Anticipated Fed Inaction Pushing Rates Up

Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about why rates aren't getting better. The reason we are all confused is because rates are climbing, and this is after the highly anticipated rate cut. This could be due to a positive jobs report, and inflation coming down -- the two main factors the fed is trying to control. So the Fed is doing a good job! We are starting to see job softening and that is usually when rates come down traditionally. We are getting into more of a normal cycle -- which leads people to anticipate an economic slow down which means rates come down. We predict that we are going to see rates naturally coming down. Listen in as we discuss this and more!______ Grow Your Business: https://join.nflp.com/______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 nflp.com/licenses for all state licensing and other legal information.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.