Omicron impact on inflation and real estate

Omicron impact on inflation and real estate

What a week it has been a new Covid variant has emerged while at the same time, the federal reserve announced they are retiring the word “transitory”.  The stock market dropped and treasury yields increased.  What does all the recent news mean for real estate?  Will...
Jobs report exceeds. Will 30-year rates hit 4.5%?  What should you do?

Jobs report exceeds. Will 30-year rates hit 4.5%?  What should you do?

An unexpectedly strong jobs number for July has bolstered the case for investors who believe Treasury yields will head higher over the rest of the year. Goldman, BofA, and Blackrock are predicting a 50% rise in treasuries by year end.  What does this mean for mortgage...
Mortgage rates just set a record low, are we at the bottom? What should you do now?

Federal Funds rate drops again creates a “floor” for real estate

The Federal reserve dropped the federal funds rate again which wasn’t a big surprise as the market was pricing in a 96% probability of a rate cut.  This is the third cut this year effectively creating a “floor” under real estate.  How did the federal reserve create a...