MMG Weekly: The Fed Takes Action

A Look into the Markets This past week, the Federal Reserve hiked the Fed Fund Rate by .50%, the largest rate increase in 22 years. Let’s discuss what other action the Fed took, how the market reacted and what to look for in the week ahead. “And this is what I should have said. Well,…

MMG Weekly: Fed and Bond Market Are Quiet for a Change

A Look into the Markets This past week was a bit quiet as no Federal Reserve officials were talking to move the market. However, this changes next week, as we approach the highly anticipated FOMC (Federal Open Market Committee) Meeting. Let’s discuss what to look for as we wait on the Fed. “Don’t speak, I…

MMG Weekly: Smoke Signals Emerge

A Look into the Markets This past week, home loan rates touched the highest level in a decade as global bond yields were on the rise. Let’s discuss some potentially positive signals for those looking for a rate peak as well as what to watch for next week. “So, you got to let me know,…

MMG Weekly: A Tale of Two Inflations

A Look into the Markets This past week, home loan rates hit the highest levels in nearly a decade as inflation readings came in touching 40+ year peaks. Let’s discuss what happened and what to watch for next week. “Why does it have to be like this? I can never tell” – Little L by…

Sign On Money is Dropping: Why, and how much lower?

Why you should make a move sooner rather than later… No, it’s not all about the money, Jerry.  But, if you’re looking to capitalize on your last big transition package, you’d better act fast. 2020 and 2021 brought on some of the highest lending levels in the history of the industry.  In turn, LO’s production…

MMG Weekly: Brainard and Fed Minutes Move the Markets

A Look into the Markets This past week, home loan rates touched the highest levels in three years in response to the same theme…inflation fears and forthcoming Fed rate hikes, and balance sheet reduction. Let’s discuss what happened and what to watch for next week. “In a New York Minute, everything can change” – New…

MMG Weekly: Tailwinds From Abroad

A Look into the Markets This past week, home loan rates improved from the worst levels in three years. Let’s walk through what happened this week and talk about what to watch in the weeks ahead. “It’s a small world after all” – It’s a Small World by The Disneyland Children’s Chorus, Robert and Richard…

MMG Weekly: Rates Spike on Tough Fed Talk

A Look into the Markets Home loan rates ticked up to fresh three-year highs as a parade of Federal Reserve officials spoke throughout the week about the need to hike rates more aggressively to combat inflation. Let’s walk through what happened this week and talk about the big reports coming next week. “Mr. Big Stuff…

MMG Weekly: We Have Liftoff

A Look into the Markets Interest rates hover near three-year highs as the Federal Open Market Committee (FOMC) raised the Federal Funds Rate by 0.25%. This was the first rate hike in three years. Let’s break down what the Fed said in their Statement and press conference and look at what the future may hold.…

MMG Weekly: 2.5% 10/1 Arrives as Rates Climb

A Look into the Markets Interest rates ticked up this week, despite the ongoing and uncertain Russia/Ukraine war. Let’s break down what happened this week as we prepare for an important Fed meeting next week. “I heat up, I can’t cool down, you got me spinning round and round” – Abracadabra by Steve Miller Band This…