Entries by Andy Cruz

Interest Rates Easing, Sparks New Demand

I hope everyone enjoyed a great Thanksgiving with friends and family and we can also give thanks to lower mortgage rates which increased demand AGAIN last week. Purchase applications were up 3.9% and refinance applications increased 1.6%. This is beginning to prove the point we have been making – when rates go down demand will […]

The Fed Paused! And did you hear about that lawsuit?

Wow talk about 2 competing headlines last week. The Federal Reserve paused interest rate hikes and a MASSIVE lawsuit was decided last week leaving Real Estate Agent commissions in the crosshairs in the future. On both counts there is still a lot of dust to settle, but for now, check out what we think is […]

Spotlight is on the FED this week! Can they REALLY do THIS?

In case you’ve been living under a rock, the US debt is climbing like crazy! Fed Chair Jerome Powell and other policymakers have indicated the surge in longer-term Treasury yields may reduce the case for continuing to hike the central bank’s benchmark interest rate. The FOMC announces their rate decision Wednesday of this week and […]