Inflation
By Ryan Casey Stephens, FPQP®Special Contributor Over the weekend I had several conversations centered around the question of just how long we’re in for it. At this point, no one’s doubting the economy is in trouble. But will this be a quick right hook, like the COVID-19 recession in 2020, or will this be with…
As our most-trusted mortgage expert told us in last week’s Mortgage Report, there was news on the way that could definitely influence the bond market. Those indicators were the PCE, one of the Fed’s favorite measures of inflation, and of course Fed chairman Jerome Powell’s comments. As expected, the bond market had a bit of…
News reports that came in over last week had drastic affects on the mortgage market, says Bob Johnson (AKA BobMortgage) in this week’s Mortgage Report. If you follow BobMortgage on Instagram, you could have caught his conversion from a “float” position to a “lock” position as the bond market took a spectacular dive. This morning,…
In the 68th episode of the Mortgage Report, Bob Johnson (AKA BobMortgage) gives us some perspective on how inflation is measured and how it affects housing, especially considering the increasing cost of materials due to tariffs, which could result in costs for new homes and renovations being passed on to the consumer. It’s a tricky…
Low inflation, a lower-than-expected increase in jobs, and some less-than-stellar bond market performance has upset the apple cart a bit. We consulted our most-trusted mortgage expert to find out how the quickly changing market dynamics will affect our readers. In this week’s Mortgage Report, Bob Johnson, (AKA BobMortgage) offers the kind of market insight that…
