fbpx

News

Bad Data and Bad Policy Will Force FED To Scramble To Cut Rates 

In an insightful interview with Adam Taggart of Thoughtful Money and David Rosenberg, former Chief Economist at Merrill Lynch, they shared a deep analysis of post-Covid economic trends. Rosenberg expressed that despite avoiding a recession last year—contrary to the predictions of many economists—the US is not likely to stave off economic downturn much longer, challenging […]

Bad Data and Bad Policy Will Force FED To Scramble To Cut Rates  Read More »

new mortgage fees

New Mortgage Fees – What Every Homebuyer Should Know

You’ve probably seen a lot of negative press lately about recent controversial changes implemented by Fannie Mae and Freddie Mac (the government-sponsored enterprises that buy and guarantee mortgages from lenders for mortgage borrowers). The take-away is that the changes in mortgage fees will benefit borrowers with lower credit scores and smaller down payments, while potentially

New Mortgage Fees – What Every Homebuyer Should Know Read More »

Annual Consumer Inflation Continues to Affect Mortgage Rates

Interest rates are hovering in the mid to high 6% range and all eyes are on the trajectory of inflation. The good news is that it continues to move down slowly. In February, the year-over-year reading for the Personal Consumption Expenditures (PCE) dropped from 5.3% to 5%, which is the fourth consecutive month in which

Annual Consumer Inflation Continues to Affect Mortgage Rates Read More »

family mortgage blog - July 2022

Recession Coming? What Does It All Mean For Housing…?

You can’t pick up any article or watch anything on TV related to the economy today, without hearing the word recession. The National Bureau of Economic Research determines when a recession starts and ends. Typically, they define this as two consecutive quarters of negative gross domestic product (GDP). But there are other factors involved including

Recession Coming? What Does It All Mean For Housing…? Read More »