🌐 Following a positive job report, 30-year fixed mortgage rates soared above 7%. Why the sudden jump?
💡 Good Economy, Costly Loans: A robust job market attracts homebuyers, but it also signals to the Federal Reserve ...
Just heard that 36 cities in 20 U.S. States are dumping the dollar. I could NOT find any evidence of this being the case. So I that being that BP members reside all over that maybe someone can say if their city is s...
We were quoted 4.75 apr for a 15 year mortgage. The lender said rates have been going up. This is confusing because the fed has been lowering rates. -4.75 is well above the average 3.02 posted on other sites that ag...
If anyone looking for a new market to invest in, consider playing around the the Federal Reserve's GeoFRED maps. The St. Louis fed has a very popular website that regularly publishes economic data; they also break dow...
I am impressed with this video clip: Decent rowdy crowd, and Peter Schiff speaking.
I love his statement of how Wall Street was drunk and the Fed supplied the alcohol.
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What are the odds all banks will put a pause on our investment loans? I’ve got two Freddie loans and seven loans through my credit union. I’ve got some reserves for this, but I could be out of a job soon myself and co...
Hi everyone. I'm a new wholesaler. I was driving a neighborhood the other day looking for vacant homes. When I got home to find who the owners were ( and other data) I found out that all of the homes in this whole ne...
Happy 2024 BP Compatriots! Congrats, you made it 😉.
First post of the new year, where if you haven't read one of mine in the past, I do a brief, hopefully insightful, dive into real estate and financial markets. Plu...
Hello, I'm looking for a commercial lender for a multifamily property in Pennsylvania. The property is half vacant currently, and will need renovation. Loan balance between $1M-$2M. Any recommendations? Thank you!
I am currently a deployed Army Reserve Soldier. Federally employed as a mechanic (been a wrench my entire career). I have reached a point where I am tired of struggling to get by in the only line of work that I know....