Mortgage rates are skyrocketing thanks to the Fed, but buyers who can tough out this difficult, changing market will be rewarded.
In times of Treasury turmoil, the biggest investor outside American soil has historically lent a helping hand. Not this time round.
Jerome Powell doesn’t like to bless bets in financial markets, but he could shift the needle this week on how high investors expect the Federal Reserve to raise interest rates to cool overheated prices.
Newsfeed: Powell’s Fed Set to Go Big and Keep Going Until Inflation Tamed Read More »
As political pundits debate debating, financial pundits are watching the 3D tennis match between President Trump, Speaker Pelosi and Chairman Powell. As discussed last time, this trio has been volleying stimulus demands back and forth for quite a while … even though the last round of stimulus ran out. Despite all this political pandemic pandering … so far, it’s not
To stimulate or not to stimulate … that is the question Read More »
What a difference a week makes! Last time we commented on the big news about the world’s most famous real estate guy potentially using the tax laws to reduce his federal income taxes to virtually zero. Since then, as you probably know, the news has been dominated by President Trump’s illness, hospitalization, treatment, and return to the White House.
In search of stability in an unstable world … Read More »
In our last edition, we discussed what gold might be revealing that the Fed isn’t … while waiting to see what Fed Chair Jerome Powell would say to Congress. But now the great and powerful Powell has spoken … and there are a couple of notable nuggets worthy of an inquisitive real estate investor’s attention.
Jerome Powell has spoken … now what? Read More »
Real estate investors tend to like low interest rates. After all, low rates mean lower payments for the same size mortgage … or a bigger mortgage for the same payments. Nice. The current Wizard of Rates is Fed chair Jerome Powell. And he just showed up on 60 Minutes and told everyone … “‘We don’t
At this rate, something’s gotta give … Read More »