Market Update This has been a very volatile week in the market. Here are the major headlines: The International markets have been riding the rollercoaster in Greece as they vote on a referendum that affects the stability of the Eurozone. Jobs Report (Non-Farms Payroll) was weaker than expected. There were 223,000 Jobs created in June, […]
Market News
How is Convexity Selling Increasing Interest Rates?
What is the cause of interest rates increasing over the last few weeks? Convexity selling by bond traders is the cause. Here is how it works: When Fannie Mae sells bonds the prices of those bonds are what determine your interest rates. This creates convexity selling and buying the buyers of these bonds are typically bond funds. […]
Tres Knippa: Foretells America’s Economic Future
Tres Knippa, the Founder of Short Japan Debt believes that long term there is a significant likelihood Japan will experience a sovereign debt crisis and a notably weaker currency. As a result, Tres believes there is opportunity in being net short the Japanese Government Bond market and the Yen. Although no one can guarantee the future […]
Chris Scheer Sticks around to Introduce Sold Home Alert – Another Great Feature of Home Scouting!
Sold Home Alert is designed for people who own a house and want to keep track of their investment. Nine out of ten people go online looking for information such as: what is my house worth and what did my neighbors house sell for? Using Sold Home Alert through Home Scouting answers these questions without selling your information to real estate […]
Check The Real Estate Healthiness of Your Zip Code + Doug Answers a Listeners Budget Question
Doug & Tammie talk the top ten healthiest zip codes in our area, is one of them yours? Check out the other 80 to see how you rank. Plus, Doug answers a listeners question, how intense do I really have to be with my budget?
Doug Sheds Light on Home Prices Outpacing Wage Growth in 76% of U.S.
According to the RealtyTrac report, home price appreciation is outpacing wage growth in 76% of U.S. housing markets in the last two years. RealtyTrac showed that nationwide home price appreciation is outpacing wage growth by a 13:1 ratio in the same time period. What this would mean is that housing prices would become unaffordable again, […]
Understanding The Impact of A Strong Dollar
The European Central Bank announced on January 22, 2015 that they would begin buying bonds worth 60 millions euros ($69.7 billion) a month. The quantitative easing bond buying program will last from March 2015 until September of next year. The ECB should end up purchasing over 1.1 trillion euros in assets. The announcement comes as […]
Time To Refinance
We are in the beginning wave of a refinance tsunami. For the last 20 months interest rates have been above 4 percent. For the first time in almost two years interest rates are below 4 percent. A good way to look at this opportunity would be not the amount of money you could be saving […]
Market Update: Rates Lower Than They Have Been in The Last Two Years
Rates have dropped lower than we’ve seen in the last two years. 30 year fixed rates are back in the 3% which will create a massive refinance boom. We are at the front end of this boom however, sometimes we get dips in rates and they jump back up making right now the perfect time to refinance. One of the first […]
Most Expensive Neighborhoods in St. Louis and Most Expensive House in America!
Do you know what neighborhoods in St. Louis are pulling in top dollar? Huntleigh tops the list with a median list price of 2.35 Million and median sales price of 1.375 Million. Huntleigh is followed by Ladue, Town & Country, Westwood, Clarkson Valley, St. Albans, Clayton, Frontenac, Des Peres, and Crystal Lake Park. The chart […]
