Inflation ? Hike in interest rates.?... Great Economy? Something ain't Right..... Rates for 30-year, fixed rate mortgages moved above 5 percent for the first time in 11 years, Freddie Mac reported Thursday. Low rates fueled the revival of the housing market … [Read more...] about Mortgage Rates climb to highest point in 11 years….
Housing Market
Trump admin moving to end government help from Federal mortgage agencies…
The Republicans have never had any love for those who ain't rich.... This move by the Trump admin to cut help for those who might need it in he South, the Midwest and rural communities, or anywhere that might not have a lot of money to put down for the American dream of owning … [Read more...] about Trump admin moving to end government help from Federal mortgage agencies…
Student loan debt is slowing down the Housing market…
Any surprise on this? Nope... School debt for people out of college or out of grad school is stepping in front of their ability to come up with money to buy a first home.... Student loans are a quiet issue festering in the background... Easy to get.... Vastly … [Read more...] about Student loan debt is slowing down the Housing market…
Out of the spotlight?…. The Stock Market drops by the hundreds….
Do market gamblers know something we don't know? As I type this the Market is down 400 500 points... Is this just increased interest rates solely? Or? Is the American Economy and employment NOT as strong as people (Trump) says it is.... And what about Trump's … [Read more...] about Out of the spotlight?…. The Stock Market drops by the hundreds….