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The next big week for rates

The next big week for rates

Last Friday I did not send a newsletter out because I was in Paso Robles in 110 F heat. And it looks like I wasn’t the only one drying up on my trip. This week had one data point to move the markets and that was the Institute of Supply Management’s service sector...

Why cash is not always King

Why cash is not always King

In the buying and selling process, it’s common to think that cash is king. But just because it’s been done doesn’t mean it’s always done that way. Sometimes being faster gets you the deal. We had a client 2 weeks ago that was bidding on a house against 2 other cash...

An eclipse and flat rates? Here’s what happened

An eclipse and flat rates? Here’s what happened

It was a slow economic newsweek this week. And despite the excitement over the eclipse, it didn’t give us lower rates. Even the news of July new homes sales numbers announced Wednesday had fallen 9.4%, still didn’t help the rates decrease at a noticeable level....