Tag Archive for: the fed

Rates Plummet! Barry Was RIGHT! THIS IS HUGE!

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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

Why DEFLATION Is Now Likely and SO SCARY!

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HERE’S WHAT’S SCARY: MY NEIGHBOR WAITING TO BUY HIS MERCEDES! You have no idea how scary that is! My neighbor grew up poor in Boston, played college football at the […]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

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

Much Lower Interest Rates By March; Why & What It Means

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On Thursday, CPI (inflation data) came in lower than expected – and we saw one of the largest one-day rate drops ever. I of course blogged about it here: THIS […]Read More

History Of Interest Rates Part II (50 Years; 1 Year); Perspective Again!

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Several agents have recently requested updates to the History of Interest Rates/Perspective blog I wrote in early May. They of course want to show clients that today’s 4%-ish (jumbo) and […]Read More

Supply Chains Untangling; Inflation Waning? Who Was Right?

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For much of 2021 we were shown photos of container ship parking lots drifting far out to sea – with dire warnings of inventory crises and mass shortages. But today, Leonard Steinberg shared this in his Compass blog:Read More

Why Did Interest Rates Fall After The Fed Ostensibly Made Them Rise?

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The Fed recently raised rates, but interest rates fell in response. This is something we see so often that I had to blog about it – to again allay some […]Read More

When Will Rates Fall?

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I had an acquaintance who was a very successful regional homebuilder in the 1990s and early 2000s. By early 2005, he was so certain we were in a housing bubble that he started to short the major homebuilders (Lennar, Toll Brothers, Pulte, etc.). By “shorting,” he was betting that stocks would fall.Read More

Inflation; Mercedes S-Class Cars; Here To Stay? Does It Matter?

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MERCEDES S-CLASS SEDANS COST 1/2 OF WHAT THEY COST IN 1979 Leonard Steinberg wrote this in his excellent blog last week: “In 1979 a Mercedes S-Class cost about $34,000. Today […]Read More

Rates Shot Way Up Yesterday; Why? Will They Come Down Again?

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Interest rates shot way up yesterday – catching most of the industry by surprise (again). This is because rates have held amazingly steady for the last several months – but […]Read More

Is The Fed The Wizard Of Oz (Powerless)? Why It Matters

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In the iconic movie The Wizard of Oz, all of the characters thought the Wizard was an all-powerful being who controlled everything and everyone. But, in the end, we found […]Read More

Fed Speaks – Rates Up; Paying Off Student Loans With Mortgage; Interest-Only Loans

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Fed Chair Powell spoke yesterday and sent the bond market into a tizzy, as investors sold off their bonds and pushed rates sharply higher. What crazy thing did Powell have […]Read More

Fed: “We’ll Ignore Inflation & Keep Rates Low Forever!” Or Not

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Media outlets are abuzz with news about The Fed’s new commitment to keep rates low pretty much forever and to also change its inflation targets. This WSJ article is just […]Read More