Despite the latest hawkish tone that drove oil down and the dollar up last week, we’re seeing a new tone from analysts and traders who sent oil flying again on Monday.  The dollar also retreated as many believe that the Fed cannot afford to raise rates, even by a quarter point before October.  Mortgage rate [...]

I have a lot of people email me and ask about what is going on in California with mortgage rates and the real estate market.  Unfortunately, I do not have a great idea as to what is going on with the real estate market in California as I have been out of there for a [...]

Anxious real estate investors are wondering whether or not they will get another chance to open up 30 year fixed mortgages at 6% or less.  Last week the fixed ended at 5.98%, but the Fed’s recent tone of rising interest rates has led the rates to boom to 6.19% for a 30-year fixed mortgage. Personally, [...]