Archive by Author

Mortgage Rate Update June 12, 2017

Nearly 122 years ago 11 golfers showed up at Newport Country Club in Rhode Island and played a 36 hole tournament in one day.  The winner, Horace Rawlins, was the very first US Open medalist and took home $150 for his performance.  This year’s tournament, which begins this Thursday at Erin Hills Golf Course in […]

Mortgage Rate Update June 5, 2017

On this day in 1933 Congress enacted a joint resolution that nullified creditors ability to demand gold effectively taking the US dollar off the gold standard.  Also not backed by gold (or even a government) are bitcoins.  The lack of backing doesn’t seem to be impacting its value though.  Had you invested $1,000 in bitcoins […]

Mortgage Rate Update May 30, 2017

In 431 B.C. Athenian general Pericles delivered a speech praising the sacrifice of soldiers who perished in the Peloponnesian War.  This is the first known event in which those who have paid the ultimate price for the benefit of others were honored publicly.  In 1971 the US Federal Government made “Decoration Day” a federal holiday […]

Ideas Worth Sharing for May 25, 2017

You can review my weekly newsletter at THIS LINK.  In this week’s edition I explore a couple headlines Zillow made recently.  First, the CFPB is currently investigating the company for possible RESPA violations.  Second, Zillow is testing a new service in other markets that could disrupt how homes are bought and sold.  Finally, if you […]