February 22, 2022 We have previously spoken about the fear of missing out in the real estate market (FOMO). Rising prices and rising interest rates are creating a sense of urgency among buyers – especially Millennials who are entering the prime age of needing more space for their growing families. The prime problem today is […]
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February 8, 2022 If we called 2021 the “year of jobs,” the next question is, what will 2022 deliver as an encore? On Friday, the markets received the first important data of 2022—the January jobs report. Coming on the heels of the late January meeting of the Federal Reserve, you can be sure both the […]
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February 2, 2022 Last week we spoke about the fact that we are in the midst of a trifecta of economic data. Last week we had the first meeting of the Federal Reserve Open Market Committee for the year. We were expecting an eventful meeting, but not from a standpoint of immediate action. Instead, the […]
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January 25, 2022 The importance of each monthly meeting of the Federal Reserve Board ebbs and flows in relation to the economic environment surrounding each meeting. When the pandemic first hit and major parts of the economy shut down, all eyes were on the Fed as they came to the rescue. Since that time, each […]
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November 16, 2021 Don’t look now, but the pandemic has started to wane once again. After cases fell throughout the spring and early summer, the Delta variant pushed cases from a low of just over 10,000 per day to a high of almost 200,000 per day by early September. Now cases have fallen to around […]
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November 2, 2021 Today’s mortgage interest rate reflects a combination of factors such as today’s actions by the Federal Reserve. The Federal Reserve’s Open Market Committee is meeting this week and the decision on whether to taper their purchases of bonds and mortgages will be front and center. The minutes of the Fed’s last meeting […]
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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 […]
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September 14, 2021 In March of 2020 when the economy shut down due to the pandemic, few thought we would be dealing with the after-effects one and a half years later. In truth, we could not see the pandemic coming and we did not clearly see the future of the pandemic. As vaccinations have progressed, […]
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August 31, 2021 Today there has never been so many factors affecting the economy all at once – and many of these are pushing us in different directions. We have discussed many of these previously. First and foremost, we have COVID. The recession was COVID-induced, and our recovery depends upon the pace of vaccinations and […]
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August 24, 2021 The strong July jobs report caused a stir in the markets. Most notably, long-term interest rates – which were trending down – reversed course quickly. Was this an indicator that the economy is going to pick up steam from here? It should be noted that the rise in rates did not last […]
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