Jerome Powell

Three Things to Know About How Headlines Shape Mortgage Interest Rates

By CandysDirt.com Contributor / July 11, 2023 /

By Ryan Casey Stephens,  FPQP®Special Contributor Welcome to another week, one that is already a mixed bag of good and bad. On the one hand, the average 30-year fixed rate just hit its highest level since the 2008 financial crisis, and at a time when we expected rates to drop. At the same time, inflation…

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Three Things to Know About Whether Inflation Reports Could Mean Lower Interest Rates

By CandysDirt.com Contributor / June 13, 2023 /

By Ryan Casey Stephens,  FPQP®Special Contributor Our weekly piece is back after a short hiatus, and the timing couldn’t be better. Markets have lost their minds and inflation, the Fed, and mortgage rates seem upside down. As rough as things seem, the consensus remains that improvement is coming. Markets also have a way of turning…

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It’s Gonna be May: Three Things to Know About Whether Good News is Coming This Month

By CandysDirt.com Contributor / May 1, 2023 /

By Ryan Casey Stephens,  FPQP®Special Contributor Famous NSYNC member, Justin Timberlake, once sang, “It’s gonna be May.” Well, he didn’t sing that exact lyric, but I love a good internet meme. And while that song line might not be real, there’s a good chance that it’s gonna be May: the month that might finally bring…

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Three Things to Know About How OPEC’s Oil Prices And Jobs Reports Affect Mortgage Markets

By CandysDirt.com Contributor / April 3, 2023 /

By Ryan Casey Stephens,  FPQP®Special Contributor Mortgage interest rates will trend in an upward or downward direction this year, but it will not be a straight line. It’s normal to expect stretches of higher and lower rates, regardless of the overall trend line. Experts believe we might be entering another slump where slightly higher interest…

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Three Things to Know About Weathering The Storms Battering Our Housing Market

By CandysDirt.com Contributor / March 27, 2023 /

By Ryan Casey Stephens,  FPQP®Special Contributor I love spring weather, but likely not for the reasons that first come to mind. Bluebonnets and warm afternoons are great, don’t get me wrong, but it’s a mighty thunderstorm I love most. This time of year they result from cold air from the northwest clashing with warm air,…

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