Jun 10, 2019

And The Winning Number Is…..

Today’s News Synopsis: If you’re the Mega Millions Jackpot winner, where are the places you would be able to buy every home available?  Where are the top ten markets where people are flipping their homes?  Commercial and multifamily mortgage delinquencies remained low in the first quarter. In The News: ATTOM

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Dec 11, 2017

Do You Exhibit These Habits?

Today’s News Synopsis: ATTOM Data Solutions released a list of the 7 Habits of Highly Effective Flippers.  Freddie Mac made their first transaction in the single-family rental market by pricing their first rental.  The Fed could potentially increase interest rates not once, but twice in the next three months due

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May 07, 2015

Borrowing by Consumers at Eight-Month High

    Today’s News Synopsis: Borrowing by consumers in the US increased to an eight-month high to $20.5 billion.  Following Freddie Mac’s announcement this week, Fannie Mae announced its net income at $1.9 billion.  Freddie Mac reported mortgage rates increased 0.6% with 30-year rates now at 3.80% and 15-year rates

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Jun 23, 2014

Existing Home Sales Increase Strongly Month-Over-Month

  Today’s News Synopsis: Existing home sales increased by an impressive amount last month with the increase in inventory and improving prices.  Existing home sales increased 4.9% month-over-month and are now at 4.89 million.  The number of failed banks now stands at 11 with the closure of two subsidiaries of

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