Just got an email that the fed raised the rate by .25 today. That was expected. What wasn't expected is that instead of planning to do 2 more increases in 2017, they said in the meeting that they are planning 3. I'...
We had a LOW inflation report today (7/11/24), big win!! Today's low CPI inflation report helped bring mortgage rates and bond yields lower. Headline (total) inflation for the past month was negative, -0.1%.
Core inf...
Hi, whoever might see this. I'm a freshman in college and starting off as a realtor (so any money I could possibly get helps). Foreclosure.com does an annual scholarship giveaway based on the topics they want to be an...
cc: @James Hamling So today is very interesting. Job market is extremely robust that we add 300k jobs than 150k predicted job. In theory this should not be good news because then Fed would have reason to keep the inte...
The Fed just dropped rates. This is their thought process. Information received since the Federal Open Market Committee met in June indicates that the labor market remains strong and that economic activity has been ri...
CPI data for December was reported today and came in slightly below expected at 6.5%. Below I've compiled some data points and quotes which show a divide in whether inflation has peaked or not, and whether a more hawk...
Enough with the doom and gloom about homeownership. WSJ article below explains why owning a home is a good thing. I agree especially if you know you will live there at least 3+ years ....
1) You ...
I am fairly new to actively investing in real estate- however, I don't consider myself a newbie when it comes to understanding the economy and markets.
I hear a lot of discussion about a potential all market correcti...
Hey BP members,
I'm confused about a topic and I'm hoping someone could help me and possibly others understand. I have a couple questions:
1)
I know that when inflation increases it causes home prices to increase a...
On a recent episode of On The Market we have heard some of the best news all year for the economy and the housing market around inflation and interest rates. Today, Freddie Mac reports 30 year fixed mortgage rates at ...