Instead of the heavy urban policy analyses this blog has been conducting lately, we have a quick, informative, and (hopefully) fun post for you. Mortgage. It’s an odd word. One that seemingly has nothing to do with any of the modern words we use for a “loan”. “Allowance”? “Credit”? “Advance” Nope, nope, and no. According to the … Continue reading Where Does the Word “Mortgage” Come From, Anyway?
At Nest, we’re big fans of deep thinkers in housing and urban policy. Recently we’ve been interested in the work put out by The Kinder Institute for Urban Research at Rice University which puts out some of the best research on Texas’ housing markets. The Kinder Institute recently highlighted the latest thinking from Richard Florida, author of … Continue reading Is the Urban Renaissance Leading to Income Inequality?
Today saw a rare move lately from the Fed: a stated intention to move interest rates higher. The move is so unusual because we have recently seen some of the lowest interest rates in the Fed’s history in an attempt to boost economic activity. Now, under the umbrella of some economic optimism, the independent board … Continue reading How does The Fed Actually Effect Mortgage Rates?