Tag Archive for: Barry Habib

Why Is The Fed SO DETERMINED To Push Rates Higher? (Not What You Think)

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What Is the United States’ Most Powerful Weapon? 1. It’s Ohio-class nuclear-powered submarines? 2. It’s B83 nuclear bombs? 3. It’s Tomahawk cruise missile? 4. It’s AC-130U gunships? Or 5. It’s […]Read More

Inflation Concerns Push Rates Up – Opposite of My Predictions

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Mortgage applications fell precipitously recently in direct response to a rise in interest rates. We have seen the opposite effect too over the last several months in response to falling […]Read More

Recession Coming Soon – DESPITE A STRONG JOBS REPORT!

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“IF A RECESSION IS COMING, HOW DO YOU EXPLAIN THE STRONG JOBS REPORT?” That was an email I received this morning from the most prominent voice/blogger in the mortgage industry. […]Read More

DANGER! Don’t Look Through the “2008 Lens!”

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Lyn Alden is probably my favorite Macro Analyst, as she is clearly brilliant and also very articulate and objective. I HIGHLY recommend following her on Twitter and on any podcast […]Read More

Housing Data Remains Strong – Despite “Imminent Crash”

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Steven Van Metre is a macro analyst and financial planner who has been predicting an “imminent housing crash” for over a year, including here, here, here, here, and… here. Despite […]Read More

Inflation DOWN; Rates UP; What Gives? Housing Inventory Still Tight

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15 Degrees Last Night in Austin, TX This has nothing to do with mortgages, but I have to share it because I find it so interesting.  Austin saw a low […]Read More

Inflation Down; Rates Down & More To Come; The Fed Does NOT Control Interest Rates

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Inflation (CPI) reports came in lower than expected yesterday – and that pushed rates lower because inflation expectations are probably the biggest single driver of interest rates. According to this […]Read More

Surge In Contracts, Pre-Approvals, And Returning Clients

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Rates fell again today, exactly like macro pundits Jeff Snider and Barry Habib have been predicting for about a year now. Once again – they both told us earlier this […]Read More

THE BIGGEST PROBLEM IN REAL ESTATE Right Now – And How To Overcome It!

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Barry Habib Hates CNBC’S Diana Olick! Mr. Habib is one of the macro pundits I cite very often because he is correct so often. “Hate” may also be too strong […]Read More

THIS IS HUGE! Inflation & Rates PLUMMET!

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Inflation Came In Cool – Exactly As Barry Habib And Jeff Snider Predicted! In 2021, I told a group of mortgage bankers at a lunch how and why rates were […]Read More

The Fed Did NOT “Raise Rates 3/4% Yesterday” – Deflation/Lower Rates Coming Soon Part II

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The Fed raised rates 75 basis points or 3/4% yesterday – so my rate quote at the bottom of this blog went from 6.0% yesterday to 6.75% today. FALSE!! THAT […]Read More

Inflation RED HOT! Rates WAY UP! Relief On The Way?

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Today’s inflation report (Consumer Price Index/CPI) came in much hotter than expected and rates shot through the roof in response. BUT – as Barry Habib (of MBS Highway fame) has […]Read More

The Fed’s Raising Rates 3/4%! OMG! CoreLogic Predicting 4% Home Appreciation Still!

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The Fed let it be known yesterday that it will definitely raise the Fed Funds Rate by 0.75% on September 21st… and the market yawned. As Barry Habib reminded us […]Read More

Media Lies About Housing Market; Slower Market ≠ Depreciation

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Agents are telling me that some of their clients are getting cold feet about buying right now for a variety of reasons, including: 1) Concerns about higher rates and payments; 2) Concerns about depleted investment accounts; 3) Concerns about an overheated housing market; and 4) Misleading media reports that are scaring the heck out of everyone!Read More