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Mortgage and Lending - Finance Of America - NMLS #311662
RECENT BLOG POSTS
The annual inflation rate in the US accelerated to 7.5% in January of 2022, the highest since February of 1982 and well above market forecasts of 7.3%, as soaring energy costs, labor shortages, and supply disruptions coupled with strong demand weigh. It’s interesting how this report doesn’t ment...
02/14/2022
In the News It’s a bit of a slower start to the week but we get some inflationary numbers towards the end. CPI has not slowed down but it’s all about how the numbers come in with respect to market expectations. We also get to hear from some of the Fed members this week. It’s important to see how ...
02/08/2022
In the News We get a lot of insight to jobs and unemployment this week. A strong labor force was one of the reasons that the Fed said was reasoning behind their intended rate hikes. We will also see if the Chicago and SF Fed presidents have hawkish or dovish comments to make with regards to inter...
01/31/2022
In the News We have a busy week ahead of us. Tuesday Home price changes YOY Consumer confidence  Wednesday New home sales starts FOMC statement Fed Chairman Powell news conference  Thursday Initial and continuing jobless claims GDP numbers Pending home sales  Friday 2 sets of inflation data Month...
01/24/2022
First of all, Happy New Year! I hope everyone had a safe, fun time with family. Now, onto this week’s calendar of economic events. In the News TuesdayJob Openings / Job Quits Wednesday ADP employment report FED minutes release from the December 15th meeting  ThursdayInitial and continuing jobless...
01/03/2022
In the News We have a short week to end 2021. Nothing crazy. Get a look at some housing numbers. Here is what’s coming up - TuesdayUS home price index (YOY) WednesdayPending home sales ThursdayInitial and continuing jobless claims Chart Check We are continuing through our wedge. This looks like a...
12/27/2021
No matter where you are from I hope you enjoy the holidays! Arabic: Milad Mubarak Croatian: Sretan Bozic Dutch: Zalig Kerstfeest French: Joyeux Noël German: Fröhliche Weihnachten Hong Kong: Sing dan fiy loc Indian: Natal Mubarak Israeli: Mo'adim Lesimkha Italian: Buon Natale Japanese: Merii Kuris...
12/21/2021
In the News The Fed said how they will increase their tapering and have 3 rate hikes next year. The market actually reacted well to the news. I believe it reacted well because we finally have some sort of “plan” in play. I find it hard to believe, however, that the Fed will raise rates 3 times. I...
12/20/2021
In the News Inflation numbers came in at 6.8% - the largest increase in 39 years. I would argue that this number is realistically in the double digits due to the way the government keeps out a lot of goods/services in their calculations (energy, for example, which has experienced the largest incr...
12/13/2021
I wrote a blog yesterday announcing the New 2022 Loan limits. We are seeing a historical increase of over 18% compared to last year.I wanted to follow up with a link to the new limits.https://www.fhfa.gov/Media/PublicAffairs/Pages/FHFA-Announces-Conforming-Loan-Limits-for-2022.aspx?fbclid=IwAR1gA...
12/01/2021
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