Tag Archive for: inflation

Fed Announces 3 Rate Hikes… And Rates Dropped! WHY?

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The Fed sent the markets into a tizzy recently, finally admitting that inflation is now a serious problem and that there would likely be as many as THREE RATE HIKES […]Read More

This Is Why Every Renter Should Consider Buying Now

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WHY OUR CONDO IS THE PERFECT INFLATION HEDGE My wife Heejin and I own a rental condo in Scottsdale – with a small, fixed-rate mortgage and quickly increasing rent, as […]Read More

Jack Dorsey’s Case for Hyperinflation (There Isn’t One)

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JACK DORSEY = PARIS HILTON 😊 A few weeks ago, Twitter CEO, Jack Dorsey, tweeted this: “Hyperinflation is going to change everything. It’s happening.” And sadly, some of the talking […]Read More

Richest Man in Germany Got Rich FROM INFLATION; You Can Too!

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A Loaf Of Bread Cost $200 Billion! A loaf of bread in Berlin that cost around 160 deutschmarks (the German currency unit at the time) at the end of 1922 […]Read More

Inflation; Mercedes S-Class Cars; Here To Stay? Does It Matter?

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MERCEDES S-CLASS SEDANS COST 1/2 OF WHAT THEY COST IN 1979 Leonard Steinberg wrote this in his excellent blog last week: “In 1979 a Mercedes S-Class cost about $34,000. Today […]Read More

DANGER! Home Equity Lines & Inflation

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A borrower reached out to me for a Home Equity Line of Credit (HELOC) recently, and I referred her to a local bank that we work with that offers the […]Read More

4 Reasons Why Real Estate Is One of The Best Inflation Hedges!

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INFLATION ON THE HORIZON Major inflation seems all but inevitable in light of our burgeoning supply chain issues, massive government spending, enormous money supply infusions (printing), climbing CPI numbers, and […]Read More

The 6 Forces Driving Interest Rates

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  THE THREE FORCES DRIVING RATES The mortgage industry’s primary voice/blogger, Rob Chrisman, recently wrote this: “There are three forces driving mortgage rates these days: uncertainty about the effects of […]Read More

Rates Shot Way Up Yesterday; Why? Will They Come Down Again?

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Interest rates shot way up yesterday – catching most of the industry by surprise (again). This is because rates have held amazingly steady for the last several months – but […]Read More

Inflation Up; Rates Up; Explained In Terms of Porsches; All About “Buying Power”

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THE REFI BOOM THAT WASN’T When rates plunged a few weeks ago in response to renewed COVID concerns and weak economic news, the entire mortgage world was gleeful b/c we […]Read More

Holy High Appraisal Fees, Batman! Please Warn Clients!

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Economist Milton Friedman famously said, “Inflation is always and everywhere a monetary phenomenon.” (meaning that it is always caused by increases in the supply of money) But, when it comes […]Read More

Rent Vs. Buy Comparisons In The Age Of Inflation

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$500,000 HOME APPRECIATES $200,000 IN 9 MONTHS My wife Heejin bought a house in Plano, TX, in November for $519,000. We put down 20%, and our PITI is $2,725. The […]Read More

Beware of VACATIONS :) Rates Way Down Again; Why? Stimulus Will End

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HOLY LOW RATES, BATMAN! (Wallowing in Wrongness) For months now, I have been repeating the warnings of various pundits about runaway inflation and rising rates. But rates seem to continually […]Read More

Why The Fed Probably Can Never Raise Interest Rates

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Paul Volcker was the 6 foot, 7 inch tall Fed Chairman who raised the Fed Funds Rate to 20% in 1980 and shoved the United States into a massive recession. […]Read More