A Look Into the Markets The financial markets had a rough week, with stocks falling and rates spiking since Fed Chair Powell spoke in Jackson Hole last Friday. Let’s walk through what happened and look into the week ahead. “I guess I’m always hoping that you’ll end this reign – But it’s my […more]
A Look Into the Markets For the past couple of weeks, interest rates remained within a range and haven’t moved higher or lower, seemingly waiting for the next big market event. That event could be next week as Central Bankers around the globe and our Fed Chair Jerome Powell are set to speak at […more]
A Look Into the Markets This week home loan rates continued to gradually improve since the Fed hiked rates by .75% in both June and July. The elevated chance of a recession and the Fed hiking rates into the slowing economy has pushed rates to the best levels since April. Let’s break down what […more]
A Look Into the Markets The Federal Reserve raised the Fed Funds Rate by .75% in a widely expected move while home loan rates continue to be well off the highest levels in June. Let’s discuss what the Fed Chair Powell said in his press conference and what it means going forward. “You dropped […more]
A Look Into the Markets The Fourth of July, Independence Day or July 4th was first recognized as a federal holiday in June of 1870, but the tradition of the 4th celebrations dates back to the 18th century and the American Revolution. On July 2nd, 1776, the Continental Congress voted in favor of […more]
A Look Into the Markets This past week we experienced a couple of soaring inflation numbers which has injected new uncertainty surrounding inflation peaks, Fed rate hikes and the likelihood of a recession. Let’s discuss what happened and what to watch for in the coming weeks. “I’m your pain – You know it’s sad […more]
A Look Into the Markets This past week, the Federal Reserve raised the Federal Funds Rate by .75%, the first such hike since 1994. Let’s walk through what the Fed said and how the financial markets reacted heading into the weekend. “You dropped a bomb on me. Baby, you dropped a bomb on […more]
A Look Into the Markets This past week, home loan rates increased slightly from the previous week as we are just a couple of days away before the next Fed Meeting. Let’s walk through what happened and discuss what to look for in the week ahead. “Money…It’s a Gas…Grab that cash with both hands […more]
A Look Into the Markets Home loan rates increased slightly from the previous week as we are just a couple of weeks before the next Fed meeting. Let’s walk through what happened and discuss what to look for in the week ahead. “It’s been a hard day’s night. And I’ve been working like […more]
A Look Into the Markets This past week, home loan rates improved slightly in response to growing fears of a recession. Let’s walk through what happened and discuss what to look for in the week ahead. “I get a check on Friday, but it’s already spent.” – Workin’ for a Livin’ by Huey Lewis and The […more]