All markets are not created equal and neither are all homes for sale. This would explain why some homes languish on the market for months and others sell practically overnight. What makes the difference? In this article, we will look
It is not often that the Chairman of the Federal Reserve Board is interviewed on national television. But these are certainly not normal times. Perhaps the whole world was not watching, but economists and market analysts certainly were. While acknowledging
From interest rate volatility to servicing liquidity issues to bursting refinance pipelines, mortgage lenders have weathered the coronavirus storm fairly well, STRATMOR Group says in its latest monthly Insights Report. But lenders must retain the lessons they’ve learned, especially when
Some states have begun opening up. We are starting to see the “new normal” we spoke about, but for now this normalcy does not seem to be very normal. The best description of our moving forward is not turning on
It was almost 50 years ago that the rising price of oil was one of the factors which helped plunge us into a deep recession. And while not the most important factor, subsequent recessions have followed previous peaks in oil
In the year 1910, life expectancy in the U.S. was only 50 years. By the year 2000, life expectancy had increased to 73 years. The overall effect of this longevity on the population of the United States is significant. Between
For those attempting to predict the length or the depth of the current economic slowdown, we have all turned into medical prognosticators. Every day charts depicting the growth of the virus are published. The growth started slowly and then accelerated
As dismal as the March unemployment numbers were, we know that this is just a preview of what is to come. The question being bantered about by market analysts is — how high will unemployment become? Let’s take a look
MARKET COMMENT
Mortgage bond prices finished the week slightly higher which put a little downward pressure on rates. The Fed dominated trading and overshadowed all the data releases. The Fed backed off the massive buying but continued billions of dollars of
Last week’s jobs report was not so much about how the economy is doing. We know the economy was doing moderately well coming into the month of March. It is during the month of March that things changed rapidly. Witness
