If you're a Los Angeles Department of Water and Power (LADWP) customer, you've probably noticed that electricity isn't getting any cheaper. And if you're paying attention to the political discussion surrounding utility rates, particularly during an election cycle, much of the criticism seems to land ... » Learn More about Your LADWP Bill Didn’t Get Expensive Overnight: The LA100 Decisions Behind Rising Electricity Costs
Regulations and Laws
Why All the Paperwork? The Reality of a California Real Estate Transaction: It’s Not a Garage Sale
One of the complaints I hear periodically from buyers and sellers is pretty simple: “Why is there so much paperwork?” It’s a fair question. After 40 years of selling real estate and originating mortgage loans in California, I can tell you that the amount of paperwork involved in a real estate ... » Learn More about Why All the Paperwork? The Reality of a California Real Estate Transaction: It’s Not a Garage Sale
Oil, Inflation, the Fed, the National Debt, and Why Mortgage Rates May Stay Higher
If you’ve been watching mortgage rates lately, you’ve probably noticed something: they’re going the wrong direction again. The Freddie Mac 30-year fixed mortgage rate jumped to 7.28% as of October 1, up from 7.03% just one week earlier. A year ago, it was 6.34%. There are obviously a lot of ... » Learn More about Oil, Inflation, the Fed, the National Debt, and Why Mortgage Rates May Stay Higher
Modernizing the Fed: Why Better Data Means Better Interest Rate Decisions
I’ve said it several times, one thing has become increasingly clear over the past several years… the economy moves faster than the Federal Reserve's traditional decision making process. The Fed has a difficult job. It has to balance inflation, employment, economic growth, and financial stability, ... » Learn More about Modernizing the Fed: Why Better Data Means Better Interest Rate Decisions
The 21st Century ROAD to Housing Act: A Step in the Right Direction, But Housing Is Still a Local Issue
Congress has officially passed H.R. 6644, the 21st Century ROAD to Housing Act, one of the most significant federal housing packages we've seen in years. The bill became law despite not being signed by President Trump, as Trump didn’t veto it, and under the Constitution, a bill that has passed both ... » Learn More about The 21st Century ROAD to Housing Act: A Step in the Right Direction, But Housing Is Still a Local Issue