ARCHIVED BLOG POSTS
2022
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It’s time for another Weekly Rate Watch where my goal is to help provide value to you and your clients when it comes time to talk rates. Should you ever have any questions at all, please do not hesitate in reaching out. I’m always here to help. Let’s begin! We have the biggest week YTD coming up,...
07/24/2022
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After some drastic increases, rates have leveled off and even seen some improvements.Home prices have stopped going up at a 20% clip but are still appreciating here in CA. If I am right now is a great time to buy a house with a plan to refinance in 30 months when rates come down again.HAVE A GREA...
07/22/2022
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So I wrote the rate watch for this week, but somehow it did not get posted. SO now we can look back and see if it met expectations. OoopsThe “official” reports showed inflation popping up to 9.1% and the market reacted in a very volatile way. The Fed is meeting next week to discuss monetary polic...
07/22/2022
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We saw rates pop last Friday. This was due to a strong jobs report. If there is strong economic data, the Fed will translate that data to mean the economy is doing well (and no need to fear a recession) and therefore more aggressive rate hikes to battle inflation are warranted. The markets will c...
07/11/2022
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Playing golf today so I’m going to keep this one short and sweet. We hear from some Fed presidents this week and receive some labor statistics. In The News Wednesday Job Openings and Quits FOMC Minutes Thursday Initial and Continuing Jobless Claims St. Louis Fed President James Bullard Speaks ...
07/04/2022