Fed Cuts Rates, But Mortgage Pricing Gets Worse? What’s Going On? In this episode, Michael and Rich break down the latest Fed meeting and what it really means for mortgage rates, housing policy, and your clients. From Powell’s cautious tone to LLPA fee changes, we’re unpacking the good, the bad, and the confusing.
🔑 Key Topics: – Fed announces 25 bps rate cut—but mortgage rates don’t follow – Powell’s “far from” comment shakes December rate cut expectations – Inflation, job growth, and investor reactions – LLPA fees under review: what it means for borrowers – FHFA’s tug-of-war between profit and affordability – How loan officers and agents can stay positive and proactive
Listen in as we discuss this and more!
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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 nflp.com/licenses 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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