Welcome back dream-makers! This is “Today In Mortgage!” and we’re breaking down the Fed’s latest meeting with help from today’s article from CNBC: “Fed recap: Powell shoots down March rate cut.” This is not what we all wanted to hear: the fed was reliably “noncommittal” about future rate cuts. They may be holding out on rate cuts because consumer prices are still high. However, unemployment is on the rise which will help lower inflation.
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!
Grow Your Business: https://join.nflp.com/
Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297.
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 nflp.com/licenses for all state licensing and other legal information.
You must be logged in to post a comment.