Here is a quick recap of what went down last week. Needless to say, last week was really good, in the bad kinda way…which is still good!!!! Here’s what I mean. Wednesday the CPI numbers came in just below what was expected which means we could actually be seeing the beginning of the flattening of […]
In this episode we discuss the CalHFA “Dream for All” program. Not so surprisingly, the $300M allocation was quickly snatched up by the time this conversation aired BUT we are hopeful this fund will be replenished as the demand is clear! If you need downpayment assistance in California, let us know because we’re already preparing […]
Here is a quick recap of what went down last week. Monday ISM Manufacturing was a Miss, but not by much. This is what we expected and is another log on the fire that the overall economy is still slowing as the Fed intends. Even a reversal for the better in the coming months will […]
This week Brian and Andy discuss WHAT TO DO NEXT now that we know what the Fed’s intentions and agenda are. We KNEW what they were STATING the agenda was, and even in the light of the bank failures, it’s apparent now that they are NOT PIVOTING. Get out your notepad for quick takes that […]
Here is a quick recap of what went down last week. First on Tuesday we got the consumer confidence reading which came in better than expected and although we are still digesting everything that has occurred in the month of March, the consumer in general still has some optimism left in the tank. And the […]
The March 22, 2023 Fed Rate hike and Press Conference was the “Super Bowl” of all Fed meetings this year. It may appear rather uninteresting at first, but Jerome Powell made some pretty firm statements about the Federal Reserves mission and what they’re willing to let happen in order to accomplish their core tasks of: […]
Called it! I called it. Last week I said that the Fed was in between a rock and hard place and that the way they approach their press conference would be VERY telling about how they view the markets, bank stress, and whether they’re winning the fight against inflation. Remember last week? You remember right? […]
It’s hard to believe that we’re talking about bank failures AGAIN! I thought we already did this “once in our lifetime”? But now, it’s not Mortgage and Real Estate to blame…so what should you know? How does this impact mortgage rates? Will the Fed change their gameplan? The risks are becoming more and more known […]
Before we jump into all of the economic expectations for the coming week we have to address all of the recent bank failures and the list of banks that are under financial stress and duress due to the most recent bank runs. At this point you have probably seen numerous news pieces about this as […]
Everyone’s starting to talk about reverse mortgages and it has a lot to do with 2 primary factors, elevated “forward mortgage” rates and historic home equity that’s accessible for those eligible for a reverse mortgage.