Queens Real Estate News Archives - Page 3 of 21 - Mortgage and Refinance Broker, Queens NY

Triple Whammy Time

April 25, 2023 Every week seems to be a big week when it comes to economic data and events. However, it is not often we see the triple whammy of events which will occur this week and next. This period typically occurs once or twice per year. What are these events? First, this week we […]

There Are Predictions and Then There Are Predictions

April 18, 2023 We are now over one-quarter of the way through the year. We will soon have the first measure of economic growth for the first quarter of the year – just in time for the Federal Reserve to meet again and decide whether to raise short-term rates again. Thus, we feel that it […]

Between a Rock and a Hard Place

April 11, 2023 Excuse our overuse of common cliches. But we can find no other description of the dilemma facing the Federal Reserve. We would not want to be in their place. On one hand, the jobs market has been red hot up until now and inflation is still a major concern. When you get […]

More Food For The Fed

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March 7, 2023 Two weeks from now the Federal Reserve will be meeting again. Meanwhile the members of the Open Market Committee have been on a feeding frenzy. While mere mortals like us feed on regular food such as meat, carbs and dairy, the Fed feeds on data. And they have had plenty of data […]

Triple Play

January 31. 2023 This week gives us a plethora of data which could help determine how 2023 is shaping up to be. We started out Thursday with the first measure of growth for the last quarter of 2022, which gives us an idea of how we closed out the year. The GDP came in at a […]

The Wild Card

January 17. 2023 The pace in which interest rates rose in 2022 was a surprise to just about everyone. There is no doubt that this phenomenon was spearheaded by what was considered rapidly progressive inflation. At the beginning, the Federal Reserve declared inflation a transitory result of the pandemic. However, inflation did not seem to […]

The Coming Recession

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January 10. 2023 First of all, we must qualify this headline with the important caveat that a recession is not a sure thing. However, so many economic forecasts are banking on a recession in 2023, we must at least acknowledge the possibility of a recession this year. The vast majority of these forecasts are predicting […]

It is 2023!

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January 3. 2022 There are so many questions at the beginning of every year. For one, how long will it take for us to stop writing or typing 2022? Secondly, from that famous Seinfeld episode—for how long will we wish everyone a Happy New Year? Do we stop January 31st or later? Here is another […]

The Fed Has Spoken – Again

November 8, 2022 We must sound like a broken record. The Federal Reserve meets. The Fed raises short-term rates. The Fed says — we are going to raise rates until inflation gets under control. Wash, Rinse, Repeat. This was the sixth time the Fed raised their benchmark rates this year, with the most recent four […]

A Major Reminder

October 18, 2022 All this focus on the jobs report, the Federal Reserve raising rates and other economic reports, sometimes has us putting blinders on. Then something happens that makes us realize that we are not alone in the world. Perhaps it is the pandemic or the war in Ukraine. The bottom line is that […]