Have you been watching interest rates going up and down, and wondered why? What drives interest rates? Are they totally unpredictable, or can we get a sense for what direction interest rates are headed? As it turns out, they are not totally random. You just have to think like an investor rather than a borrower. ...
The Mortgage Money Pool
3/13/2017 | Casey Fleming Do you wonder where the money comes from that you borrow when you get a mortgage? Does it matter if you understand the industry and know who is the mortgage money source? If you like understanding what you are doing when you take on the largest debt you’ve ever had, maybe....
Breaking Up (with your mortgage) Is Hard To Do
3/11/2017 | Kaya Wittenberg Going through a divorce can be an emotional and trying time, and dealing with things like custody (if there are kids involved) and handling who gets what when it comes to property and belongings can make it even messier. Sell The Home And Move On Many people ask what they can...
Will Fannie and Freddie Go Broke?
Casey Fleming Nov. 5, 2016 A couple of news outlets this week picked up a report that concluded that Fannie Mae and Freddie Mac would be broke by 2018. Say what? Since we are having the best year in the mortgage business since 2007, and Fannie / Freddie (“the agencies”) make 90% or so of...
Long Term Interest Rate Outlook – Opposing Views
Casey Fleming / October 5, 2016 I write about interest rates a lot, because folks seem to want to know. In my experience, it’s not hard to be right most of the time when projecting out, say, 24 hours or so. Beyond that things get quite murky. We still try, but really who knows? So...
3 Reasons Wealthy People Never Pay Off Their Mortgage
by Hilary Hendershot After the 2008 housing crash a lot of people started to seriously question the wisdom of having a mortgage. That is if they were able to even keep up with their payments. The phrase “house poor” became a catchphrase for describing homeowners who bought beyond what they could reasonably afford – because...