The Fed raised rates .25bps instead of the expected .50bps due to the tension in the market. And, with lenders tightening credit all these factors can help fix inflation, could this potentially slow or end the Fed rate hikes?
The Fed meets tomorrow to discuss whether there will be another rate hike. Will they raise rates or not?
Homes might be more affordable in 2024, but does that mean you should wait to buy one?
The government bailed out the SVB so depositors would not lose their money. This should be an isolated situation, and we shouldn’t see a domino effect.
Fed Chair Jerome Powell flexed his muscles on Capital Hill this week, making markets go haywire yet again. But did he say anything new… really? We walked away with four key takeaways:
In today’s episode, we look at an article from Forbes that gives us a number of menacing stats about the current state of the housing market, and headline the whole thing with the phrase “housing collapse.”
Did you loose money on your home last year!? Mmm… we’re not so sure. Today we look at an article from Yahoo! Finance claiming that US homeowners have LOST $2.3 trillion since June. What’s real? And what’s just hype for clicks?
The Biden Administration is cutting mortgage insurance fees for some borrowers. How can you talk to your clients about this that may be on the fence about entering the real estate market right now? We break it down in this episode of Today in Mortgages.
Do you have buyers trying and trying to get in to a home but struggling to come to terms with their monthly payment now that rates have shot up? When it’s available, a temporary buydown can go a loooong way to easing a buyer’s mind about their payment. We use a recent article from USA Today to outline how you should be using this method to coach your buyers and clients.
Based on data from ATTOM, our news item of the day comes from a podcast segment from Marketplace Morning Report entitled, “For most, owning a place is now pricier than renting.” We take a look at the facts.