Connect with us

Hi, what are you looking for?

Podcast

Ep. 217 | The Fed’s Housing Problem

SUMMARY: Chairman Jerome Powell has made it very clear that they are trying to rebalance supply and demand with their latest action.  There is just one problem, it’s not working.  If the Fed really wants to bring back more balance to housing they need to cause a recession which will reduce household formation and help reduce demand AND increase supply.

Sources:

You May Also Like

Economy

The hotly anticipated PCE inflation print wasn’t too hot nor was it too cold. In fact, it was just as economists had projected, according...

Mortgage

Falling mortgage rates weren’t enough to keep mortgage demand from falling as total demand fell 0.8%, according to the weekly survey from the Mortgage...

Housing

Home price growth almost fell into the single-digits in October after two years of double-digit growth, according to the CoreLogic Home Price Insight report....

Economy

Job openings fell as expected but quits and separations were little changed, according to the latest data from the Bureau of Labor Statistics The...

Copyright © 2022 Markets & Mortgages | DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This website is for informational purposes only. Written and edited by Tyler Cralle #2028201