4 Key Takeaways from Powell's Trip to Congress

“Yes or No” question: "We could have called this?"Fed Chair Jerome Powell flexed his muscles on Capital Hill this week, making markets go haywire yet again. But did he say anything new… really? We walked away with four key takeaways:1. Fed won’t rescue US from debt ceiling crisis2. Fed is eyeing more rate hikes3. Powell acknowledges potential job losses4. Powell says US dollar’s dominance isn’t threatenedAll these questions and more are answered in this edition of Today in Mortgages.See more at TodayInMortgages.comWant 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.