Tag Archive for: Redfin

Everyone Wants To Jump In The Mortgage Pool! Come On In – The Water’s Boiling

Interest rates fell this week more than most analysts expected, and the 10 Year Treasury Yield is down to 4.67% - surprising everyone, given that we heard so many predictions about the 10-Year staying above 5%. Here are a few reasons why: (1) The Fed announced yesterday that they are not raising rates (and many analysts think they are done raising); (2) More and more prominent analysts and hedge fund managers are predicting a recession and lower rates soon; (3) There are clear cracks in the labor market; and (4) Consumer and manufacturing surveys are yielding surprisingly negative results.Read More

Debunking Negative Housing News Again. Sigh…

“I just had a listing sell for $200,000 over asking. All of my homes are selling within a week, and at list price. This is not my reality. Am I missing something?”Read More