Powell To Remain His Chair
30 Second Market Update
November 29, 2021
Just last week President Biden renominated current Federal Reserve Chair, Jerome Powell for another four-year term to head the Fed. Lael Brainard, Federal Reserve board member and Governor, who took […]
Home Prices Expected to Increase Even Higher in 2022!
30 Second Market Update
November 22, 2021
As recently as September, Zillow analysts released their projections for the housing market over the next 12 months. They predicted an 11.7% increase over that time, piggybacking the home price […]
Inflation Still Moving Up
30 Second Market Update
November 15, 2021
The Consumer Price Index which measures consumer-based inflation was released last week and it rose by 0.9% for the month of October. This came in a lot higher than expectations […]
Federal Reserve Leaves Benchmark Rate Unchanged, Rates Expected to Rise!
30 Second Market Update
November 08, 2021
Although the Federal Reserve did not raise their benchmark rate last Wednesday, rates are expected to rise in the near future. The federal funds rate, which is determined by the […]
Inflation and The Fed
30 Second Market Update
November 01, 2021
The Bureau of Economic Analysis released their Personal Consumption Expenditures report (PCE) which was for the month of September and it showed that inflation on the consumer level increased by […]
Fannie Mae and Freddie Mac Expecting Record Leap for Loan Limits in 2022!
30 Second Market Update
October 25, 2021
Still not officially announced, the Federal Housing Finance Agency (FHFA) is expected to raise conforming loan limits for Fannie Mae and Freddie Mac for the 5th consecutive year for 2022. […]
Inflation is Here
30 Second Market Update
October 18, 2021
The U.S. Bureau of Labor Statistics released their Producer Price Index (PPI) for the month of September, and it showed that inflation on the wholesale level rose 0.5%. Year over […]
Home Prices and Rates Expected to Continue Higher in 2022!
30 Second Market Update
October 11, 2021
We are at the beginning of the final quarter of 2021, which has brought a year filled with strong appreciation gains and record low interest rates. With 2022 on the […]
Is New Construction Improving?
30 Second Market Update
October 04, 2021
The monthly New Residential Construction report was recently released for the month of August. Within this report there are three categories; Building Permits, Housing Starts and Housing Completions. Permits, which […]
The Fed and Interest Rates
30 Second Market Update
September 27, 2021
The Federal Reserve, led by Fed Chair Jerome Powell meets eight times a year. In their most recent meeting, last week, the Federal Reserve hinted at planning to slow down […]
Is Inflation Slowing Down?
30 Second Market Update
September 20, 2021
The word “inflation” reared its head and was in the media spotlight last week again when the Consumer Price Index (CPI) was reported on. The CPI, which measures inflation on […]
Housing Bubble?
30 Second Market Update
September 13, 2021
The media of late has been pushing the idea of a “housing bubble” and when looking at the current dynamics of the market, it is hard to believe it. Let’s […]
