Rate Forecast

Rate Forecast

In my previous post two months ago, I predicted economically things were to get worse before they would improve. Other than a few blips on the radar, so far, I have been proven wrong. Actually, a flight to safety in the bond market makes mortgage rates go down, which...

CNBC: Fed’s almost-certain rate hike a big deal

Rate hike in the future? There is a rate hike rumor going around involving the Federal Reserve this month. The article states, “A March rate hike … would mark the first time in years that the Fed raised rates when it did not obviously have to do so, in the...
HARP and Airbnb

HARP and Airbnb

What does the HARP program and Airbnb have in common? Maybe more than you would think. VRBO I have had properties on VRBO (Vacation Rental by Owner) since 2001. Vacationers can search properties for rent by owner and deal with the owners directly. VRBO was bought by...
Fake News and Mark Twain

Fake News and Mark Twain

Mark Twain Wisdom Samuel Langhorne Clemens, aka Mark Twain, said, “If you don’t read the [news], you’re uninformed; if you read the [news], you’re mis-informed.”   Considering this came from one of America’s greatest writers, a truly brilliant political...
Era of Uncertainty

Era of Uncertainty

Here’s the Trouble There are only a few things that really irritate me. Whiners, Scotch tape on my office equipment, the water bottle vendor, and smarmy digital media ad buyers that try to steal my brand. Some things I can control, and others I cannot. I can avoid...
Less is More

Less is More

A lower mortgage rate, less paperwork, no appraisal, and faster expediting of a mortgage loan seems to be the mandate from borrowers. So what is HARP? The Home Affordable Refinance Program – or HARP – was rolled out by Fannie Mae in 2009 to help borrowers...