Tag archives for Interest Rates

More Consumers Opting to Skip Mortgage Payments Instead of Credit Card Payments

Historically, you paid your mortgage before you paid anything else. That kept a roof over your head and tended to be a bright spot on your credit report even if other accounts had been allowed to slide. Now, however, that trend is changing. In fact, according to SmartCredit.com president of consumer education John Ulzheimer, consumers are now opting to pay Read full article »

Fannie Mae Asks Treasury for $5 Billion

Although government-controlled GSE Fannie Mae lost much less money in the second quarter of this year than the first (“only” $2.9 billion vs. $6.5 billion in the first quarter), the GSE has still requested an additional $5 billion from the U.S. Treasury, bringing the tally of taxpayer-funded support to $104.8 billion since the federal government assumed control of the entity. Read full article »

Analyst Advises Investors to View Debt Ceiling Deadline as a Buying Opportunity

While many investors are nervously watching the approach of the August 2 debt ceiling deadline, at least once expert, chief investment strategist at D.A. Davidson Fred Dickson, says that if anything, investors of all types should view the outside chance that the government will not raise the debt ceiling as a “buying opportunity”. Dickson believes that there is only about Read full article »

What the End of QE2 Could Mean for You

In June, something called QE2 is set to end, and most real estate investors do not even know it. However, this government strategy, called “the Titanic” by some economists, plays a major role in our market and will, at a minimum, impact interest rates and lending when it is no longer in effect. In this article, we will explain and Read full article »

Banks Beginning to Let Mortgage Defaulters Back In

For years, a mortgage default has pretty much been a guarantee that you would be renting or creatively financing your next home. Now, however, banks and other lenders are beginning to adjust their policies on former homeowners who defaulted on their mortgages, extending credit “beyond the best borrowers to include those with significant blemishes on their credit reports". This news Read full article »

The Politics of Real Estate

Few industries are as profoundly impacted by the political machinations in Washington as the real estate industry. Whether it's old legislation like Jimmy Carter's Community Reinvestment Act or Barack Obama's massive mortgage bailouts, the U.S. political machine has a huge impact (usually bad) on the business of real estate.

Ideally, we could ignore politics. But here at the Bryan Ellis Real Estate Letter, we insist on seeing the world with clarity - including the reality of Washington's aggressive involvement in every facet of our business, from mortgage lending to real estate sales license; from loan modification regulations to appraisal requirements... every piece of our business is profoundly impacted by politics. So rather than stick our heads in the sand and ignore reality, readers of the Bryan Ellis Real Estate Letter choose to be informed and prepared.

About Bryan Ellis

Bryan Ellis is an Atlanta-based real estate analyst and publisher of the widely read newsletter "The Bryan Ellis Real Estate Letter". With over 200,000 subscribers - including real estate investors, agents, brokers, appraisers and other real estate professionals - the Bryan Ellis Real Estate Letter is among America's largest sources of unbiased coverage of politics and public policy for the real estate industry.

Bryan Ellis serves as editor in chief for the Bryan Ellis Real Estate Letter and is assisted by an extraordinary staff of writers, researchers and editors who are each real estate experts in their own right and who assure that the news we report is well researched, factual, and highly relevant to today's real estate industry.

Bryan is very happily married and has two wonderful daughters. He makes his home in the suburbs of Atlanta, Georgia. You can contact the team at the Bryan Ellis Real Estate Letter here.