Not Really Sure

Posted by Shawn Simpson // June 29, 2022

How much will mortgage rates moving up a lot affect housing prices? Not really sure. We’re watching that quite carefully.” No one knows — not even the world’s most powerful central banker. During the news conference following last week’s meeting of the Federal Reserve Open Markets Committee, Fed Chairman Jerome Powell acknowledged a sharp rise […]

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Misconceptions of First-Time Homebuyers

Posted by Shawn Simpson // June 22, 2022

Realty Biz News writes about misconceptions of first-time homebuyers. The number one misconception: Misconceptions of First-Time Homebuyers It’s cheaper to rent than own. This may be true if you’re planning to rent for a short period of time. But, if you’re planning to rent for several years, you might be better off purchasing a home. A […]

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Some Change

Posted by Shawn Simpson // June 15, 2022

Some change comes down for the betterYou feel it moveThen some come around like the weatherYou take that in tooBut like some change in your pocketSometimes it seems to be too little too late. Boz Scaggs Some Change. WOWT Six News said, “This week mortgage rates hit 5.23%. That rate was less than 3% this […]

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Stop Omaha Foreclosures

Posted by Shawn Simpson // June 8, 2022

Analysts say the U.S. is close to a recession because the FED is boosting interest rates to cool inflation. A recession means trouble for housing, rising unemployment, and businesses going bust. Here is critical information you need to stop Omaha foreclosures 9 Ways to Stop Omaha Foreclosures Bringing the Loan Current, aka Reinstatement – Believe it or […]

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Is Inflation Out of Control?

Posted by Shawn Simpson // May 25, 2022

With Real Vision’s latest “debate” between Peter Schiff and Ross Gerber some interesting ideas come forward: the debate about the future of interest rates and inflation. Does the FED have the ability to stop inflation by a subdued rise in interest rates or is inflation out of control? Are much, much higher rates in our […]

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Buyers Are Turning to Adjustable-Rate Mortgages or ARMs

Posted by Shawn Simpson // May 18, 2022

Did you know that 10-year interest rates peaked in 1981 at 15.8% and have been in a bull market with lower highs and lower lows every year? Interest rates have fallen for 41 years. The recent inflation numbers, the highest in over 40 years, are causing interest rates to rise. You could draw a line […]

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Selling an Inherited Property

Posted by Shawn Simpson // May 11, 2022

Over the next four decades, boomers will inherit upwards of $27 trillion. Selling a house, you inherited could increase your savings account and get you closer to your long-term retirement goals or provide a college education. But, on the other hand, your relationship with your siblings could change into a thunderstorm as the probate process exposes the […]

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Should You Make the Move to Independent Living?

Posted by Shawn Simpson // April 22, 2022

Should You Make the Move to Independent Living? The place where you live is more than four walls and a roof. It’s where you settle in after a long day, where you celebrate with friends and family, and where you feel safest and most comfortable. So, what happens when your family home no longer fits […]

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30-Year Fixed Interest Rate

Posted by Shawn Simpson // April 20, 2022

The FED has told us that after this last interest rate increase, there will be many more to come. For example, the 2021 national average ended with a 30-year fixed interest rate of 3.19%. The latest 30-year fixed interest rate is 5.06%. That’s a 58% increase in rates in four months, with much more to […]

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Accessory Dwelling Units (ADU)

Posted by Shawn Simpson // April 13, 2022

As the shortage of housing stock continues unabated, the profile of so-called accessory dwelling units (ADU) are small homes that share a plot of land with more significant, single-family homes. Sometimes called “granny flats,” ADUs are generally around 1,200 square feet or less and provide a viable, low-cost alternative living accommodation for both renters who […]

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