Posts

Stocks Way Up & Rates Way Down – Very Unusual! Why?

The stock market has been on a tear lately, with the Dow Jones index flirting with 30,000. This is amazing b/c the Dow dropped down to close to 19,000 as recently as March when COVID-concerns peaked. What makes the sharp rise in stock prices particularly interesting to those of us in the mortgage industry is […]Read More

Negative Rates Are Coming; What It Means For Real Estate And Mortgages

Negative interest rates are heading our way – with certainty – according to Luke Gromen, a macroeconomist who was featured on The Investor’s Podcast recently. Mr. Gromen believes that the Fed and the U.S. government have no choice but to continue to push rates down in whatever way possible in order to finance our massive […]Read More

Why Interest Rates Should Finally Increase This Year; Or Not

INTEREST RATES PLUMMET AFTER 2008 MELTDOWN After the 2008 meltdown, mortgage interest rates plummeted from the mid 6% range all the way down to the low 3% range at various times. More recently, mortgage rates have hovered in the 4% range. Over the last ten years, I have repeated pundit predictions of imminent rate increases […]Read More