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First of all, Happy New Year! I hope everyone had a safe, fun time with family. Now, onto this week’s calendar of economic events. In the News TuesdayJob Openings / Job Quits Wednesday ADP employment report FED minutes release from the December 15th meeting  ThursdayInitial and continuing jobless...
In the News We have a short week to end 2021. Nothing crazy. Get a look at some housing numbers. Here is what’s coming up - TuesdayUS home price index (YOY) WednesdayPending home sales ThursdayInitial and continuing jobless claims Chart Check We are continuing through our wedge. This looks like a...
No matter where you are from I hope you enjoy the holidays! Arabic: Milad Mubarak Croatian: Sretan Bozic Dutch: Zalig Kerstfeest French: Joyeux Noël German: Fröhliche Weihnachten Hong Kong: Sing dan fiy loc Indian: Natal Mubarak Israeli: Mo'adim Lesimkha Italian: Buon Natale Japanese: Merii Kuris...
In the News The Fed said how they will increase their tapering and have 3 rate hikes next year. The market actually reacted well to the news. I believe it reacted well because we finally have some sort of “plan” in play. I find it hard to believe, however, that the Fed will raise rates 3 times. I...
In the News Inflation numbers came in at 6.8% - the largest increase in 39 years. I would argue that this number is realistically in the double digits due to the way the government keeps out a lot of goods/services in their calculations (energy, for example, which has experienced the largest incr...
I wrote a blog yesterday announcing the New 2022 Loan limits. We are seeing a historical increase of over 18% compared to last year.I wanted to follow up with a link to the new limits.
Conforming loan limits for Fannie Mae and Freddie Mac will rise to $647,200 in 2022, the Federal Housing Finance Agency said on Tuesday—a jump of nearly $100,000 from 2021’s previous record high.FHFA said the conforming loan limit will rise in all but four U.S. counties. For most of the U.S. the ...
 Lately, there are a lot of lenders that are offering very attractive DSCR loans for investors purchasing investment properties.DSCR stands for Debt Service Coverage Ratio. That means the lender will lend on the performance of the individual property without regard to the rest of the buyer's fina...
In the News Last week we had inflation numbers come out. Prices, excluding food and energy, rose 4.1% from a year ago. Then, according to a report from CNBC, Inflation continued to be reflected most in surging energy costs, which rose 30.2% from a year ago, while food prices increased 4.8% during...
Here we go with another (short) week. Let’s begin! In the News It’s first worth noting that President Biden plans to re-elect Fed Chair Jerome Powell. The importance of this is the consistency of policy. We can expect more money printing, asset (and overall) inflation, etc. The kicker is what the...

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