Real Estate Refresh

I started this conversation last week – about a real estate market in the midst of global instability, market fatigue, and never-ending political noise. Our world – including the volatile bond market, inventory crisis, bumpy escrows filled with money pinched buyers and sellers – has entered the chat as something grounding?!  As the safe place to focus on? It’s crazy…but true.  Why housing and why now?   President Donald Trump gave a very eloquent speech at NATO this week and

This week gave us more than two insane headlines but there were two specifically that actually collided in the bond market. Just hours after I published this vlog last week, talking about the impacts of Trump’s announcement that he wants $200 billion in mortgage-backed securities purchased by government entities in order to bring down mortgage rates…the Federal Reserve was served a flurry of subpoenas. This man is his own worst enemy because the bond market didn’t like that n

I was working away yesterday when I glanced at mortgage bonds and saw they had shot into the green 30 basis points. I was like uhh what happened?!  Then I opened Instagram and everyone was losing their minds about Trump’s announcement that he’s directing the government to purchase $200 billion in mortgage-backed securities in order to lower mortgage rates. This is called quantitative easing and is the other, less known, level the Fed has at its disposal to stimulate the econo