Follow me on Google+
Mortgage and Refinance Broker, Queens NY

Instant Call

Need help? Call (718) 943-9200

Contact Us | Apply

Amerimutual Mortgage Phone Operator
  • Home
  • About
    • About Us
    • Upfront Mortgage Broker
    • Better Business Bureau
  • Purchase
    • Purchase
    • Paperwork Needed
    • How Much Can I Afford?
    • What Will My Monthly Payment Be?
    • Quick Quote
    • Apply Now
  • Refinance
    • Refinance
    • Cash Out Refinance
    • HARP Refinance
    • Refinance Analysis
    • Quick Refi Quote
    • Apply for Refi Now
  • Loan Options
    • Fixed Rate Mortgage
    • Adjustable Rate Mortgage
    • Pick A Term
    • FHA Loans
    • VA Loans
    • FHA VA Streamline Refinance
    • HARP Refinance
  • Commercial
    • Commercial Real Estate Loans
    • Apply Now
    • Contact Us
  • Calculators
    • How Much Can I Afford?
    • How Much Will My Monthly Payment Be?
    • Renting versus Buying Calculator
    • Refinance Analysis Calculator
    • Mortgage Consolidation Calculator
    • Paperwork Needed
    • The Loan Process
    • Glossary of Mortgage Terms
  • Mortgage News
  • Testimonials
  • Contact Us

Is The Fed Too Late?

October 19, 2021

If we stay on this course, the Fed will soon start tapering their purchases of bonds and mortgages. Not long after that process begins, they might even start raising short-term interest rates. Well, the government is famous for waiting too long to act and overreacting when they do act. Will this be the case this time? We are not sure, but there are two separate “too late” scenarios.

Scenario number one. We already know that inflation has increased throughout 2021 and is running hotter than the Fed would like. They have allowed inflation to continue without proactive actions to reign it in, because they feel that today’s inflation is “transitory”— or another word for temporary. But what if this inflation is not temporary and when the Fed acts, it is too late to control it as the economy expands? Out of control price increases, such as the recent run up of oil prices, could actually slow down the economy and cause a phenomenon we have not seen for many decades – stagflation.

Scenario number two. After a few hot quarters, the economy is actually beginning to slow down in the third quarter. The Fed’s movement to taper and raise rates could come at a time in which the economy actually needs another push to help us recover the jobs we have lost. But instead, they suppress an already slowing economy. Either scenario could happen, or the economy could stay on it’s present course and the Fed’s actions in moderation may have little or no effect. Only time will tell.

Source: Origination Pro

Searching for a home loan mortgage near me? Amerimutual Mortgage in Astoria, Queens NY is your trusted local source for all mortgage loan products from traditional 30 year home loans, to refinance, home equity loans, investment property loans and commercial building loans. Call us now for free, friendly advice:

718-943-9200

Queens Mortgage Broker

Whether you are purchasing a home, refinancing, require cash, looking to get some equity out of you home, purchasing an investment property or vacation home, Amerimutual Mortgage in Queens will find a product to accommodate your mortgage and refinancing needs.

We work with an array of lenders and investors which allows us to get you the best rates on all types of loan programs including: 30yr mortgage, 20yr mortgage, 15yr mortgage, 10yr mortgage, 1yr ARMS, 3yr ARMS, 5yr ARMS, Conventional, Jumbo, Home Equity Lines, FHA, VA and Commercial Real Estate Loans.

Please contact us at our Astoria Queens NY office (718) 943-9200 to put our in-depth knowledge to work for you on your next real estate transaction.

NY MUTUAL LLC DBA AMERIMUTUAL MORTGAGE | 18-33 41st Street, 2nd Floor, Astoria, NY 11105 | NMLS # 148477. Registered Mortgage Broker-NYS Department of Financial Services

  • ← Previous
  • Next →
Apply Online Start funding your loan Rate Watch Track & Review Rates Quick Quote 30 Second Form

Testimonials

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.

Tuckahoe, NY

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.

Long Island, NY

Lenny P.

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.

Rye, New York
Occupation: Real Estate Development

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.

Flushing, NY

Vincent M.

I can’t express enough my gratitude to Richard Jamesley for walking me through the whole refinance process and keeping me informed every step of the way. Richard explained every step in detail, was very communicative, diligent, and prompt. We would definitely recommend you to our friends & anyone needing a mortgage.

Whitestone, NY
Occupation – Contractor

Dominick P.

Being a first time home buyer, the process was very foreign to me. Richard Jamesley could not have been more helpful and patient along the way. He explained every step in detail, was professional, straight to the point, and helped me with all aspects of buying my home. He was always there to answer any of my questions. Not only did he make the process quite easy , he helped to get me a great interest rate. I recommend Richard Jamesley without reservation. Amerimutual Mortgage will be my first and only call if I buy another house.

Bayville, Long Island, NY

Salvatore L.

Philip, I would like to thank you for carefully walking me through the loan process and calming my fears and uncertainties. Philip was very professional and his expert advice was critical to my success. You went above and beyond and kept me well informed. I highly recommend you and your company to everyone seeking financing for their property.

Beechhurst, NY
Occupation – Real Estate Manager

Rocco Buffolino

As a first time home buyer it was nice to have people as helpful as Philip Loria and Benny Loria. Our experience was wonderful. Philip was very knowledgeable, professional, and demonstrated an expertise which put us at ease during the purchase of our home. He took the time to answer all our questions and we feel he went above and beyond for us. I highly recommend Amerimutual Mortgage.

Westbury, New York

Carol Gudura

Richard Jamesley was a pleasure to work with. He is very smart, helpful and just willing to help in any way he could. Richard helped walk me through each step of the process and kept me well informed. He is a true asset to you company.

Malba, NY

George Poulakis

My refinance experience with Amerimutual Mortgage and their affiliates was above expectations.  Amerimutual Mortgage knows what they are doing and provides excellent customer service. Thank you all so much for all of your time and hard work.

College Point, New York
Occupation – Electrician

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.

    • Home
    • Privacy Policy
    • Terms of Use
    • Glossary of Terms
    • FAQs

    Copyright © 2022 Mortgage and Refinance Broker, Queens NY. All rights reserved.
    NY MUTUAL LLC DBA AMERIMUTUAL MORTGAGE | 18-33 41st Street, 2nd Floor, Astoria, NY 11105 | NMLS # 148477. Registered Mortgage Broker-NYS Department of Financial Services - All mortgage loans arranged with third party providers.

    Amerimutual Mortgage is BBB Accredited Business since 1/11/2012 Amerimutual Mortgage is Upfront Mortgage Brokers Amerimutual Mortgage is member of New York Association of Mortgage Brokers Amerimutual Mortgage Equal Housing Opportunity Amerimutual Mortgage is secured website


    SEO Optimized website Designed & Built by iVideoWeb.