Industry News

The end of interest rate hikes: higher but not necessarily further 10/05/2022 What does the dot plot reveal? In the morning of September 21st, the FOMC meeting came to a close. Not surprisingly, the Fed raised rates again this month by 75bp, largely in line wi...

CPI Exceeds Expectations: Two Facts, One Truth 09/27/2022 Inflation peaks but hardly declines Last Tuesday, the Labor Department released data showing that the CPI rose 8.3% in August from a year earlier, while expectations were for 8.1%. This is the last rele...

What are the opportunities for the mortgage market as the RMB exchange rate falls below 6.9 and the dollar continues to appreciate? 09/17/2022 Dollar index soars to new 20-year high On Monday, the ICE dollar index temporarily rose above the 110 mark, reaching ...

September Shrinkage Speed Doubled, the Market Trembled: Mortgage Rates to Rise! 09/12/2022 Rate hikes hit hard, Shrinkage hesitates Three months ago, the Federal Reserve announced that shrinking the balance sheet was also on the agenda after starting the rate ...

Powell's eight-minute speech terrified the entire Wall Street? 09/02/2022 What is the secret of this speech? Jackson Hole annual meeting is known in the circles as the "annual meeting of global central bankers", is an annual meeting of the world's major cent...

Real Estate Market Data Returns to Reality - Housing Market Analysis for the First Half of 2022 08/26/2022 "Obviously, I see that all the houses in the neighborhood are dropping in price and have been listed for many days without selling, so why do I see the d...

How Do The Rich Cope With Inflation? 08/20/2022 I was shocked to hear my old friend Tom talk about his real estate roller-coaster investment experience. Tom started his career life in 2011. Unlike me, he started investing real estate since 2014. Except for hi...

Never Ever Try to Against the Federal Reserve 08/13/2022 The latest data from the Labor Department showed non-farm employment increased by 528,000 in July, which is sharply better than the market expectations of 250,000. And the unemployment rate fell to 3.5%,...

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...