Tag Archive for: Barry Habib

The Death of Inflation; Some Fascinating & Necessary Perspective

Today’s inflation report came in surprisingly tame, despite rising energy prices. It is another indication that inflation is clearly waning, as both Jeff Snider and Barry Habib have been predicting for some time.Read More

More Great Inflation News; Rates FALL 1/2% This Week; Fed Victory Dance?

Another inflation indicator came into today below expectations – and rates fell even further. They have now fallen almost 1/2% this week!  In contrast last, I just blogged last week […]Read More

Inflation and Interest Rates Plummet! It Won’t Last; Takeaways

Consumer Price Index (CPI) numbers were released today, and interest rates plummeted in response. “Headline CPI” fell to only 0.18% month-over-month (comparing June to May), and to only 3.0% year-over-year […]Read More

Median Home Prices vs. Actual Appreciation vs. Bullsh*t Headlines

The WSJ ran this headline on the front page today: U.S. Home Prices Posted First Annual Decline Since 2012 in April. The good news is that the article focused on […]Read More

Inflation Down & Rates UP? Uh Oh… What Now??

Yesterday’s Consumer Price Index (CPI) Report showed “the most intense decline in inflation in 70 years.” And rates increased at the end of the day – SHOCKING THE FINANCIAL WORLD! […]Read More

Fear & Uncertainty Keeping Buyers & Sellers On Sidelines

Agents continue to tell me that they have numerous buyers and sellers sitting on the sidelines because there is just too much uncertainty; in other words, FUD (Fear, Uncertainty, and […]Read More

Disinflationary Trend Continues Despite Oil and Autos! WHOOAA!

I have been touting the May 10th Consumer Price Index Report (for April inflation numbers) for months now in blogs and in my talks. I touted it with so much fanfare because Barry Habib has been doing so for good reason: The April of 2022 reading was high, so it made it much more likely that April of 2023 would look much better in a “year-over-year” comparison.Read More

Recession, Depression, Soft Landing, High Rates, Low Rates – Who Do We Believe?

In late 2020, I was having lunch with several mortgage bankers who wanted to celebrate the success we were all having – as we were all enjoying unimaginable record profits. I, however, was not in a celebratory mood, telling them that rates would likely approach 8% in the coming years and that we needed to streamline and get much more efficient.Read More

7 Reasons Why Analysts Are FURIOUS With The Fed!

I have never seen so much frustration and anger expressed over policy errors as I have over the last week – and it is all because the Fed is poised to raise the Fed Funds Rate 0.25% today. This will bring us to a 16-year high in what has been the fastest rate hiking cycle in history, and it will likely bring our economy to its knees.Read More

Home Prices UP per Case-Shiller and FHFA; Please Ignore Median Home Price Nonsense!

FHFA (the entity that regulates Fannie and Freddie) also recently released its home price index, and its numbers were even stronger. Per FHFA, February saw a month-over-month gain of 0.5% - which works out to a 6% annual gain.Read More

Debunking Negative Housing News Again. Sigh…

“I just had a listing sell for $200,000 over asking. All of my homes are selling within a week, and at list price. This is not my reality. Am I missing something?”Read More

Is China’s Collapse Imminent?

A lot of smart people say, yes – China’s financial collapse is very likely.  I have addressed China’s woes several times over the last few years, including  (1) China's Banking System Collapse Is Terrifying; (2) China's Massive Housing Bubble; and (3) Are China's Woes Good For Mortgage and Real Estate? I am bringing China up again though because a financial collapse really does seem imminent (likely to take place this year), and the repercussions will be felt everywhere – given the enormous size of the Chinese economy.Read More

Fed Raises Rates; Mortgage Rates PLUMMET; Why? JVM’s Here to Stay!

JVM was officially founded in 2006, and effectively founded in 1999 under another name by my wife, Heejin – with much of her operation carrying over to JVM in 2006. All this is to say that we are definitely here to stay, as we have ridden through several very serious downturns with nary a scratch, and we are now stronger than ever.Read More

Rates Plummet! Barry Was RIGHT! THIS IS HUGE!

Barry Habib is the founder of MBS Highway, a subscription service that thousands of mortgage industry insiders subscribe to at a cost of $120 to $170 per month – and it is worth it!Read More