News

The Federal Reserve has announced: the official use of the SOFR as a replacement for LIBOR! What are the SOFR main areas of concern when calculating the floating rate? 01/07/2023 On December 16, the Federal Reserve adopts final rule that implements Adjustable ...

Winter will eventually be over - Inflation Outlook 2023: How long will high inflation last? 12/30/2022 Inflation continues to cool! "Inflation" is the most important keyword for the U.S. economy in 2022. The Consumer Price Index (CPI) has soared in the first...

The Federal Reserve's annual finale - five important indicators! 12/26/2022 Last week, the eyes of the world markets turned once again to the Federal Reserve - at the end of a two-day rate meeting, the Fed will announce its monetary policy decisions for Decemb...

[2023 Outlook] The time of the real estate bubble is over, interest rates have peaked and the real estate market starts to recover in the second half of the year! 12/19/2022 Powell: the end of the housing bubble In 2005, former Federal Reserve Chairman Alan Gr...

FHFA raises caps on conventional mortgages, what does this mean for homebuyers? 12/12/2022 On November 29th, the Federal Housing Finance Agency (FHFA) announced updated Conforming Loan Limits for conventional mortgages for 2023. The 2023 conventional mortgag...

The Fed has sent an important signal! Slow the rate hike pace in December and turn to cut rates in 2023 12/05/2022 Minutes of the November meeting published Last Thursday, the Federal Reserve released the minutes of its highly anticipated November monetary pol...

Will the "curse of the World Cup" that occurs every four years repeat once again? Interest rates will also be affected! 11/28/2022 "Curse of the World Cup" In November, the world is in for a sporting feast - the World Cup. Whether you are a fan or not, World C...

Based on the history of the U.S. Banking industry, what is the difference between a mortgage lender and a retail bank? 11/21/2022 History of U.S. Banking In 1838, the United States enacted the Free Banking Act, which allowed for the free development of the ear...

The midterm elections are approaching. Will there be an impact on interest rates? 11/14/2022 This week, the United States ushered in one of the most important events of 2022 - the midterm elections. This year's election is referred to as Biden's "midterm elect...

Do not be fooled by GDP! If a recession is inevitable in 2023, will the Fed cut rates? Where will interest rates go? 11/07/2022 On October 27, GDP data for the third quarter were released. Third quarter GDP rose a strong 2.6% year-over-year, which not only e...