ACC Archives

Tag: Real Estate
Home prices up 6.4% compared to a year before

This is of course both good and bad news. Unfortunately for some this price uptick will make it even more difficult to get into a home. And with interest rates in the short to medium term moving up this...

Basic economics San Francisco hipster style

I’m not dissing San Francisco here. I’m not even dissing San Francisco hipsters. (Who are way more fun that the Brooklyn type in my experience.) I actually like the city quite a lot. But I don’t have to pay taxes...

Interest-only mortgages: They’re baaack

Oh this is a great sign. It does sound like the parameters around these new interest only loans are pretty conservative, 20% down, 720 FICO score, etc. But take it as a bellwether. Watch to see if more of this...