Using the yield spread to forecast recessions and recoveries
The yield spread indicates the likelihood of a recession or recovery one year forward.
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Tag: interest rate
Refinancing and race: Why the divide and how to close the gap
Black and Latinx homeowners paid higher interest rates than White homeowners between 2005 and 2020. Why does this disparity exist?
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Press Release: Q4 2020 Buyer Purchasing Power Index climbs to new heights as interest rates reach record lows
The BPPI was +13.4 at the end of Q4 2020.
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Refinances oppose interest rate movement
Refinances made up 79% of all mortgage originations in Q2 2020.
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Press Release: Q3 2020 Buyer Purchasing Power Index rises due to historically low interest rates
The BPPI was +10.6 at the end of Q3 2020.
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Are we heading toward a foreclosure crisis in 2020?
We are in the middle of a unique, global economic moment and the end result is still out of reach.
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LIBOR phaseout approaching
What will happen when the LIBOR expires in 2021?
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Fed actions to impact cap rates
Capitalization (cap) rates move in tandem with short-term rates — usually.
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The Fed’s “normalizing” agenda spells trouble for the housing market
Today’s low mortgage rates will soon be history.
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Homebuyer demand mixed across California
Demand varies immensely by metro and neighborhood — and even street.
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Do higher mortgage rates mean a return of mortgage points?
Mortgage points allow the homebuyer to pay an upfront fee in exchange for a lower interest rate.
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What a Trump presidency means for the housing market
Volatile markets and talk of a recession have real estate agents worried.
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Breaking News: The Fed to increase interest rates
After two days in meetings, Federal Reserve (Fed) chair Janet Yellen announced today their intention to increase the target Federal Funds rate.
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The interest rate reduction refinance loan (IRRRL) for VA mortgages
This is the third part in an article series on mortgage programs for veterans. This article examines the Interest Rate Reduction Refinance Loan (IRRRL).
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Will HELOC resets cause the next bust?
Too many homeowners taking out HELOCs at once can cause a disastrous trend.
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Press Release: Buyer Purchasing Power Index is positive, but not for long
The California buyer purchasing power index (BPPI) figure remained low in February, but did rise noticeably.
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Fewer mortgage originations means lower bank earnings — get used to it
Lower profit margins are here to stay.
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Press Release: Buyer Purchasing Power Index remains low
The California buyer purchasing power index (BPPI) figure rose slightly to -11.44 in January 2014....
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Rate locks: tin shields or the real deal?
The recent rise in interest rates has popularized the notion of rate locks during mortgage processing.
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Press Release: Buyer purchasing power index stays negative
The California buyer purchasing power index (BPPI) increased slightly to -9.23 in August 2013. first tuesday forecasts the BPPI will remain negative through…
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