Black Friday special: The top 5 things you need to read right now
Posted November 24, 2016 / No comments
Waiting in line trying to catch the greatest deals on Black Friday? Us too. But while you’re waiting, why not use the time to catch up on what’s been going on in housing since Donald Trump got elected? Here are the top five articles you should read right now, courtesy of HousingWire. Source: Housing Wire
Read MoreFed policymakers confident of need for rate hikes on eve of Trump win
Posted November 23, 2016 / No comments
WASHINGTON, Nov 23 (Reuters) – Federal Reserve policymakers appeared confident on the eve of the U.S. presidential election that the economy was strengthening enough to warrant interest rate increases soon, minutes from the Fed’s Nov. 1-2 meeting showed….(read more) Forward this article via email: Send a copy of this story to someone you know that may
Read More[Video] To the future HUD Secretary, here’s a piece of advice from a former HUD Secretary
Posted November 23, 2016 / No comments
Regardless of who is selected to be the future secretary of the Department of Housing and Urban Development, Former HUD Secretary Henry Cisneros has one key piece of advice that he would give to the next person that sits in the seat. As a hint, he touches something a lot of people are asking for.
Read MoreHere are 5 bold predictions for housing in 2017
Posted November 23, 2016 / No comments
Next year is less than two months away, and the holidays are likely to fly by. Giving his predictions for next year, Joe Melendez is CEO of ValueInsured, forecasts that 2017 could be a wild ride. “One thing I do feel certain about is that those who are most adaptive to change and innovation –
Read MoreIt's time for investors to open their eyes to the trouble in bond ETFs
Posted November 23, 2016 / No comments
Legendary Ohio State football coach Woody Hayes was a fan of the run game and felt that the passing game had more risks than were worth the reward, which may be the case for bond ETF investors here….(read more) Forward this article via email: Send a copy of this story to someone you know that may
Read MoreStocks mixed: S&P down but Dow hits new record high
Posted November 23, 2016 / No comments
Stocks are mixed today after hitting all-time highs Tuesday night. While Dow continues to see new highs, the rest of the market is beginning to inch down. One expert explains that worries about a Trump presidency seem to be subsiding. Source: Housing Wire
Read MoreControversial overtime labor law stopped short of the starting line
Posted November 23, 2016 / No comments
Barely making the cut before the rule took effect, a federal judge blocked the new overtime labor law that would have significantly changed overtime pay. Since the rule never took effect, it’s hard to say the exact impact it would’ve had on the housing industry. However, it had the potential to create drastic change, especially
Read MorePresidential honeymoon increases consumer sentiment
Posted November 23, 2016 / No comments
Consumers are more optimistic about the economy after the presidential elections. This soaring new confidence, or what one expert calls the presidential honeymoon, can end quickly if the president-elect fails to follow through on his promises after taking office. Source: Housing Wire
Read MoreFHFA Announces Increase in Maximum Conforming Loan Limits for Fannie Mae and Freddie Mac in 2017
Posted November 23, 2016 / No comments
Washington, D.C. The Federal Housing Finance Agency (FHFA) today announced that the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2017 will increase. In most of the country, the 2017 maximum loan limit for one-unit properties will be $424,100, an increase from $417,000. This will be the first
Read MoreFHFA increases conforming loan limits for first time since 2006
Posted November 23, 2016 / No comments
For the first time since the housing crisis, the Federal Housing Finance Agency is increasing the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2017. Click the headline for the full details on how much loan limits are increasing across the country. Source: Housing Wire
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