Tag Archive for: President Trump

Seller Rent Back Rules; Two Forces That TERRIFY & BEAT Trump and All Presidents

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President Trump was panicking last night. Guaranteed. Sheer panic. This is because, in what was the most interesting weekend in finance in the last 18 years, there were two forces that brought Mr. Trump to his knees. I will explain why below, but first, a quick reminder: Sellers can rent back a property they just sold (and remain in the home) for up to 60 days after close of escrow.Read More

Trump Pushes Mortgage Rates Way Down (QE, Here We Come!); Why I Hate It!

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10 Year Treasury yields are about the same today as yesterday, but mortgage rates plummeted. The reason? Mr. Trump announced $200 billion of “quantitative easing” yesterday, focused only on the buying of Mortgage-Backed Securities (MBS).Read More

50-Year Mortgages May Be The Dumbest Idea Ever – But The Competition Is Tough!

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President Trump just proposed 50-year mortgage terms as a way to make housing more affordable. Needless to say, I was very upset to see this because it is obvious Mr. Trump is not reading my blogs. Let’s address all the reasons why this is so stupid. I will address what will bring down home prices once again – with an added twist.Read More