biggest misconceptions our pre-approved buyers have is that the market is soft because of today’s higher rates. While it is a fact that today’s higher rates are keeping an enormous...

February 16, 2024 3 min read
Dangerous Myth “Market Is Soft So I Can Lowball”

Panic & Mayhem Over Interest Rates Shooting Up! Who’s Terrified The Most?

Slippery up and sticky down! Elevator up and escalator down! Those are the cliches we often hear about interest rates, and we’ve seen them play out in spades in recent weeks. Investors panic...

February 14, 2024 6 min read

Friends Don’t Let Friends “Time the Market”

We had a borrower who did not want to lock his loan last week because he was convinced interest rates would fall further. But, instead of falling, rates actually rose almost 1/2% over the ensuing...

February 9, 2024 3 min read
Friends Don’t Let Friends “Time the Market”

Lower Rates = More Competition For Buyers – Which Is Something Buyers Don’t Understand; Fannie Mae’s Confusing Buyers Survey

83% of consumers do NOT think now is a good to buy a house! But, at the same time, Fannie Mae’s Home Purchase Sentiment Index just hit its highest level since March of 2022! Fannie’s Home...

February 8, 2024 2 min read
Lower Rates = More Competition For Buyers – Which Is Something Buyers Don’t Understand; Fannie Mae’s Confusing Buyers Survey

Fed Holds & Rates Fall: How Jobless Claims, Productivity & BLS Reports Impact Mortgage Rates; Inflation’s Over

Rates fell again this morning in response to negative labor market news and positive productivity news. Initial and continuous jobless claims came in higher than expected today along with more layoff...

February 1, 2024 3 min read
Fed Holds & Rates Fall How Jobless Claims, Productivity & BLS Reports Impact Mortgage Rates; Inflation’s Over

How Much Does It Cost To Buy Down Your Interest Rate?

Are you curious about how to save money on your home loan? Have you heard about the possibility of buying down your interest rate but aren't sure what it entails or how much it costs? In the simplest...

January 31, 2024 8 min read
Couple using laptop at home

Rates Fall Again – Wow! Fed Day; Tale of Two Economies; Who’s Buying Record Level Government Debt? Is the Fed Like North Korea?

The average interest rate was over 8.0% in October, and today it is under 6.7%, as rates fell again in response to weaker-than-expected employment data. Today is “Fed Day,” meaning that the...

January 31, 2024 4 min read

Learn How to Lower Your Monthly Mortgage Payment

Are you feeling weighed down by high interest rates and hefty monthly mortgage payments? Don't fret. JVM Lending is here to guide you through your journey toward the best way to lower your monthly...

January 30, 2024 10 min read
Learn How to Lower Your Monthly Mortgage Payment

GDP Way Up – Don’t Get Fooled Again

GDP or Gross National Product was up an astonishing 3.3% for Q4 – and the “soft landing” (no recession) crowd is doing victory laps. This is extremely good news, as nothing reflects the health...

January 25, 2024 3 min read
GDP Way Up - Don't Get Fooled Again

Save Renovation Loans For Refis; Rates In Election Years

We have become experts at renovation loans, such as FHA’s 203k or Fannie Mae’s HomeStyle renovation loan. As a reminder, these are loans where plans and specs for improvements are submitted with...

January 24, 2024 2 min read
Save Renovation Loans For Refis; Rates In Election Years
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