Jay Voorhees7 Million Working-Age Men Are On The Sidelines — Why It MattersSome of the best ideas at JVM come from women! I know, I find it hard to believe too, but I guess it’s inevitable, given that JVM is…8h ago8h ago
Jay VoorheesCan Buyers Pay Agent Compensation In Installments? Locking Rates Vs. FloatingAn agent asked me yesterday if buyers can pay an agent’s compensation in installments — after close of escrow.1d ago11d ago1
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.4d ago104d ago10
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.Aug 232Aug 232
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.Aug 22Aug 22
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?Aug 21Aug 21
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 192Aug 192
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