Quote from @Kellie Powell: Quote from @Noah Condon: Hello,This past year I finished my first house flip.

@Ara Jo and @Milton Johnson,San Antonio is a good market but just like Sharon Powell said, deals can be found but you have to be ready to take action immediately. 

Despite hopes for rate reductions to alleviate these challenges, banks are constrained in their ability to provide favorable terms for refinancing, leaving investors facing the prospect of contributing more equity or selling properties at discounts.Jerome Powell's Outlook and Market Dynamics: Federal Reserve Chair Jerome Powell's cautious approach reflects the delicate balance between economic stability and inflationary risks.

Quote from @Jerome Nunez: Hi BP Community,I'm trying to pull quotes for new kitchen remodel and updated bathrooms for 2 BR / 1 BA apartments (~800 SF) in Rhode Island.

This week (jobs week), markets have been volatile.Negative news (tending to make bond prices fall; bond yields and mortgage rates rise):A stronger than expected employment report from ADP, including an apparent reacceleration in wage growth for job changers.Commentary from Fed members Raphael Bostic, Loretta Mester, and Neel Kashkari suggesting that there was “no rush” to cut rates unless unemployment rates began to spike.Positive news (tending to make bond prices rise; bond yields and mortgage rates fall):Fed Chairman Jerome Powell saying that — despite the recent “bump” in inflation — rate cuts were still likely this year.Weekly jobless claims came out at 221,000 for the week ending March 30, a bit higher than expectations.As always, everything could change today (Friday) with the release of the BLS jobs report for February.

Jerome speaks tomorrow so that should be insightful. 

Fed Chair Jerome Powell gives a speech reiterating their independence.

After Powell said he will pencil in 3 rate cuts, the housing market started the craze again (Bay Area heavily tied to stock market). 

@Jaime Powell - hey, we are based in the ATL, and I've closed several loans (fix/flip, rental, STR) in the Augusta market.  

Quote from @Jerome Thompson: Hello community, I want to thanks each and everyone on this platform for sharing their experiences and ideas.