Okay, so I’m working out getting back into the swing of things with the blog and what I’m realizing is that developing brand new content is exhausting… especially considering the fact that writing about the mortgage industry means re-purposing the same thing over and over again. So… with that in mind. Let’s just take a quick spin around the horn and look at what happened this week. First and foremost, let’s take a look at the 10-year Treasury Note. We’re sitting around the mi

Last week, we posted about the $5.5 trillion in equity that homeowners are sitting on and pondered when and how homeowners would start to tap into this equity. According to the census bureau, the current average sales price of a home in the US is $376,700 but just 5 years ago it was $312,500. That is an increase of $64,200 (or 20%) in just 5 years! With a surge in housing prices, most homeowners are probably unaware that their assets have appreciated so quickly and may be i