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12.14.15-The 11 Pipers Piping's tune is the theme from "JAWS" leading up to the Federal Reserve announcement Wednesday.

As expects this market is all over the place. Several Pre- Fed Announcement events are shaping up with big consciousness.  One being, the massive liquidation of some high-yield corporate debt mutual funds to the tune of as of this morning $2+ "B" billion. This is just from 3  funds and can and will become much worse with low energy prices and continued declining commodity prices. All of this shaping up just as the Fed will increase borrowing cost, the market is predicting "mass carnage" those are some pretty ominous predictions. Plus oil is still trending down which is shaking the Dow and the S&P has broken through a technical level that could indicate a drop below 2000 with a chance of plummeting to the 1900. Feelings of all markets being oversold is creepy back into the conversation but by how much? Stay Tuned.

Why does this matter to Real Estate and Lending?

For one, once the liquidation of the high-yield accounts I mentioned earlier are freed up that cash needs to go somewhere. And I see that cash being settled into Treasuries and Mortgage Backed Securities until the 1st quarter shows us some direction for 2016. As well, these huge liquidation will ripple through other trading channels and cause additional flight to safety concerns and provide us with the same great rates through most of next year.  A perfect storm has been created for our industries to take off like we haven't seen since the early years of 2000, minus the bubble busting of course in the latter part of the decade.

My predication for Missouri and Texas real estate and mortgage lending for 2016 is for us to have a record setting year.All the fear created in real estate and lending circles from the introduction of TRID which is proving to be an easier process than anticipated. And the fear of the FED needing to increase rates has shaken some in the industry. I see higher and increasing sale prices, still historically low interest rates and additional lending options for non-traditional borrowers to help us have an outstanding year. I look forward to helping you obtain a personal best for 2016!!