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I usually don’t need to hold a finger up to the wind to feel which direction the housing market is blowing. Or read the latest stat sheets to see if homes are selling or not. No, I have my own barometer to the health of the housing market. If my wife is constantly on her cell phone, it’s good. She’s a realtor. And her phone has been glued to her ear the… Read More

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Mortgage rates continue to be ridiculously low, hovering around 5%. Rates are great. Home prices are low. It’s a perfect storm for buying a house, right? You’d think. Trouble is, so many people can’t land a loan.¬†I hang around realtors a lot (my wife is one), and I’ve heard more than once how difficult it is to borrow money. Tighter Restrictions These days, only qualified borrowers get financing. ¬†CNNMoney.com reports that nearly… Read More

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