They say (whoever ‘they’ are) that if you stick around long enough, you’ll things come back around. Like clothing styles. You look at men’s suits today and they look a lot like the ones the Beatles wore back in the 60’s. Women appear to once again be wearing Capri pants. Ties are thinner and skirts are shorter. Slight variations. But,…
Every once in a while, we should step back and take a look at the big picture. Take a little break from loan production goals, operational issues, training, staff management, and regulatory affairs. Take a breath and keep in mind what’s really important. Today is one of those days. A day to remember and honor Dr. Martin Luther King Jr. and all…
By most forecasts, 2018 is shaping up to be a pretty good year. Then again, I guess that’s all up to how you look at it. If you ask, I’ll bet you’ll get quite a different outlook from liberals and conservatives. Based on some recent surveys and indicators, the same is true. Let’s look at Fannie’s Home Purchase Sentiment Index…
According to most reports, indications are that 2018 may the best economic year since the housing crash of 2008. That’s great news for everyone. One of the main reasons for optimism is in the 30,000 rise in construction jobs in December. This increase is the highest in this area in the last seven years. This points to an increase in…
Some believe that the changes to the tax laws recently passed will have a devastating effect on housing and the mortgage market. Why? Because of the limitations placed on allowable mortgage interest and state and local tax deductions. These limitations may lead to fewer home buyers and more home renters, especially in states with higher real estate taxes. Maybe… However,…
With business getting a little harder to come by, and more Millennials entering the housing market, credit scores are on the decline. A recent Ellie Mae Millennial Tracker Report revealed that borrower credit scores across all loan types declined in 2017. The report revealed that borrower credit scores for loans made in 2017 were 723. This is slightly down from…
