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Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about the most recent CPI report. Good news, inflation continues to slow down, even though it was slightly up after yesterdays report. Today we look at two competing headlines. The first article is from Realtor.com titled "Inflation rises for the third straight month in troubling sign for mortgage rates," and the second article is from CNBC.com "Mortgage rates head lower after CPI report."
So...which one is true? We discuss that it depends on the perspective. The feds job right now is to keep labor & the economy strong. Overall, we want to get the economy to get to 2% -- so even though the CPI was slightly up, it was up less than was expected. Listen in as we discuss this and more!
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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.
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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.