When a property market changes there’s always a lag between that point and when market participants figure it out. Interestingly, participants never figure it out at the same time, which always creates tension. And tension is just another word for … Read more
Archives for November 2017
November 29, 2017 By
Banks say credit rationing is a myth: Yeah right
If it walks like a duck, farts like a duck and makes a great confit like a duck, then it’s gonna be hard to call it anything else. Yet that’s exactly what a couple of bank CEOs would have you believe. Sorry, gents I’ve got to take you to task … Read more
November 27, 2017 By
Getting a proper pre-approval
Following on from last month's post about moronic home loan pre-approvals, I thought I’d throw a word of caution out about the limitations of a quality mortgage pre-approval. Yes, sorry to say, there are some. Obviously, a real pre-approval is … Read more
