Former Fed Governor Stephen Miran spoke out this morning against hasty rate hikes, stating that the full impact of Fed rate hikes and cuts are not usually felt for 12-18…

New Home Sales dropped 10.5% year-over-year to an annualized rate of 607K. Last summer there were 664K new homes under contract. Six months ago there were 641K, and three months…

Last week I posed a semi-rhetorical question as to how our paychecks disappear so fast. This week I thought I’d actually find out where the money’s going. And it’s no…

Oil prices are on the rise again, sending stock prices down and bond prices up. And there are two other factors that aren’t helping any either. The Philadelphia Fed Index,…

Piggybacking off of yesterday a little bit, NAR today reported that they also calculate that Pending Home Sales dropped 2.3% last month. That brings the year-over-year rate to a -2.2%…

Seems like only a few months ago that there were a record-low number of homes listed for sale.  Sellers saw multiple offers at top dollar. But we know that’s flipped…

Mortgage rates continue taking signals from changing oil prices and ongoing tensions in the Middle East. But they took a break from the last night’s kerfuffle to focus on the…

I see the world through three decades of numerical analysis. Yeah I’m nerdy like that. Consequently, I’m a huge sucker for a great deal. So I can completely understand the…

I’ve spent the last few weeks surrounded by teenagers. Man do they talk a lot.  The nonstop nonsensical chatter called to my remembrance many, many class periods I spent sitting…

While it’s so entertaining to blather on and on about the double talk and deception in the Middle East conflict (they say that all’s fair in love and war, right),…

I do a LOT of Utah Housing loans, so i was pretty excited to see the announcement this morning that they will now fund 2-3 unit properties WITH ZERO DOWN.…

The markets responded positively to calmer conditions in the Middle East this week, with the S&P reaching a new all-time-high on Wednesday.  The cease fire held until yesterday when the…

Now that the DOJ has dropped its criminal investigation of the remodel cost overruns on the Federal Reserve’s HQ, Jerome Powell is preparing is to say “peace out”. Next week’s…

These last few weeks, the drumbeat of incoming economic data has become inconsequential, having been eclipsed by the deluge of nail biting soundbites from the Middle-East. The sudden scarcity of…