Latest Articles

Should The Unemployment Report Scare You?

Unemployment Report: No Need to Be Terrified Last Friday, the Bureau of Labor Statistics (BLS) released its latest jobs report. It revealed that the economic shutdown made necessary by COVID-19 caused the unemployment rate to jump to 14.7%. Many anticipate that next month the percentage could be even higher. These numbers represent the extreme hardship so many families […]

Forbearance Article From Our Friends At AIME

HOW FORBEARANCE IMPACTS MORTGAGE BROKERS AND HOMEOWNERS *We are sharing the content of this article from our friends at AIME the Association of Independent Mortgage Experts* As an independent mortgage broker, understanding how the current market climate is affecting the mortgage industry, your real estate partners and borrowers is of the utmost importance. With the […]

Real Estate is Still Soaring, Rates Are STILL LOW!

Real Estate Is Soaring, But Not Like 2008 Unlike last year, the residential real estate market kicked off 2020 with a bang! In their latest Monthly Mortgage Monitor, Black Knight proclaimed: “The housing market is heating entering 2020 and recent rate declines could continue that trend, a sharp contrast to the strong cooling that was seen at this […]

The Main Misconception in the Home Buying Process

After over a year of moderating home prices, it appears home value appreciation is about to reaccelerate. Skylar Olsen, Director of Economic Research at Zillow, explained in a recent article:  “A year ago, a combination of a government shutdown, stock market slump and mortgage rate spike caused a long-anticipated inventory rise. That supposed boom turned out to be a […]

Homeownership at a 6-Year High!!!

Homeownership Rate on the Rise to a 6-Year High Regardless of the lack of inventory on the market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019, representing the highest level in the past six years. See the graph below:This increase […]