Jerome Powell

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…

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,…

Jerome Powell Strikes Again: Three Things to Know About Interest Rates, Inflation, And Bank Failures

By CandysDirt.com Contributor / March 22, 2023 /

By Ryan Casey Stephens,  FPQP®Special Contributor I loved reading “Choose Your Adventure” books when I was a child. At the end of key sections, the book would prompt you to make a decision for the main character. You’d skip to the page noted by your decision (for example: If you choose to save the princess,…

Three Things to Know About Mortgage Rates And Why Everyone Has Eyes on Jerome Powell

By CandysDirt.com Contributor / January 9, 2023 /

By Ryan Casey Stephens,  FPQP®Special Contributor If we’re going to see a real estate recovery this year, we need to radically improve affordability. The good news is it’s only the second full week of the year, and things are already off to a solid start. Mortgage rates have fallen nearly half a percent since New…

Three Things to Know: News on Inflation Was a Sigh of Relief, But There’s More on The Horizon

By CandysDirt.com Contributor / November 14, 2022 /

By Ryan Casey Stephens,  FPQP®Special Contributor Wall Street looked to the midterms last week for salvation, only to find disappointment. Investors wished a decisive red wave would provide some much-needed predictability, but their hopes were dashed. By the end of Wednesday, the picture looked bleak, but Thursday brought the reprieve we all needed. Now that…