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://www.hmrecruiting.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…
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,…
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…
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,…
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…
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…