Jerome Powell
By Ryan Casey Stephens, FPQP®Special Contributor The events of the second half of last week left mortgage lenders nationwide in a state of shock. Experts were almost unanimous in the hope we’d see lower mortgage rates this week following another Fed rate hike, but we received quite the opposite. In the span of two days,…
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…
It’s the 70th episode of the Mortgage Report! This week, Bob Johnson (AKA BobMortgage) reports on some big news and rumblings in the market, specifically related to yield curves. What’s a yield curve? How does a yield curve indicate the overall health of the market? Our most-trusted mortgage expert and the senior mortgage adviser at…
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