Happy Wednesday everyone! I hope the first week of the NFL regular season treated you well (unlike us here in Pittsburgh), and week 2 is right around the corner with the Ravens headed to Cincinnati tomorrow night. We’re almost mid-month, and I think this is a great time to talk market outlook. Freddie Mac is reporting rates are looking better than they were since this past April (great news), so it could be a great time for potential home buyers to re-check the market. Same g

Home prices are up, inventory is down, lets increase rates a little bit and see what happens. I imagine that’s how the conversation in Jackson Hole went yesterday. With a rate hike coming in September I think I’m officially a believer in this 2020 recession theory. I’m also starting to question whether the Feds are in on it. It’s easy to turn on the news and see that unemployment is at an all-time low. However, there is an interesting conversation about underemployment going

Good morning to everyone out there, and I hope you’re having a great week so far! We’ve had quite a busy one, not only inside our industry, but across the board. So, I’m going to try something a little different today… since it’s been so eventful and there’s a lot to cover, I’m going to do a “Last Week Tonight with John Oliver” – esque blog. If you’re not sure what that means or have never seen the show, run a quick Google search and you’ll get the idea. And that’s where we s

Come senators, congressmen Please heed the call Don't stand in the doorway Don't block up the hall For he that gets hurt Will be he who has stalled There's a battle outside And it is ragin'. It'll soon shake your windows And rattle your walls For the times they are a-changin'. Bob Dylan wrote this song in 1963 and 55 years later it’s still kinda relevant. Now, I’m no theorist or academic scholar, but there must be a reason why this song still holds up after 5 decades

Our friends at the Federal Reserve decided not to raise rates this past Wednesday… however, with the economy stronger than ever an increase is imminent. Market experts now believe that the Fed will announce its first rate increase of 2018 during its March meeting hosted by new Fed chair, Jerome Powell. These experts also believe that the increase will be around 25 basis points moving the target range for the federal funds rate between 1.5% to 1.75%. Now, don’t be alarmed, the

As expected, Washington D.C. is going to look a lot different in 2018. On Monday Janet Yellen announced that she will be stepping down as chairwoman of the Federal Reserve upon the swearing in her successor, Jerome Powell in February. What does this mean for the rates? Nothing… the brains at Goldman Sachs and Capital Economics believe that regardless of who is the next Fed Chair… rates will be on the rise at least 4 times in 2018. Reuters published a good read on this topic l