Interest Rates No Place But Up: Installment #2

The premise of this blog is that residential lending rates are going to rise. The trigger is when Janet Yellen commences raising rates. The question is how much will they increase? Ted’s Forecast: When Janet Yellen announces that the Fed is going to increase rates, within six months the 30-year residential fixed-rate loan will increase …Read more

DrTCJ Tweets – May 8 2015 – May 21 2015

For those of you that do not Tweet – you should consider doing so. If you want to talk about effective bang for the buck, the 140 total characters, letters, numbers and spaces of a Tweet on Twitter certainly qualifies. Who knew you could say so much in so little? It reminds me of Mark …Read more

April 2015 Existing Home Sales Up 6.1 Percent Year-Over-Year, But Off 3.3 Percent Sequentially from March 2015

April 2015 existing home sales, while up 6.1 percent from a year ago, declined 3.3 percent from March on a seasonally-adjusted annualized rate (SAAR) according to the National Association of Realtors® (NAR). April’s median price of $219,400 is up 8.9 percent from a year ago. When examining actual monthly sales numbers on a non-seasonally adjusted …Read more

What does the TILA-RESPA Integrated Disclosure rule mean for real estate agents?

The new TILA-RESPA Integrated Disclosure Rule and the August 1st implementation deadline is right around the corner. Watch this short video to learn more about how this rule, specifically how the HUD-1 and Truth-in-Lending Disclosure for most closed-end residential loans will be going away, and what this means to you and your customers. https://www.youtube.com/watch?v=6Krq_HAG3KE

Location-Location-Location — For CAR INSURANCE not Real Estate

After expenditures on housing, the next largest recurring expenditure for most is their car, SUV or truck. Just like a house, there are ongoing costs for the future. For homeowners costs beyond the original purchase include property taxes, homeowners or condominium association fees, insurance and maintenance, some improvements, upgrades and remodels. The same is true …Read more

DrTCJ Tweets — April 24 2015 – May 7 2015

For those of you that do not Tweet – you should consider doing so. If you want to talk about effective bang for the buck, the 140 total characters, letters, numbers and spaces of a Tweet on Twitter certainly qualifies. Who knew you could say so much in so little? It reminds me of Mark …Read more