There’s growing talk about Fed Chair Jerome Powell being fired by President Donald Trump. Similar to his first term, he has lobbed insults at Powell… Read More »What Happens to Mortgage Rates If Powell Gets Fired?
I was looking at ICE’s most recent Mortgage Monitor Report when something struck me. In their rate distribution chart of recent mortgages, I noticed a… Read More »Beware of the Mortgage Rate That Ends with .875%
A week after Zillow drew a hard line on off-market listings, Redfin has rolled out its own ultimatum. Redfin CEO Glenn Kelman penned a short… Read More »Redfin Ultimatum: Buyers Should See All the Listings
The mortgage rate whirlwind continues as we start another week. This time, rates are back below 7% (just barely), though it’s little consolation considering where… Read More »Mortgage Rates Back Below 7%, But Don’t Expect Any Huge Moves Lower
A new battle, or perhaps war, is underway for control of real estate listing data. Depending on who you ask, it’s about the consumer. Mostly… Read More »The Fight for Control of Real Estate Listings Heats Up as Zillow Plays Hardball
In case you haven’t heard, the tariffs levied against China are now 145%. Yes, you read that right. Not the 125% you may have heard… Read More »Where Would Mortgage Rates Be Without Liberation Day?
Welp, the question I asked recently, would mortgage rates hit 5.99% or 7% next, has been answered. And unfortunately, if you’re a prospective home buyer… Read More »Mortgage Rates Back to 7% as Tariff Day Rattles Bond Market
If you’ve been paying attention to mortgage rates lately, you might be wondering what on earth is going on. Mortgage rates appeared to be heading… Read More »Mortgage Rates Can Change In an Instant
I keep hearing that lower mortgage rates are the silver lining of a global trade war. That despite the stock market fallout and possibly much… Read More »A Good Reminder That Lenders Are Always Quick to Raise Mortgage Rates
There’s a lot going on right now with mortgage rates so I’m dedicating a very long post to it. First and foremost, mortgage rates are… Read More »What the Heck Is Going on with Mortgage Rates?
