Will Mortgage Rates Dive This Week?

Previously, at Loanguide.com… A couple of weeks ago I speculated that mortgage rates could drop anytime. Have they? Yes, if you measure rates by 10-year Treasury bond yields, or even the Fannie Mae 60-day yield (the yield investors demand when they purchase mortgage-backed securities from Fannie Mae to be back by loans delivered 60 days...

The Newest Trend in Luxury Homes – Hidden Pools

This is just a fun post.  I came across a video about hidden pools that piqued my interest.  With an average home on a small lot in San Jose going for $1 million now, we’ve hit the luxury market category.  So why not a pool? But I’ve seen many backyard pools in our area (remember...

Strange Economic Indicators We Watch

Here’s a fun quick one from my favorite economics blog, Calculated Risk, as part of a continuing series on weird economic indicators that we watch that impact housing: Sunday, August 09, 2015 Update: Framing Lumber Prices down Year-over-year by Bill McBride on 8/09/2015 10:36:00 AM Here is another graph on framing lumber prices. Early in...

Mortgage Rates Are About To Fall

I was right this time! The danger of predicting mortgage rates is that you will be wrong once in a while. Maybe even some of the time. Sometimes most of the time. This time it looks like my observations last week were just about right. Downward pressure on stock prices and trouble in the world-wide...