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Brexit 1 Month Later: The Impact on Mortgage Rates

Just over a month ago, the United Kingdom decided to withdraw from the European Union in a decision commonly known as Brexit. At that time there was a lot of speculation on how that decision would impact the U.S. residential mortgage market. Today, we want to look at the impact of the first 30 days. [...]

Buy vs Rent: What Really Creates Wealth?

There has been recent press regarding whether or not it makes better financial sense to rent rather than buy in today’s housing market. As an example, the recently released June Summary of the BH&J Buy vs. Rent Index reported: “…as of the end of the first quarter of 2015, the housing market in the U.S. [...]

Home Prices…Where are They Headed?

Today, it seems like everyone wants to know or at least take a good guess about housing prices and where they may be headed. Why Not Ask The Experts? You may have seen us write about the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and [...]

Reason to Own #9…EVERYONE has a mortgage

Are you renting because the idea of paying a mortgage makes you uncomfortable?  Here's the thing, it's unavoidable.  Everyone pays a mortgage. It's something that a lot of folks don't think about but it's true.  You may be renting but your still paying a mortgage.  You're paying your landlords mortgage. A recent paper from the [...]

Billionaire Investor’s Advice “Buy a Home!”

Billionaire money manager John Paulson was interviewed last week at the Delivering Alpha Conference presented by CNBC and Institutional Investor. In the interview he confidently stated: "I still think, from an individual perspective, the best deal investment you can make is to buy a primary residence that you're the owner-occupier of.” But, who is John [...]

13,397 Houses Sold Yesterday!

And 13,397 sold today...and tomorrow....and the next day.... If you read certain headlines, you might be led to believe that the housing recovery has come to a screeching halt. Naysayers are claiming that the threat of rising mortgage rates and a lack of consumer confidence are keeping Americans on the fence when it comes to [...]

Will rates JUMP again this summer?

Not surprisingly, home buyers that are looking for a home or about to want to know...  "Where are interest rates are headed over the next several months?" While no one has a crystal ball, (though we wish we did!) we did want to share what some experts are saying on the subject. First, here's a [...]

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