This week the stock market had its ups and downs, but the reason for the movements is what is not only surprising, but shocking.  It is for this reason I finally learned that logic does not prevail in any way in the stock market today.

Despite the fact that we had a week of poor economic reports on housing, jobless claims, and other areas (I will...

On October 1, 2011, FHA  will implement new single-family loan limits as specified in the Housing and Economic Recovery Act of 2008 (HERA).  As a result, FHA will reduce loan limits in the highest cost metropolitan areas of the country while limits would remain unchanged in most other parts of the nation.

In this era of low mortgage rates, few borrowers are opting for ARM loans. We all know that at some point that will change and lenders will all have to dust off their ARM margin notes and remember things like LIBOR, created in the 1980′s. The London Interbank Offered Rate is a key adjustable rate mortgage index, but also helps price...

08/16/2011 By: Ryan Schuette

08/10/2011 By: Ryan Schuette

Wow- last week I said that I had confidence in our government to resolve the debt issue.  I hate to say this but I am beginning to have my doubts.  If the Democrats and Republicans are as far apart in reaching an agreement as they say they are, then we have a potential economic train wreck on our hands.  As I wrote last week, in the event that th...

Outside of the fact that our government has yet to come to an agreement on raising the debt ceiling, I am excited to announce that this week we have had primarily positive news on almost all fronts.

The stock market as of this report is up over 300 points for the week.  Many investors believe that although Congress has yet to ink a debt deal, ...

July 20, 2011 – 2:43 p.m.

Frank: White House Will Back Extension of Current Home Loan Guarantees

By Ben Weyl, CQ Staff 

The Obama administration will support a one-year extension of the current limits on mortgage loans backed by the federal government, Rep. Barney Frank said Wednesday, a shift in administration policy that will be cheered by the...