by Jacob Lilley | Aug 24, 2018 | Blog, Bozeman Mortgage Lender, Montana Mortgage Loans, Mortgage Rates
Home sales numbers and other housing-related data have been hot topics of conversation recently. Some say positive housing trends are over. Others say it’s no big deal. The truth continues to be somewhere in between. It’s clear that we’ve turned... by Jacob Lilley | Aug 17, 2018 | Blog, Bozeman Mortgage Lender, Home Buying, Home Selling, Mortgage Rates
There’s no question that some housing markets around the country are showing signs of cooling. Price reductions are starting to show up again after an extended absence, the average home is staying on the market a bit longer, and inventory is finally coming up... by Jacob Lilley | Aug 10, 2018 | Blog
Turkey is the 17th biggest economy in the world in terms of GDP. That’s neck and neck with the Netherlands, roughly 20% bigger than Saudi Arabia (the next closest country) and 4 times bigger than Greece. So the fact that Turkey is in the throes of a debt... by Jacob Lilley | Aug 3, 2018 | Blog, Home Selling, Mortgage Rates
News has been pretty grim recently for interest rates and the housing market. This week’s developments may provide a glimmer of hope. Granted, it could turn out to be false hope, but for now, let’s focus on the glimmer! Freddie Mac reported a medium-big... by Jacob Lilley | Jul 27, 2018 | Blog, Home Buying, Home Selling
Both New and Existing Home Sales came in lower than expected this week. Taken together with last week’s big drop in Housing Starts, this raises obvious questions about the housing market. How much should you worry? Incidentally, I posed the same question in last... by Jacob Lilley | Jul 20, 2018 | Blog, Home Buying, Home Selling
A monthly report on new residential construction came out this week, showing a big drop in housing starts (the groundbreaking phase following a building permit). Should we worry about a slowdown in home sales? The short answer is “no.” The long answer is... by Jacob Lilley | Jul 13, 2018 | Blog, Mortgage Rates
Rates ended the week at the best levels since late May. That sounds pretty great, right?! Unfortunately, there’s a fairly big catch. The problem with the past month and a half is that the range has been excruciatingly narrow. In fact, if you’ve been in... by Jacob Lilley | Jul 6, 2018 | Blog
This week’s most prominent news was the so-called “official” beginning of the trade war between the U.S. and China. For something so official, it left much to be desired in terms of market movement. Let’s sort out what’s real,... by Jacob Lilley | Jun 29, 2018 | Blog
Conventional market wisdom tends to classify stocks and bonds as archetypal investments on opposite ends of the risk spectrum. Stocks are for those who feel confident enough in the economy to take risks and bet on growth. Bonds are safe havens that offer at least... by Jacob Lilley | Jun 22, 2018 | Blog, Home Buying, Home Selling
This week was chock full of housing data ranging from construction and builder sentiment to the most recent tally on existing home sales. The takeaways can vary depending on your angle of approach. So let’s look at all angles! A key news item came from the New...
