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Inflation Data? Meh…
Manage episode 410297220 series 3460347
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Today in Mortgages, we’re discussing the current state of the economy and its impact on mortgage rates. Conflicting indicators of a strong economy and high inflation are making it difficult for the Federal Reserve to cut rates. We’re focusing on the importance of the buyer's budget and selling on value rather than rate.
Takeaways
- The economy is showing signs of strength with low unemployment and open job positions.
- High inflation makes it challenging for the Federal Reserve to cut rates.
- Selling on value and the buyer's budget is more important than focusing on rates.
- The mortgage industry is experiencing growth and positive changes.
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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at http://nflp.com/licenses for all state licensing and other legal information. See more at http://TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here. Learn more about Network Funding on our parent site, http://nflp.com
See more at TodayInMortgages.com
Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here.
Learn more about Network Funding on our parent site.
Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042.
The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.
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