This week in Real Estate and Property Management news: Mortgage rates fall to the lowest level in three months — but this could be a double-edged sword for buyers. Escaping the Day-to-Day Grind to Work on Your Business with Jefferson Lilly, Pushing After 150k Loss in One Day with Bob Lachance. Also, it appears that a refinancing boom is fueling mortgage rates to a new post-crisis record. This and more below the fold.
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🎧 Latest Podcasts
BiggerPockets Podcast 369: Escaping the Day-to-Day Grind to Work on Your Business with Jefferson Lilly
Want to step out of your business and finally gain the freedom to think more strategically? Let Jefferson Lilly show you how! Jefferson is a mobile home park investor, who went from sleeping on an air mattress on-site at his mobile parks to running a lean team and focusing his energy on raising mill
📖 Latest Blog Posts
From Calculated Risk’s Most recent posts
NAHB: Builder Confidence Decreased to 74 in February
- by Calculated Risk on 2/18/2020 10:04:00 AM
NY Fed: Manufacturing “Business activity picked up in New York State”
- by Calculated Risk on 2/18/2020 08:56:00 AM
Tuesday: Empire State Mfg Survey, Homebuilder Survey
- by Calculated Risk on 2/17/2020 06:02:00 PM
Update: Real Estate Agent Boom and Bust
- by Calculated Risk on 2/17/2020 01:36:00 PM
The Housing Bubble, Mortgage Debt as Percent of GDP
- by Calculated Risk on 2/17/2020 10:27:00 AM
From Realtor.com’s Latest News
Refinancing Boom Fuels Mortgages to Postcrisis Record
- Lenders extended $2.4 trillion in home loans last year, the most since 2006, according to industry research group Inside Mortgage Finance. That was also a 46% increase from 2018.
FICO Changes Could Lower Your Credit Score
- Credit-scoring company Fair Isaac is making changes that will create a bigger gap between consumers deemed to be good and bad credit risks.
Mortgage Rates Fall to the Lowest Level in Three Months—but This Is a Double-Edged Sword for Home Buyers
- Persistently low mortgage rates have both a positive and a negative influence on the housing market.
U.S. Existing-Home Sales Wrapped Up 2019 on Solid Note
- Home sales rose 3.6% in December as low unemployment and rates support demand for home buying.
From Spark Rental’s Latest Blog Posts
What Is Wholesaling Real Estate? Is It Too Good to Be True?
- For most of us, the term “wholesale” refers to the lower price that a business pays for items, compared to the retail price that they sell to consumers. It turns out that real estate wholesaling works exactly the same way. But in the case of wholesale real estate, the…
How to Buy Foreclosures: How John Nets $20,000 in Monthly Rents
- At 30, John Soforic was broke. But he had a vision: he wanted to earn $220,000 per year in passive income. So he wrote himself a check for $220,000, which he set aside where he would see it. By his late 40s, that vision had become reality. Not that he waited that long…
Rental Property Deduction Checklist: 20 Tax Deductions for Landlords in 2020
- The billionaires of the world are not doctors or lawyers, they’re entrepreneurs. Specifically, they are people who started their own businesses, whether those businesses are online, brick and mortar, or real estate empires. Starting and owning a business provides a…
When Should Landlords Add a Co-Signer on a Lease?
- “I’m sorry, but you need a regular income and a good credit rating to lease one of our apartments,” Mary Keller explained to the anxious 20-year-old student eager to lease a one-bedroom unit in the popular Harlan House Apartments near the University of Arkansas. The…
From Bigger Pockets’ Top Popular Posts
Stop Begging for Mentors (Do THIS Instead!)
- By Mitch Messer
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From PM Insider’s Latest Posts
- Accounting 101: 8 Accounting Practices to Help Your Business Thrive
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