Market Update -July 31st, 2023
Nick Steinhauer Nick Steinhauer

Market Update -July 31st, 2023

This week, we discuss the impact from the Federal Reserve's meeting last Wednesday and the offsetting effects from Thursday's big economic news day. Where did rates end up by the end of the week? Also, we provide a valuable resource for realtors to answer the top 10 most asked mortgage questions from homebuyers.

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Market Update - July 24th, 2023
Nick Steinhauer Nick Steinhauer

Market Update - July 24th, 2023

This week, we discuss the big Federal Reserve meeting this Wednesday. All indicators point to a rate hike of 25BPS but what will they say about future rate hikes? All eyes and ears will be tuned in Wednesday afternoon.

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Market Update - July 17th, 2023
Nick Steinhauer Nick Steinhauer

Market Update - July 17th, 2023

This week we discuss the inflation metrics released last week and the resulting implications to mortgage rates. Is the next leg down going to be easy? The Fed’s target inflation rate is 2.0%, but is there a path to get there quickly? We also share details to help our realtor partners crush their next open house.

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Market Update - July 10th, 2023
Nick Steinhauer Nick Steinhauer

Market Update - July 10th, 2023

This week we aren’t sugar coating anything. We discuss the rate environment and the factors that sent rates higher last week. Additionally, we discuss what to expect this week as major data points are released.

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Market Update - July 3rd, 2023
Nick Steinhauer Nick Steinhauer

Market Update - July 3rd, 2023

This week we discuss what caused rates to push higher last week. Also, could student loans be the reason inflation actually comes down? Lastly, we share 7 gems that real estate agents can leverage to help build credibility in the luxury real estate market.

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Market Update - June 26th, 2023
Nick Steinhauer Nick Steinhauer

Market Update - June 26th, 2023

This week we discuss our expectations on where rates will be going in the foreseeable future...more than likely, it's "higher for longer". New construction is booming. Realtors should be leveraging that option for their clients. Lastly, we discuss the Feds current thinking on where the Funds rate will go through the remainder of 2023.

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Market Update - June 19th, 2023
Nick Steinhauer Nick Steinhauer

Market Update - June 19th, 2023

Was last week as volatile as we expected in the mortgage industry? We saw the CPI news on Wednesday morning followed by the Fed meeting later in the afternoon. Markets went crazy, right? Right? We'll explain what happened along with some news on income limit adjustments for Home Possible/Home Ready loans. Lastly, we've got 23 ways for realtors to generate leads that you'll have to see!

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Market Update - June 12th, 2023
Nick Steinhauer Nick Steinhauer

Market Update - June 12th, 2023

This week we discuss the monster news week ahead. We are preparing for the CPI (inflation) data on Tuesday and the PPI (inflation) data on Wednesday morning. The Fed announces whether they will hike rates again on Wednesday afternoon. Lastly, we discuss how home prices continue to climb particularly in strong markets like central Ohio.

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Market Update - June 5th, 2023
Nick Steinhauer Nick Steinhauer

Market Update - June 5th, 2023

This week we discuss the reasons rates pulled back last week but then whipsawed higher on Friday due to a jobs report that was on fire! We also discuss a new FHA proposal to help borrowers with their payments and a value add you don’t want to miss.

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Market Update - May 29th, 2023
Nick Steinhauer Nick Steinhauer

Market Update - May 29th, 2023

This week we discuss the major economic impacts that last week that sent mortgage rate skyrocketing, the resolution of the debt ceiling debate and the need for trusted advisors during times of uncertainty.

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