Tag Archives: Jones on Real Estate

Residential Lending Volume Forecast 2019-2020: Refi & Purchase Lending Volumes & Interest Rates as of March 2019

One year ago the expectation was for rising interest rates and plunging refinance lending volumes.   Yet as of March 28, 2019, the 30-year conventional mortgage interest rate fell 22 basis points from the prior week to 4.06 percent according to Freddie Mac’s Weekly Primary Mortgage Market Survey.  The drop was the largest one-week decline seen …Read more

Another Top-10 List — States with Greatest Proven Oil Reserves

Since 2008, known U.S. oil reserves have grown 60 percent to 30.5 billion barrels. That’s impressive. In addition, the Energy Information Administration (EIA) now estimates that the country likely has another 198 billion barrels of recoverable oil using technology available today. No doubt this will continue to increase. At the current estimated consumption of 19 …Read more

DrTCJ Tweets May 22 2015 – June 18 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

Tight Credit Continues to Take Its Toll on Housing Sales

The last normal housing market in the U.S. was 2001 to 2002. Then came the subprime-driven housing bubble when the only requirement to qualify for a loan was a pulse rate in some instances. Greed drove the get-rich-quick housing bubble, while loose credit was the water and fertilizer. We all admit that the level of …Read more