markets: The Fed Raised Rates...again - 07/26/23 04:26 PM
The Fed has once again hiked the Fed funds rate, this time with a .25 hike announced today.  This brings the Fed rate to 5.5%, the highest level in 22 years, signaling tighter credit, more expensive borrowing, and more pressure on banking profitability as the Fed continues to wage war on inflation.

The Fed rate hike is a move to increase the Fed funds rate - that is, the rate at which banks borrow from the Fed and each other - and not the rate borrowers/consumers pay.  When the Fed raises their rate, it's a move designed to curb inflation by restricting the movement … (21 comments)

markets: Don't Let The Headlines Cost You The House - 10/07/22 04:42 PM
Prices are falling!  Days on market continue to climb!  Rates have caused buyers to disappear!  The headlines are everywhere today.  More than 60% of homes are no longer receiving multiple offers.  Price drops are the new norm!
Doom with a side of gloom are being served up in markets all over America.  The problem?  They paint a picture that doesn't exist, and those painting the picture aren't avant-garde artists, but are more akin to kindergarten students pasting cutout animals to popsicle sticks.  It's not that it's not art, it's just not art that's going to command much at the auction from anyone … (6 comments)

markets: How Do Home Prices Fall When... - 08/16/22 12:00 PM
Real estate is local.  Kind of.  It's also regional, and also national.  But keeping in mind that the US is a very big place, before discussing home values, it's important to note that in the US, there can be large differences from region to region and from one metro area to another (not to mention the even larger disparities from the major metros to the rural non-metros).  So, of course some markets are going to differ, but....
 
How do home prices fall when...
 
- Inventory is still below pre-covid levels

- Rents have continued to keep pace with the increases in home values, so … (13 comments)

markets: Are We Talking Ourselves Into Recession? - 08/23/19 11:49 AM
Are We Talking Ourselves Into Recession?
 
     Recently, the "R" word has been in the headlines quite a bit.  As with every headline, there's a "devil's advocate" position, and recently, one expert warned that if we keep talking about recession, that could CAUSE a recession!  
 
     Yes, fear is a dangerous thing.  Fear in the markets can be a catastrophic thing.  Self-fulfilling prophecy can be very real, too.  But in this case, and the case for recession, those thinking our thoughts are driving the economy are missing the key data that showed us that recession was on it's way more than … (47 comments)

 
John Meussner, #MortgageMadeEasy Fair Oaks, CA 484-680-4852 (Mortgages in AZ, CA, CO, DE, FL, GA, IN, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI)

John Meussner

#MortgageMadeEasy Fair Oaks, CA 484-680-4852

Fair Oaks, CA

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Mortgages in AZ, CA, CO, DE, FL, GA, IN, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI

Address: 23441 S Pointe Dr, Ste 110, Laguna Hills, CA, 92653

Office: (949) 247-7530

Mobile: (484) 680-4852



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