Discover and read the best of Twitter Threads about #Mortgages

Most recents (11)

Get an exclusive look inside @JewelSwapX!🕵️‍♂️

We sat down with their Co-Founder last Wednesday and delved into #NFTs, their modules, and plans for the future!

Here are the top 3 key takeaways from our conversation🧵

#MultiversX #EntityFinance Image
Q: Can you talk about the process JewelSwap goes through to ensure the security of its smart contracts? Since there isn't any audits mentioned on the JewelSwap Website or Docs section.
A: Our approach to securing smart contracts on JewelSwap is deliberate and transparent. The initial strategy was to hold off on auditing until we had completed a substantial portion of the code. While the cost of audits is significant, that wasn't our primary reason for this… twitter.com/i/web/status/1…
Read 8 tweets
🧵 Poilievre's #misinformation saying the federal govt has done nothing on #housing is bogus. #Housingsupply is a primarily a Provincial & Municipal issue. During 2022 the federal govt has taken significant steps towards making housing more affordable for Canadians including:
#Budget2023 announces that financial institutions will be able to start offering the Tax-Free #FirstHomeSavingsAccount to Canadians as of April 1, 2023.
#Budget2023 announces the government's intention to support the reallocation of funding from the National Housing Co-Investment Fund's repair stream to its new construction stream, as needed, to boost the construction of new affordable homes for the Canadians who need them most
Read 9 tweets
Today is an hot day, not only for temperatures, but also for economic data.

Follow me meanwhile I unroll all the new prints we had today

Super important thread on #inflation and the #housing #market

Lot of metrics to cover, get comfortable and get ready

🤓🧵 Image
#CPI prints:

#UK YoY
Actual
9.4%
Forecast
9.3%
Previous
9.1%

#UK MoM
Actual
0.8%
Forecast
0.7%
Previous
0.7%

#Canada YoY
Actual
8.1%
Forecast
8.4%
Previous
7.7%

#Canada MoM
Actual
0.7%
Forecast
0.9%
Previous
1.4%

Let's unpack it briefly
With a 9.4% UK finds itself on the firsts European (continent) Countries that are approaching double digits #inflation, and with the lack of haste in interventions on the #monetary #policies side, the #peak #inflation seems still far away. Let alone the MoM momentum, still high
Read 20 tweets
Reading lots of can’t get a mortgage but qualify on income, credit, DTI & lots of self employed (SE) having problems

Here are tips on finding that unicorn lender

1. Ask for referral. What were fees, rate at par (no pts), how long did it take to close, issues/how resolved? 🧵 Image
2. Call each lender & ask questions above. Confirm they lend on what you want to buy. How many SE loans? Ask them for addresses of purchases closed- if they say they can close in 15 days go look at Pending/closed dates. Ask them for client or realtor references. Call them
3. Ask LO for examples of issues & how they solved them. Shit happens, but the good ones solve them & close on time or maybe a day or 2 late but not WEEKS late as a rule. There’s always exceptions but a good loan officer (LO) does the homework upfront before you go into escrow
Read 15 tweets
Healthcare spending to increase by £44bn by the end of the parliament.
The new Social Care Tax will go towards the NHS and social care services.
#Budget21
Also providing local government with £4.8bn funding
New housing settlement & more new homes "The largest in a decade"...
Is it really going to meet the New Homes quota that is needed?
#Budget21 #homes #mortgages
Read 4 tweets
In August we saw #inflation growth moderate further, for the second consecutive month, at least relative to the impressive rate of growth in #prices witnessed around mid-year.
Core #CPI (excluding volatile food and energy components) came in at 0.10% month-over-month and 3.98% year-over-year, which was considerably less than the consensus forecast and was driven higher by #shelter components.
Meanwhile, headline #CPI data printed at a solid 0.27% month-over-month and came in at 5.20% year-over-year.
Read 11 tweets
Today’s robust #inflation data surprised in its strength and will likely persist in the short-run, and in some areas the intermediate-term, although we think that long-term the @federalreserve is largely correct in identifying real #economy price gains as mostly #transitory.
Much of today’s #inflation is due to reopening factors and supply constraints, but as #SupplyChains normalize from Covid-related shocks and #inventories rebuild, we expect much of the recent inflation will be transitory, with some stickiness in pricing pressure longer-run. Image
That may be especially the case where #inventory levels are harder to build up quickly and continued #demand from higher levels of #growth persist for at least the next year, or so.
Read 9 tweets
Lumber Prices Are Soaring. Why Are Tree Growers Miserable?
Sawmill operators harvest gains while Southern landowners struggle with tree surplus; ‘I’m not making anything’

wsj.com/articles/lumbe…
Mortgage Companies Want In on the IPO Boom. Investors Aren’t Convinced. 

Initial public offerings for mortgage lenders haven’t worked out the way all the companies were hoping
wsj.com/articles/mortg… #realestate #rates #home #housing #credit
Read 11 tweets
The #UKGovernment Torture Report

This is a very short overview of what the #UKAuthorities have done in the case.

#PraiseTheLORD #PraiseGod #Borisjohnson #Downingstreet #PritiPatel #UKParliament #Dailymail
In 2005, I set up a business selling CDs, namely mixtape CDs after graduating from Uni.

In 2006, my home was raided & my business was stopped. They said the CDs I was selling were in breach of copyright.
It was a complete shock as the exact same CDs I was selling were prevalent on most high streets and supermarkets. They were selling in their thousands in places such as #Tesco & #HMV. And #Woolworths were the actual UK Distributor of these CDs.
Read 91 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!