Today in Mortgages we discuss how housing plays into inflation. Yesterday Powell discussed “sticky shelter inflation” referring to high shelter costs, which make up about 30-40% of CPI. Shelter includes rent, insurance, hotels, and personal residences. Powell discussed whether cuts can come while housing inflation is still elevated and hinted at only one rate cut this year. Ultimately, we shouldn’t wait for rates to come down to get down to business. It took a while for these rates to come up, and it’s going to take a while for them to come back down.

Tune in to this episode to gain a deeper understanding of the current market dynamics and discover how you can better support your clients in achieving their homeownership dreams. Whether you’re a seasoned professional or new to the industry, this discussion offers valuable insights to help you navigate today’s real estate landscape.



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The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at for all state licensing and other legal information.

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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