Introducing the 50-Year Mortgage — What Could Possibly Go Wrong?

The government is trying to roll out a new “solution” to the housing crisis  and just like everything the government does, it’s perfectly logical and definitely won’t make the problem worse. They’re calling it the 50-year mortgage. That’s about how long a tortoise lives… and probably how long it’ll take to build equity in the house you’re […]

Rate Cut Expected, but the Details Matter

Happy Fed Week to all who celebrate! On Wednesday, the Fed is widely expected to deliver another 0.25% rate cut. This move is already priced in by the markets. Any big reaction will likely come from what Fed Chair Jerome Powell says about future cuts and the broader outlook. Another thing to watch: the Fed’s approach to […]

A rate cut is (almost) here!

It’s nice to see a 5 again on the rate sheet, it’s been a while! The Fed meets this week (September 17th), and everyone’s waiting to see if we finally get a rate cut this year. Markets are betting on a 0.25% cut, with most expecting two or three by year-end. A big catalyst for […]

Powell Clears The Way for a Sept Rate Cut

Last week’s Jackson Hole conference gave us a clearer picture of where the Fed stands heading into September. Powell kept his tone cautious, acknowledging progress on inflation but stopping short of declaring victory. The message: they’re willing to cut rates, but only if the data keeps pointing the right way. Between now and the Fed’s […]

Job Numbers: Missed It by That Much

Indulge me in a quick rant. Knowing the jobs report is one of the Fed’s key data points for rate decisions… why didn’t they wait to meet after the July numbers came out? Delaying the meeting by one week could’ve changed the entire outcome. If the Fed had seen this report beforehand, there’s a good […]