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Category Archives: Efinity Financial

10 Oct

Why Fall Is the Best Time of Year to Buy a Home

Few people know Fall is arguably the best time of year to buy a new home. The weather becomes cooler, the leaves begin to change, football season begins, and pumpkin-flavored everything is in abundant supply. But there's another great reason to love fall that might be less obvious...it's the best time of year to purchase a home. Prices Are Typically Lower The concept that buyers can get a better bang for their buck in the fall has been a popular notion for some time, but two recent reports validated that line of thought with data from actual home sales. According...

03 Aug

The number of homes for sale is a problem; here’s what to do about it!

In almost every major city in Texas there is solid demand from home buyers who struggle to find a home (any home) that meets both their housing and affordability requirements. This is especially true for first time home buyers. It’s a situation that requires both patience and creative solutions.On the other hand, this may be an excellent time for you to explore options that may not be on your short list. Here are a few suggestions;1.Look at a fixer-upper. That run-down house that’s been sitting on the market for months may be a diamond in the rough for a buyer...

17 Mar

Efinity Report 2017-03-17 00:19:00

As we indicated with our November 10th Blog, https://efinitygroup.blogspot.in/2016/11/if-you-currently-are-or-have-been.htmlthe Federal Reserve voted yesterday (Wednesday March 15th) to again raise the key interest rate one-quarter percentage point. This is just the first of three hikes we anticipate for 2017. The rate was increased one-quarter percentage point just three months ago in December 2016. This was the probable outcome following encouraging employment figures in February. We believe this consecutive increase marks a turning point in policy. The Fed raised the rate only twice in the past decade. Wednesday’s decision quickens the pace, signaling the potential for more aggressive action as the year...

13 Jan

The Fiscal Cliff

Following numerous requests from our clients, we thought we would put some effort on summarizing the tax related measures which resulted from the eleventh hour Fiscal Cliff agreement. These new laws are detailed in Senate Amendment to H.R. 8 and are collectively called The American Taxpayer Relief Act of 2012. For those unfamiliar with the Fiscal Cliff, hopefully this may provide valuable background information. We now await the political brinkmanship associated with the negotiations to raise the U.S. Debt Ceiling. Two New Taxes for 2013 Two new taxes go into effect starting January 1, 2013: 1. A 3.8% Net Investment...

13 Dec

Securities Lending – Share Hypothecation

For the last several months, Efinity Finanical has quietly grown in the Dallas Fort Worth market. Those clients already presently working with our advisors are well aware of the weekly commentary we publish. Last week's was so good we felt it should repost here on the Efinity Report. Enjoy.Securities Lending – Share HypothecationOne of the main issues facing the financial world today is the difficulty investors have estimating the effect that a specific financial issue, such as a 50% haircut on Greek bonds, may have on the global or domestic financial and banking system. So why can’t the people who...

02 Jul

You can lead an Economy to Water, but can you make it Create Jobs?

You can lead an Economy to Water, but can you make it Create Jobs? So it‟s now official, the U.S. Economy is going through a “soft spot”. According to the U.S. Federal Reserve Chairman Ben S. Bernanke, speaking last week at an International Monetary Conference in Atlanta: • "The U.S. economy is recovering from both the worst financial crisis and the most severe housing bust since the Great Depression, and it faces additional headwinds ranging from the effects of the Japanese disaster to global pressures in commodity markets. In this context, monetary policy cannot be a panacea." • …the economic...

31 May

As we called it, Double Dip Housing has arrived

Here are latest from S&P/Case Shiller report out this morning. • 4.2 percent decline in Q1 of 2011, 2.9 percent from one year ago. • The 10 cities fell .6 percent in March• Top 20 cities fell .8 percent in MarchWhat's probably most concerning and begs to question, what happened to the home buyer tax credits which were supposed to stimulate the economy and housing market (not necessarily in that order)?Perhaps the best news to come out of this will be evidence that mortgage rates will remain low as yields become subject to basic economic supply and demand. With new...

07 Apr

Who can you trust?

Here's a question I would like to pose for the loyal Efinity audience. Is the economic environment in this country really improving or are we all being fed a stream of special interest commentary which want us to think things are getting better? I have two separate examples for your collective review which point to the latter. I for one have a HUGE problem with this. It's important to note that I include our government included as one of the special interest groups. Example #1As reported by the Wall Street Journal, Federal Reserve Chairman Ben Bernanke Monday downplayed inflation fears...

11 Feb

If you won’t listen to us… perhaps the writers with the AP will sway you

Era of super-low mortgage rates is OVER30-year benchmark rises to 5.05 percent from 4.81 percent The average rate for a 30-year home loan rose above 5 percent this week for the first time since last April — just as Americans are feeling more secure in their jobs and confident about the economy, and just before the big spring home-buying rush. Freddie Mac said Thursday that the average rate was 5.05 percent, almost a full percentage point higher than in November, when it hit a 40-year low. Economic signals suggest the recovery is gaining momentum. New claims for jobless benefits came...