A Look into the Markets This past week we experienced a couple of soaring inflation numbers which has injected new uncertainty surrounding inflation peaks, Fed rate hikes and the likelihood of a recession. Let’s discuss what happened and what to watch for in the coming weeks. “I’m your pain – You know it’s sad but…
A Look into the Markets This past week was filled with “R” words, including the growing fears of a global recession as economic data around the globe points to a slowdown. Let’s discuss what happened and the big events to watch out for next week. “Come on, come on, listen to the moneytalk” – Moneytalks…
A Look into the Markets The Fourth of July, Independence Day or July 4th was first recognized as a federal holiday in June of 1870, but the tradition of the 4th celebrations dates back to the 18th century and the American Revolution. On July 2nd, 1776, the Continental Congress voted in favor of independence, and two days…
A Look into the Markets This past week Federal Reserve Chair Jerome Powell delivered his semi-annual testimony to Congress on Capitol Hill. Let’s walk through what the Chair said and how the financial markets reacted as well. “Help me if you can, I’m feeling down. And I do appreciate you being round” – Help! The…
A Look into the Markets This past week, the Federal Reserve raised the Federal Funds Rate by .75%, the first such hike since 1994. Let’s walk through what the Fed said and how the financial markets reacted heading into the weekend. “You dropped a bomb on me. Baby, you dropped a bomb on me” -…
A Look into the Markets Home loan rates increased slightly from the previous week as we are just a couple of weeks before the next Fed meeting. Let’s walk through what happened and discuss what to look for in the week ahead. “It’s been a hard day’s night. And I’ve been working like a dog”…
This year started with the continuation of record level offers; mainly due to the continued record-setting earnings and production levels in 2021. As you’ve read in my previous post https://hmrrecruiting.wpenginepowered.com/sign-on-money-is-dropping-why-and-how-much-lower-5-31/ , sign on money is rapidly on the decline. Most producers are down 30-50% from where they were last year at this point, and because…
A Look into the Markets Originally known as Decoration Day, in the early 1900’s it was designated as Memorial Day in remembrance of those who have died for our country by decorating graves with flowers, wreaths and flags as told by the Library of Congress. It is also the unofficial kick-off for summer in the…
A Look into the Markets This past week, home loan rates improved slightly in response to growing fears of a recession. Let’s walk through what happened and discuss what to look for in the week ahead. “I get a check on Friday, but it’s already spent.” – Workin’ for a Livin’ by Huey Lewis and…
A Look into the Markets This past week, home loan rates bounced around in a volatile fashion in response to more of the same…Fed speaks, inflation readings, and uncertainty. Let’s walk through what happened and discuss what to look for in the week ahead. “Too high a price that everyone’s paying” – Too High a…