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Wait and See Attitude

March 25, 2025

The Federal Reserve’s Open Market Committee met last week and as expected, they did not lower or raise their benchmark interest rate. Despite evidence of a softening of the economic climate, they choose to sit back and wait to see what the effects will be as certain new policies are implemented by the Administration. There certainly has been a whirlwind of activity emanating from the government sector and while everyone is hoping for a positive economic response, the markets have shown more anxiety than anything as of this time.

Real estate forecast 2021 economy

So, what would it take for the Fed to come in and make such a move?  If the economy slowed down enough to threaten a recession, one would think we would see actions to lower interest rates further. On the other hand, if these policies cause a regeneration of inflationary pressures, we could actually see the Fed raise interest rates from their present levels.  The real concern is an economic slowdown accompanied by inflation, which is known as stagflation, which would put the Fed in a quandary.

Certainly, it is too early in the game to predict any of these scenarios, which is why the Fed has decided to adopt their wait and see attitude. The initial reaction of the markets is often not indicative of long-term trends. The markets often react to change negatively. On the other hand, there are plenty of times that the markets reactions are on point and thus we should not ignore the messages being displayed. What we can say is that this year is starting out with a lot of fireworks, and it looks like we could be in for quite a wild ride. Fasten your seatbelts. 

Source: origination pro

Queens Mortgage Broker

Amerimutual Mortgage

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Backed by a long history of integrity and driven by a commitment to enrich the community of Astoria Queens and the surrounding neighborhoods of Queens, Brooklyn, NYC and Long Island, AMERIMUTUAL Mortgage is family-owned and operated local business that is proud to make a difference by matching home buyers with the right mortgage products for their needs.

As a respected leader in the NYC, New York lending business, AMERIMUTUAL has been successful in revolutionizing the industry one mortgage at a time. Our company values are grounded in the principles of honesty and fair dealing.  For you, this means responsible lending with reasonable fees and you can enjoy a worry-free lending experience from a local Astoria, NY business you can trust.

AMERIMUTUAL is an Upfront Mortgage Broker that places a premium on transactional transparency. Our valued clients appreciate this advantageous approach and enjoy the benefits of having a mortgage broker that is fully aligned with consumer interests.

Review our A+ Rating and information on file with the Better Business Bureau.

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Complete Application (recommended):  If you are ready to fill out a Complete Mortgage Application, click here to be directed to a SECURE online Mortgage Form.  This will take about 10 minutes to complete. 

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Testimonials

Eli N

Benny and Phil were great to work with! they assisted us in every aspect of the process even when it wasn’t their job. They explained every step and guided/advised us on the best course of action. Their fees were more than fair and their integrity was at a level far above ANY lawyer or mortgage broker we have ever dealt with.

Joe D.

Philip Loria made the mortgage process quick and easy, and also found ways to save us money. He was always on top of things, very accessible, and his communication is top notch. I will recommend Philip Loria and Amerimutual Mortgage highly to any of my friends, family or colleagues.

Joe D. Long Island, NY
Ninfa Brusca

Philip and Benny Loria were very knowledgeable and professional. They exceeded all our expectations and were a pleasure to work with. They were both were just genuinely nice guys. They listened to all our concerns and did everything in their power to accommodate our needs and make feel comfortable throughout the whole mortgage process. I recommend Amerimutual Mortgage to anyone who is looking for a mortgage.

Ninfa Brusca Tuckahoe, NY
Lenny P., Occupation: Real Estate Development

Richard, I wanted to thank you for all your help and hard work. I am so glad our refinance was a success. You were very diligent and dedicated to getting me the best rate possible. I truly enjoyed working with you and will recommend your services to all our friends and family.

Lenny P., Rye, New York
Nick Tsatsaronis

Philip Loria, assisted me with my refinance. Thank you so much for all of your time and hard work. You made refinancing my house easy and stress free. I wouldn’t recommend anyone else. I will definitely use Amerimutual Mortgage for any future needs, and recommend them to anyone who needs a mortgage.

Nick Tsatsaronis Flushing, NY
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