Tag Archive for: recession

Why We’re Seeing Fraud Claims Now & Will See A Lot More

/in ,
I knew and worked with a bunch of hard money lenders (who loaned money based strictly on equity) prior to the 2008 meltdown. Even though they were a bit cocky with their success and they lived like rockstars, they were all nice and honest guys for the most part. They solicited pools of funds from friends, family members, and outside investors – and then loaned out that money to homeowners and homebuyers who could not qualify for better financing.Read More

History of Interest Rates; Some Perspective

/in ,
Are Rates High? Yes, rates are 2% higher than they were when they bottomed out after COVID hit and they are back to the 2009 levels, but are they “high?” […]Read More

Fastest Rate Increase Since 1981; Will Recession Lower Rates?

/in ,
The Fed has engineered the fastest increase in mortgage rates since 1981 – as rates have nearly doubled over the last several months. And, interestingly, housing continues to appreciate for the usual reasons we cite often: (1) inventory remains at record low levels primarily due to a lack of building, not demand, since 2008; (2) demand remains stronger than ever primarily as a result of demographics or millennials hitting homebuying age; and (3) affordability has not been affected as much as people think because incomes have risen with inflation.Read More

Recession Coming Soon – Will It Bring Down Rates?

/in ,
Barry Habib of MBS Highway fame was recently on the National Real Estate Post, discussing interest rates because that is what he does. Once again, I love quoting Barry because […]Read More

Why Did Interest Rates Fall After The Fed Ostensibly Made Them Rise?

/in ,
The Fed recently raised rates, but interest rates fell in response. This is something we see so often that I had to blog about it – to again allay some […]Read More

Inflation & Rates Increase But Industry Experts Still Bet On Low Rates

/in ,
The current surge in commodity prices such as wheat, nickel, copper, and oil is fostering doom and gloom predictions – of mass shortages and runaway inflation. So, in light of that, why is Raoul Pal, the founder and CEO of “Real Vision” buying bonds in a bet that interest rates will fall? Pal thinks higher prices will crush demand and that a recession is looming.Read More

“Rising Bond Yields Ease Recession Fears” Does It Matter?

/in ,
The title of today’s blog is from this recent WSJ article (as always, we can send key excerpts to non-subscribers). The article quotes Fed Chairman Jerome Powell, as he pointed […]Read More

Will a Recession Tank Housing Prices? Probably Not…

/in ,
I know numerous people who are anxiously waiting for the next recession b/c they expect housing prices to tank. They can’t wait to swoop in and find bargains like the […]Read More

Why Nobody Takes ARMs (Adjustable Rates); Inverted Yield Curves; Recessions

/in ,
SELLING ARMS IN THE 1990s There was an event in 1995 that gave a wonderfully powerful jolt to my book of business. A sales rep from a lender called LaSalle […]Read More

The Fed Halts Rate Increases; Good Or Bad?

/in ,
Yesterday, the Fed announced that there will be no more rate hikes in 2019. And many people in the mortgage and real estate industries cheered. But a lot of economists […]Read More