News

75bp Increase, Mortgage Interest Rates Decrease!Why did the market take the "rate-cut" script? 08/08/2022 The Federal Reserve Turns to Ease Up The Federal Reserve announced at the July Federal Open Market Committee (FOMC) meeting that the interest rate would c...

Game-Changing: A Downturn in Home priCES 07/28/2022 Recently, one of my friends James, who is a Realtor, shared a story and complained that the real estate activity is changing the game rules. James, as a listing agent, had spent weeks and finally helped his...

How to Interpret the Roaring CPI above 9% 07/23/2022 Key Information On July 13th, the Labor Department reported the Consumer Price Index of June. CPI soaring to 9.1% indicates a severe inflation. As we all knows, The Federal Reserve has raised interest...

It's Time to Reassess the Expectation of Recession 07/13/2022 Dramatic changes in a short time As the Federal Reserve tightens monetary policy to combat the worst inflation in 40 years, the U.S. economy is on the brink of recession. Investors have become ...

Why Did the Fed Rate Cut May Not Be Far Away 07/06/2022 The Big Short prototype: The Fed will reverse the deflation ! When consumers are reveling in the “unprecedented” seasonal promotions, little do they know that U.S. retailers are facing the worst “in...

When Record-high Home Prices Meet CRAzy Interest Rate Hikes 06/30/2022 Is this the  last  “ carnival ” ? Recently, sounds such as the “collapse”, “bubble burst”, “housing prices are going to fall” continue to appear, which cause a lot of pan...

Will Powell become the second Volcker? 06/23/2022 Dreaming back to the  1970s On Wednesday, the Federal Reserve raised the interest rate by 75 basis point, which is the biggest move in nearly three decades to curb high inflation. Recently, inflation has be...

Is Inflation As Fierce As A Tiger? It May Not Be As Scary As You Think 06/15/2022 Inflation t hrow cold water again! CPI Exceeds Expectations Nearly two weeks ago, after the release of the lower-than-expected PCE (Personal Consumption Expenditures Price Ind...

An adjustable-rate mortgage Should be Considered by Borrowers 06/09/2022 As mortgage rates in recent weeks have soared to levels not seen in more than a decade, home loan borrowers are considering their financing options. According to the Mortgage Bankers Asso...

As Today's Interest Rates Drop Slightly, Refinance Maybe a Good Choice 05/28/2022 According to today's rate schedule, 15-year and 20-year mortgage refinance rates fell slightly compared to the last week, providing significant savings opportunities for homeowne...