Robo Calls, Rates Tepid, Lack Luster Shipping, Strong Loan Performance.
RoboCalls – Every second 2,115 Robocalls are made in the United States. With ‘spoofing’ technology, scammers make it look like the call is coming from a local or even your own number. The FCC has announced that Telcom Companies have a year to institute ‘Shaken/stir’ technology. A reduction in RoboCalls would be welcome, but according […]
Rethinking Economic Principles, Rates Flat, Appreciation
Going below the ‘natural rate’ of unemployment could spark an inflationary escalator. even Fed Chair Powell has commented on how the relationship between unemployment & inflation has been zero. Globalization is good for everyone – except our blue collar workers. Large budget deficits cause the government and private sector to compete over selling bonds driving […]
Rates Improve, Fed Cuts Likely, Conforming Low Income Program Updates
Both Fannie & Freddie have announced updates to their low income/down payment programs that give discounts on note rate and mortgage insurance rates (these programs allow: 3% down, boarder income, ADU income, & low down payment on owner occupied 2-4 units). The updates make it more challenging to qualify. Instead of allowing 100% of Area […]
Hottest Markets, Rates Holding Steady, Portland Metro Update
Smaller metro regions across the US are seeing rapid growth. Below is a list of the top 20 according to Realtor.com. The hottest markets ranking is based on where homes sell the fastest and where there are the most listing views on realtor.com—both a sign of buyer demand. Metro markets often include surrounding smaller towns. Metro […]
Dollar Store Nation, Rates Flat, Portland Wage Growth
There are over 30,000 Dollar stores in the US more than Walmarts, Mickey D’s and CVS combined. This year 1 will open every 6 hrs. This story shows a battle between a determined city-councilor elected to bring a grocery store to her community of 20,000 that was throttled by 10 dollar stores. She felt it was the primary cause […]