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Weekly Mortgage Newsletter 6/27/22

Weekly Mortgage Newsletter 6/27/22

Newsletter - 6/27/2022 Week of June 20, 2022 in Review Inventory issues continue to impact home sales and rental home prices while Fed Chair Powell said a recession is “certainly a possibility.” Here are the key stories: -Existing Home Sales Still

Jun 27, 2022 |

High Home Equity & Low Delinquencies

High Home Equity & Low Delinquencies

There has been more doom and gloom in the media about the housing market. With so much economic uncertainty, fears of a recession, rising inflation and higher costs for food, gas and other necessities, many are wondering: Will people be able to pay their

Jun 24, 2022 |

Weekly Mortgage Newsletter June 21st 2022

Weekly Mortgage Newsletter June 21st 2022

A Fed rate hike, hot wholesale inflation, weakening builder confidence and signs of economic slowdown led to a volatile week in the markets. Here are the top headlines: Fed Rate Hike Largest Since 1994 Wholesale Inflation Declines Slightly But Remains El

Jun 21, 2022 |

Key Takeaways About The Fed's Latest Rate Hikes

Key Takeaways About The Fed's Latest Rate Hikes

The Consumer Price Index (CPI) was reported last Friday and it showed that consumer inflation rose 1% in May, which was much higher than the expected 0.7% gain. On an annual basis, CPI rose from 8.3% to 8.6%, which is the hottest reading in 41 years! O

Jun 16, 2022 |

Mortgage Market News  June 13th 2022

Mortgage Market News June 13th 2022

Consumer inflation reached a 41-year high in May while annual home price appreciation tied another record high in April. Here are the key headlines: Consumer Inflation Hits Highest Level Since 1981 Majority of Top Economists Do Not Believe We’re in a Hou

Jun 13, 2022 |

Has Inflation Peaked?

Has Inflation Peaked?

Inflation has been on the rise this year, with consumer inflation reaching 40-year highs in recent months. Why is this significant? Besides causing higher prices, inflation is the arch enemy of fixed investments like Mortgage Bonds because it erodes the b

Jun 09, 2022 |