Monthly Archives: October 2017

Rates Are up…and so Are Home Sales

It’s more fours than threes these days. Mortgage rates — rates on the long-end of the curve, in particular — are at a two-month high.  Our own central bank, the Federal Reserve, has long ago telegraphed its intentions on monetary … Continue reading

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HARP Extended Through 2018

The U.S. government deploys several resources for Americans who need help financing a home purchase, including the popular FHA Loan program. But unbeknownst to some, there are also tools available for current homeowners who have fallen behind on their mortgage … Continue reading

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No Reason to Be Afraid This Time of Year

Halloween approaches. We suspect that it’s a favorite holiday for a certain cadre of people. Some people revel in fear. They seek it out; they search for reasons to be afraid.  Fear is a draw to many financial-market participants as … Continue reading

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Time for Another Rate Dip?

  The commercial will be right one of these days. Whether “one of these days” is tomorrow, next week, next year, or next decade, we can’t say.  Lenders have warned repeatedly in print and radio ads over the past five … Continue reading

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The Difference between Loan Officers at Banks and Private Lenders

Homebuyers on the hunt for a mortgage in 2017 have more options at their disposal than ever before. As always, name-brand banks continue to dominate the conversation regarding home loans. But increasingly, new homeowners are finding it easier and more cost … Continue reading

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The Normal Rate of Interest over History

Is the current interest-rate environment a unique environment?  The answer, in short, is no. Sydney Homer and Richard Sylla show in their magnum opus A History of Interest Rates that interest rates can remain remarkably sedate (at high or low levels) over … Continue reading

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