The Champ is Here
Looking at home prices from 1942 to today, home values have increased 73 years, decreased 7, and been flat 1. That's an excellent record that you would want to avoid betting against. And the concentration of losses was during the…
Does the Future Look Good for Home Prices?
CoreLogic’s Chief Economist Selma Hepp said that while home prices in December “continued to fall from November, the rate of decline was lower than that seen in the summer and still adds up to only a 3% cumulative drop in…
Put Your Home Equity to Work for You
Proper debt consolidation could cut many years off the term of your mortgage, increase cash flow, and build a tremendous amount of equity to be used in the future. This is possible even if the interest rate on a new mortgage…
Team Compass Spotlight
Homeownership is a mutual goal we all strive to reach! For us, it’s not a numbers business or mortgage business; it’s the people business! We have unique opportunities to help, educate, fight for, and walk hand in hand with real…
Consumer Inflation Remains Hot But Is Hope Ahead?
Besides causing higher prices, inflation is the arch-enemy of fixed investments like Mortgage Bonds because it erodes the buying power of a Bond's revised rate of return. If inflation rises, investors demand a rate of return to combat the faster…
Be aware of a plague in our industry.
A trigger lead is a marketing product created and sold by the national credit bureaus, Experian, TransUnion, and Equifax. This happens when your credit is run for a mortgage loan, and the information is sold to other lenders who purchase it, letting…
