Supporting My Builders and Realtor Partners

As a lender, I spend a lot of time helping First Time buyers qualify for a home of their own.This is why I think right now is the best time for first-timers to buy a house.When interest rates spike as they did last month and the market cools it is a blessing for those that are not in a position t...

We’ve had a very volatile week and there is another one ahead of us. For starters, you can add banking giant Credit Suisse to the list of failing banks. They have been bought out by Swiss rival UBS bank for a little over $3 billion. Just a few weeks ago Credit Suisse had a market cap of $8 billio...

In a similar start to last week’s edition, “We are coming out of a busy week.” This week, however, showed the economic cracks I have been predicting.Silicon Valley Bank (SVB) “collapsed” making it the 2nd biggest bank failure in the U.S. In a nutshell (I’ll try to make this short), SVB was takin...

A few days delayed by forces beyond my control but here are my thoughts. We are coming out of a busy week: home prices were lower than expected, but pending sales were higher than expected (the drop in rates in December-January helped get things going).The pending home sales numbers prove to me t...

Happy Monday! Rates popped up Friday. The inflation data came in hotter than expected and so did consumer spending. These are both reasons for the Fed to keep rates up higher for longer. Remember, the Fed wants to see a weaker jobs market, lower inflation, and a weaker consumer. Markets are stil...

Last week’s inflation data came in on the higher side of expectations. Investors were hoping for the declination to continue, especially off the back of a stronger jobs report. This spooked the markets in fear of a more hawkish policy from the Fed.Here is how institutions are currently placing th...

It’s time for another Weekly Rate Watch. My goal is to help navigate you through the world of finance and how it relates primarily to the real estate industry. Should you ever have any questions at all, please do not hesitate in reaching out. I’m always here to help. Let’s begin!  CPI numbers co...

My goal is to help navigate you through the world of finance and how it relates primarily to the real estate industry. Should you ever have any questions at all, please do not hesitate in reaching out. I’m always here to help. Let’s begin!  As expected, the Fed raised rates by a quarter point. T...

We made it through the first month of 2023! Last week gave us some contradicting data. The US manufacturing services and goods PMI (Purchasing Managers' Index) came in higher than expected (which is good!) but still lower than 50, which shows a contracting economy. Both were higher than last mon...

 It’s time for another Weekly Rate Watch. My goal is to help navigate you through the world of finance and how it relates primarily to the real estate industry. Should you ever have any questions at all, please do not hesitate in reaching out. PPI numbers came in this past week showing an easing...