Tag: income property investing
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Foreign Investment Heats Up US Housing
King Solomon was no stranger to investing across borders. The great King turned to his neighboring monarchs for the help and materials to build his magnificent temple and used trade and alliances to keep his kingdom secure. And today, as foreign investment in US residential real estate tops $7 billion, housing industry observers are debating…
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What Happens to Housing in 2014?
King Solomon had harsh words for those who try to predict the future. But he also reminds us that the wise make good use of the information that’s available in order to make prudent decisions about the next steps to take. As the new year gets underway, investing experts and economists are drawing from last…
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Social Media Activity Can Sink Loan Applications
Prudent people pay attention to wise advice to steer clear of reputation-damaging people and places, as King Solomon tells us in Proverbs 2_11-12: “Counsel shall keep thee, and prudence shall preserve thee, that thou mayst be delivered from the evil way, and from the man that speaketh perverse things.” While the wise king had actual…
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5 Resolutions for Better Investing in 2014
It’s that time of the New Year again, when resolutions are made and broken. But alongside the usual plans to lose weight, get organized or learn to dance, it’s not a bad idea to put some of that resolve into managing your investments. Inspired by King Solomon’s advice from the Book of Proverbs to act…
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Top 5 Money Stories of 2013
In the first verses of the Book of Proverbs. King Solomon tells us that his words are meant to help others “to know wisdom, and instruction.” (Proverbs 1:2) In the spirit of the great King’s intention, we’ve been bringing you the trending topics of our day that affect investing and prudent money management. Here’s a…
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New Rules Change the Lending Landscape in 2014
“The path of the just is a shining light,“ King Solomon says in Proverbs 4:18. Today, a string of lawsuits and new laws are attempting to bring justice to the ethically challenged US mortgage lending industry. And these efforts to protect consumers and hold lenders to new standards are changing the landscape of lending in…
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New Debt to Income Ratio Rule May Cool Borrowing
King Solomon reminds us that wisdom and equity go hand in hand – and create the foundation for a prosperous blessed life. But efforts to create an equitable solution can have unintended outcomes. That’s what may happen in 2014, when new provisions of the sweeping Dodd Frank Act tighten up borrowing standards in an effort…
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The Fed Starts to Taper – But Who Benefits?
A king’s throne is strengthened by clemency, King Solomon tells us in Proverbs 20:21, so that the whole country benefits by gestures of support from the top. Though there’s no throne involved, the Federal Reserve’s massive stimulus plan reflects the same intent. And now, with its recent decision to begin tapering down that plan, financial…
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What To Do When A Bank Says No
One of the essential principles of prosperous living, as King Solomon tells us in his Proverbs is equity – dealing fairly and evenhandedly with others. But in the complex and confusing world of mortgage lending today, equity seems nowhere to be found, as lenders accept – or deny – loan applicants for reasons that aren’t…
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Fannie Mae Changes the Balance in Mortgage Lending
One way to achieve a prosperous life blessed by God is to deal honestly and equitably in the world, according to King Solomon. “A deceitful balance is not good,” he tells us in Proverbs 20:24. Now, a new move by government megalenders Fannie Mae and Freddie Mac to reduce their presence in the mortgage industry…