Federal Open Member Committee or FOMC broadly anticipate the Fed to raise interest rates in December. While the Federal Reserve officials see the economy expanding at a steady clip there were some divisions over where inflation is headed. A December rate hike is a near lock as the members anticipate that these factors slowing down […]
Denver Rental Market Growth – October 2017 Since the legalization of marijuana in Colorado, the Denver rental market has seen an exponential growth period. As a result, developers have been on a tear with new construction to meet the increased housing and rental demand. In June of 2015, rents peaked at 10.5 percent growth year […]
Former Fed governor Kevin Warsh is now the leading candidate to be the next Federal Reserve Chairman. Mr. Warsh is seen as a hawk when it comes to monetary policy. A monetary hawk, or hawk for short, is a term used to describe someone who places keeping inflation low as the top priority in monetary […]
Mortgage financing is now available to those working in the Colorado Marijuana Industry. Merritt Noel and American Liberty Mortgage are excited to offer mortgage loans to the Marijuana industry which has essentially been shutout from financing previously. Previously, financing was difficult for those working in the marijuana industry. Even though Fannie Mae will allow a […]
While the Federal Reserve left interest rates unchanged, they did take the first step to begin their “balance sheet normalization program” as they unwind its $4.5 trillion balance sheet next month. Starting in October, the U.S. central bank announced it will begin to roll off $10 billion to start, increasing quarterly in $10 billion increments […]
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