by Jacob Lilley | Jun 25, 2021 | Blog, Home Buying, Home Selling, Mortgage Rates
The Federal Housing Finance Agency (FHFA) was born of the chaos that defined the mortgage market at the end of the great financial crisis. In addition to absorbing existing regulatory agencies’ duties, its most important and unique role came as the conservator of... by Jacob Lilley | Jun 18, 2021 | Blog, Mortgage Rates
The Fed released a new scheduled policy announcement this week as well as updated economic projections. Relative chaos ensued. Let’s talk about why and what it means going forward. Background on Fed Funds Rate and Mortgage Rates There’s a fairly... by Jacob Lilley | Jun 11, 2021 | Blog, Mortgage Rates
No, this isn’t one of those click-bait headlines that promise to share “one weird trick” or proclaim “you’ll never believe what happened next.” Well, actually, some people might have a hard time believing this one. In the interest... by Jacob Lilley | Jun 4, 2021 | Blog, Mortgage Rates
All eyes were on the big jobs report this week. Traders were anxious to see if it would be strong enough to accelerate the timeline for key policy changes that would greatly impact rates. The bond market and indeed many homeowners remember 2013’s taper... by Jacob Lilley | May 28, 2021 | Blog
Inflation is bad for interest rates and it’s at the highest levels in decades. But the housing market has a far bigger problem. Actually, it’s not hard for a problem to become bigger than rates right now considering we’re still at levels that would...