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…

MMG Weekly: Big News Sparks Big Moves

A Look into the Markets Interest rates improved slightly this week in response to the Russian invasion of Ukraine. This story is evolving every moment and the current uncertainty is helping bonds and rates. Let’s discuss what this all means for our economy and the Federal Reserve’s actions. “Communication breakdown, it’s always the same” -…

MMG Weekly: The Elephant in the Room

A Look into the Markets Interest rates improved slightly this week in response to the Russian invasion of Ukraine. This story is evolving every moment and the current uncertainty is helping bonds and rates. Let’s discuss what this all means for our economy and the Federal Reserve’s actions. “Communication breakdown, it’s always the same” -…