On the mortgage front this week, inflation numbers came out this morning. CPI is still trending lower, which is a good sign. You can see in the chart below: our high was 9.1%, now we are down to 5% on the headline number. This is a significant improvement! Of course, it’s still too high, but […]
The Fed Gives More Medicine, But is the Patient Already on Life Support
It’s Fed Day again, and they administered another 25 basis points of “medicine” to the economy. You’ve heard me talk about Barry Habib in the past. He gave the greatest analogy. He has been talking about how if you aren’t feeling well, then the doctor will give you medicine. 5 minutes later, if you’ve still […]
Chart Shows Prices Stopped Falling in February
In today’s video, we are looking at a chart to take a closer look at what is happening with home prices. I’ve showed this chart before, and this time we are looking at a zoomed in part of it. This piece shows 20 years of housing price data. Real Estate Prices Have Been Coming Down […]