4 Reasons to Stay Invested in U.S. Housing
OK. The article is a paid op-ed by PIMCO, so they have a vested interest in the position. But that doesn’t mean they’re wrong. The four points Mark makes — strong job growth and consumer confidence; low inventories and rising pent-up demand; a willingness to lend and expanding demand for credit; and relative affordability — are…
Read MoreAnother Toe into Mortgage Shopping for Google
We reported earlier this year when Google added a mortgage calculator to organic search results. This week, they’ve taken another step forward. Google Compare now provides “[a] real-time, apples-to-apples comparison of rate quotes”. Of course, there’s a lot more to a mortgage than just the rate quote, and talking to a broker is still key,…
Read MoreAnother Toe into Mortgage Shopping for Google
We reported earlier this year when Google added a mortgage calculator to organic search results. This week, they’ve taken another step forward. Google Compare now provides “[a] real-time, apples-to-apples comparison of rate quotes”. Of course, there’s a lot more to a mortgage than just the rate quote, and talking to a broker is still key,…
Read MoreWorldwide Travel Alert for Americans
As we enter the holiday season, many Americans will be traveling quite a bit. For some, that’s just a drive to see local relatives; but for many, it can mean much longer trips, from elderly “snowbirds” heading to warm islands, to expats returning home to see family members. The U.S. State Department regularly issues travel…
Read MoreThe Hidden Factor in Home Prices: Zoning
Of course, everyone knows that property has different value in different markets. And everyone knows that the cost of labor is different in different markets, so the cost of building houses can vary. But it turns out that, far more important than the cost of labor, local zoning can have a huge impact on housing…
Read MoreAmerica: We Still Have Enough of A Heart to Share Our Homes
If you didn’t catch the brief coverage on CNN (here’s the original article , and you’re not particularly active on social media, then you may have missed a particularly heartwarming example of Americans doing the charitable thing. In the wake of the Paris attack last week, even though airports remained open, there were many cancelled flights. It…
Read More[VIDEO] Interview with Freddie CEO
Shelby Holliday of the WSJ sat down for a few moments at the CEO Council with Freddie Mac CEO Donald Layton. Of course, at this point, we’re all familiar with the e-mortgage regulations that have come through, and the government’s attempts to standardize reporting across the industry. In this video, Layton correctly points out that the…
Read MoreNew Mortgage Milestones
The third quarter turned in some more positive results on the housing industry as a whole, and mortgage borrowing in particular. The Globe and Mail reported on two key milestones yesterday. First, as of September 30th, the mortgage delinquency rate was 4.99%. Second, for that same date, the percentage of mortgages in foreclosure was 1.88%. Those…
Read MoreWhat Languages Do You Speak At Home?
We spend a lot of time blogging about everything surrounding the places we live — homes, markets, interest rates, maintenance, etc…. But of course, even more important are what goes inside our homes: us. America has always been a melting pot, but just how diverse we are may surprise you. Each year, the Census Bureau…
Read MoreA Global Look at The U.S. Housing Market
This blog has covered a few times the impact that foreign affairs can have on the U.S. housing market, but sometimes it can be useful to look not just at direct impact, but at global comparisons. Jonathan Lansner over at The OC Register did us the favor of compiling a bunch of global data into…
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