We’re talking politics on “Today In Mortgage!” based on this article from The Hill titled: “Democratic senators call on the fed to cut interest rates over high housing costs.” Our team breaks down this headline, and finds yes, the federal reserve is accountable to congress, but their main job is to keep employment high and prices stable. Those pushing on the fed to lower interest rates can hope to influence them, but the feds bottom line is not to keep housing affordable.

As mortgage professionals we need to be knowledgeable and prepared to help our borrowers make wise borrowing decisions. Listen in as we breakdown todays news!

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About Today in Mortgages

Today in Mortgages, the show where we try to make sense out of the click-bait headlines in Mortgage and Real Estate news that clients and buyers are being flooded with every day. We’re trying to find our what’s real and what’s hype in the market news and discuss how mortgage and real estate professionals should be navigating these tricky conversations with clients who are getting scared away from the housing market.

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