Jay VoorheesFed “Cuts Rates;” Mortgage Rates Shoot HIGHER In ResponseIt is sometimes hard to be this right about things…if only because I was so wrong about predicting a recession in 2023. 😊21h ago21h ago
Jay VoorheesFed Cut Today; 50 or 25 Basis Points? Will It Bring Inflation Back?By the time many of you read this blog, the Fed will have already announced its much-expected rate cut to the Fed Funds Rate today.1d ago21d ago2
Jay VoorheesWhy Appraising a Home For More Than Purchase Price Is So Difficult — For 12 MonthsFed Week: Corruption or Panic on the Part of the Fed?3d ago3d ago
Jay Voorhees4 Interesting Observations; Rates Drop 2% Since October; China’s Finally Crashing; History of…Here are some interesting observations on interest rates, China, and stock market crashes to pique your interest today6d ago6d ago
Jay VoorheesWhy The Mortgage Industry Is So Brutally Competitive. No Monopolies HereThere are almost 100,000 producing loan officers in America fighting over a pie that shrank from $4.5 trillion in 2021 to less than $2…Sep 121Sep 121
Jay VoorheesWhy Fed Rate Cuts Don’t Help — Part III am getting sued because of comments I made in this blog.Sep 11Sep 11
Jay VoorheesHouse + ADU VS. Duplex — What’s The Difference? What’s Better?In 2013, the famous bear vs. monkey bicycle race took place.Sep 9Sep 9
Jay VoorheesHousing Market Slows As Buyers AND Sellers Wait For The Fed To Cut — Sigh; BLS BS AgainThe woman in charge of the Bureau of Labor Statistics (BLS) is from San Francisco, so today she revised down Kansas City’s points in the…Sep 61Sep 61
Jay Voorhees“Jay, Your Blogs Are Way Too Doom and Gloom” More Doom And Gloom — Why?An agent recently told me that she loves my blogs, but they are “way too doom and gloom.” Doom and gloom can be a good thing though, and I…Sep 51Sep 51
Jay VoorheesWhy FHA APRs Are So Much Higher Than ConventionalRates have shot higher every September for the last six years running because of what Jeff Snider calls the “September Effect” — a…Sep 4Sep 4