All posts in " Real Estate "

The Rental Crisis

May 11, 2023

I reported how BlackRock is now the largest landlord in the US. Institutions have purchased hundreds of billions in real estate across the nation and have no plans to sell because rentals are a lucrative venture. Inventory is at a historic low and people simply cannot find a place to live if they need to […]

The Largest Landlord in the US

May 10, 2023

Anyone familiar with the housing market conditions post-pandemic knows that cash buyers and institutions consistently outbid the average buyer. I know a realtor who has spoken primarily to consultants working on behalf of companies, and they’re willing to purchase properties over-market on a consistent basis. They know they can buy these properties and rent them […]

Republicans Fighting Biden’s Mortgage Madness

May 3, 2023

Republicans at the state level are demanding that Biden and the FHFA repeal the asinine new law that punishes Americans with high credit scores by forcing them to subsidize the mortgages of those with low credit scores. The Biden Administration has been attempting to control real estate for some time. In June 2021, Biden forced […]

New FHFA Rule- Middle Class to Subsidize High-Risk Borrowers

April 26, 2023

Biden is ushering in new socialistic policies and there are no checks and balances. I mentioned a few weeks ago how Fannie Mae and Freddie Mac are changing Loan Level Price Adjustments (LLPAs) on conventional loans. To ensure “fairness,” the agencies are helping “underserved” home buyers by reducing costs for those with lower credit scores […]

New Home Buyers Penalized for High Credit Scores

April 19, 2023

Fannie Mae and Freddie Mac are making some changes to Loan Level Price Adjustments (LLPAs) that will likely hurt those with good credit applying for conventional loans in the US. To ensure “fairness,” the agencies are helping “underserved” first-time home buyers by reducing costs for those with lower credit scores and less money for down […]

Only 32% of Lenders Profited on Mortgages in 2022

April 13, 2023

The talking heads have been warning of a housing crash, but that is not what Socrates indicated. The 30-year fixed rate is around 6.89% at the time of this writing. Housing costs continue to rise, causing the costs of servicing mortgage debt to rise. Housing inventory is limited, and a recent report explains why we […]

Why Most Americans Cannot Afford a Home – A Price Breakdown

March 9, 2023

Are you too poor for the basic human necessity of shelter in Biden’s America? The average home price in Q4 of 2022 was $535,800, according to the St. Louis Fed.  If you live in a highly desirable area, expect to pay more. To simplify the math, let’s say that you are looking to purchase a […]

Banks – Interest Rates – Mortgages

January 14, 2020

COMMENT: Martin, as an avid follower, I took your advice to heart to try to fix our interest rate for the loan we have on our house. This was the answer I got from our direct advisor: “Have looked at your file, you can still enjoy your low-interest rate until 01/12/2020, in other words refinancing […]

Economy, Real Estate & Mass Migration

December 24, 2019

The US economy is still holding up the entire world. The US 3rd quarter economic growth was unrevised at 2.1%. This is still rather strong in the world of global recession yet still down from the 3%+ levels of pre-2008. Meanwhile, confidence in the housing market has finally rebounded but much of this is due […]

BRICS, Real Estate, & Pensions

December 19, 2019

QUESTION: Dear Amstrong, Thank you for all the training you have been teaching us for years. Even though I have gone through 3 universities and have special titles in economics and finance, only after accompanying you for these 15 years, I could understand a little of the true world in which we live. I have two […]

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