Inman
August 26, 2015

Best markets for real estate agents right now

Takeaways: Smaller markets account for the majority of top markets for real estate agents. One of the last recovery markets, Las Vegas appears to be on the rebound. Only five primary markets — Denver, Las Vegas, Nashville, Sacramento and Charlotte — were in the top 20. A grouping of midsized…
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Inman
August 26, 2015

What does the Chinese stock market crash mean for the US real estate market?

Takeaways: The Chinese stock market has lost 30 percent of its value and continues to see major swings. More then half of Chinese citizens are now considering buying foreign real estate. Different segments of the Chinese will invest in various ways.  As the Chinese stock market has lost 30 percent…
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Inman
August 26, 2015

Daily market update: Aug. 26, 2015

National Mortgage Rates by Mortgage Marvel ® Mortgage Widgets | Get Mortgage Rate Quotes National Home Loan Rates by Mortgage Marvel ® Mortgage Widgets | Get Mortgage Rate Quotes   We’ll add more market news briefs throughout the day. Check back to read the latest. Yesterday’s market news: S&P/Case-Shiller U.S.…
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WFG News
March 2, 2015

Artificially low interest rates hurt job growth, housing sales

Companies get a better return on investment buying back shares than hiring employees or investing in capital equipment. Buying back a company’s own shares is so attractive, it even makes sense to fire employees and reinvest the savings to do so. But what are the larger economic consequences of this behavior…
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WFG News
February 27, 2015

When Fed raises short-term rates, pray long-term rates don’t follow

Federal Reserve Chairwoman Janet Yellen’s testimony, inherently a forecast, overwhelmed all other forces on markets this week. Yellen did a fabulous job. When the future is deeply uncertain, it’s the job of the Fed chair to turn on the fog, and she did — in an expert rundown on the…
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WFG News
February 20, 2015

Greek Band-Aid intercepts interest rate drop

Long-term Treasurys are sliding down in yield again, holding low-fee mortgages in the high-threes. This improvement has been caused by several things, all reinforcing each other, and is likely to continue. However, in the background lies an enormous contradiction that is clearly troubling long-term markets. First things first. Way back…
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WFG News
February 17, 2015

Shift your mindset when selling to vacation rental buyers

The vacation rental market is in a period of massive growth. More vacation homes are being purchased; more owners are planning on renting; and more tourists are finding that this new mode of accommodation fits their needs better than a hotel or resort. This surge in supply and demand is…
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WFG News
February 13, 2015

Coming Fed hike ups mortgage rate risk

After a wild six weeks from Christmas forward, the 10-year T-note stone-falling from 2.35 percent to 1.65 percent and then rebounding to 2 percent, global anxiety rising … this week’s news is an extended sermon from The Church of What’s NOT Happenin’ Now. Interest rates did not move. Low-fee mortgages…
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WFG News
February 6, 2015

Don’t assume strong jobs numbers will trigger Fed rate liftoff

The U.S. 10-year T-note has jumped a quarter-percent in four days, half of the springboard this morning on wild news from the job market. Mortgage damage is limited, low-fee deals still just under 4.00 percent. The first Friday each month brings the immediately prior-month count of new jobs. And revisions…
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WFG News
February 4, 2015

Is it really recovery when new car sales are up but new home sales down?

Consumers saddled with mortgage sized health insurance costs, rising food costs and car payments find it hard to buy over-priced used homes, never mind even more expensive new homes. After six years of quantitative easing that “ended” in October, we have been treated to media headlines touting “Recovery, Recovery, Recovery,”…
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