Jay VoorheesJapan’s Huge Rise, Crash, and 34-Year Depression; Will America Follow?Most of you non-boomers have no idea of how mighty and dominant Japan was in the 1980s.21h ago121h ago1
Jay VoorheesMYTH: Rate Cuts Save The Economy; The Stock Market’s ConfusedThe S&P 500 stock index rose 1.5% today after Fed Chair Powell said “the time has come” for Fed rate cuts.3d ago23d ago2
Jay Voorhees“Rate Cut Coming” & Rates Went Up; Appraisers Correlate to Purchase Price For 12 Months; Refi…The Fed released the minutes from their recent meeting, and they all but guaranteed a rate cut in September.4d ago4d ago
Jay VoorheesFalse Jobs Reports = Very Big Deal; Assessed Value Has NO Impact On Appraised ValueRemember all those stellar BLS jobs reports that sent interest rates higher almost every time they were released?5d ago5d ago
Jay VoorheesRates Are Going Up In September; Please Tell Your Clients Who’re Waiting On The FedWe have had dozens of borrowers tell us that they want to wait to refinance or buy until after the Fed lowers rates in September.Aug 191Aug 191
Jay VoorheesWhat If Sellers WANT To Offer Large Commissions on MLS? What Am I Missing?In 2013, shortly after the new loan officer compensation guidelines were imposed, we had a transaction where the buyer was short $700 to…Aug 15Aug 15
Jay VoorheesFannie Mae Keeps Rates 1.5% LOWER — But Do We Need Them?I will do anything to avoid going to the post office — and will drive miles out of my way to go to UPS or FedEx instead.Aug 14Aug 14
Jay VoorheesTurning Fannie Mae’s First-Time Buyer “Credits” Into Very Clever Marketing; Buyer BewareBoth Fannie Mae and Freddie Mac offer far lower rates for first-time homebuyers than they do for similarly qualified repeat buyers.Aug 12Aug 12
Jay VoorheesHuge Myth: Stock Prices Always Rise; Stocks Were FLAT For 45 Years!The biggest myth in finance is that stock prices always go up.Aug 9Aug 9
Jay VoorheesIs The Big Crash Finally Here?Markets always overreact to major news — whether it is good or bad.Aug 5Aug 5