Articles

What’s More Painful Than Purchasing a House Right Now… RENTING! June 22, 2022
What’s More Painful Than Purchasing a House Right Now… RENTING!

What is more painful than buying a home right now, even with interest rates high and housing prices going up year over year? It’s renting! Double-Digit Increases in Rent Costs We have a report on rent costs around the country. The lowest…

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It’s Fed Day – So Far So Good June 15, 2022
It’s Fed Day – So Far So Good

Today is Fed Day, and it’s been a doozy! Last Friday, the CPI number came in higher than expected, so there’s been a lot going on in the market. We’ve seen mortgage rates up by 3/4 of a percent! It hasn’t been…

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Ten Things That Require Zero Talent… These are Awesome! June 8, 2022
Ten Things That Require Zero Talent… These are Awesome!

Usually, my weekly videos are related to real estate and mortgages. But I wanted to share something different after a company call today with Walter Niel (our owner at Franklin Loan Center), and he was talking about the 10 things that require…

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Jobs Report Friday… Why Does It Matter? June 1, 2022
Jobs Report Friday… Why Does It Matter?

In a few days, on Friday, is the 1x per month jobs data number report. This comes out the first Friday of every month. It looks at the previous month’s jobs numbers and includes unemployment information. Why does it matter? It’s one…

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April Housing Data Still Looking Strong May 18, 2022
April Housing Data Still Looking Strong

The April housing data report came out, and it continues to show strong numbers. But some of what we have been talking about is indeed starting to happen. Here’s what you need to know: Year Over Year Inventory is Higher For example,…

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Peak Inflation… Probably Not Yet May 11, 2022
Peak Inflation… Probably Not Yet

Today, a big economic data point came out: Consumer Price Index (CPI). It’s an inflation number, which is an important hot button in the mortgage industry right now, because inflation is the main reason why interest rates are going up. Inflation is…

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Franklin Loan Center | NMLS 237653
Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act, 4131316
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