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Fed, Inflation, FHA, And Debt Elimination

  • February 26, 2023
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  • realestatelife

  Who doesn’t want to be debt-free? That aspiration may seem like a long way ahead, but debt elimination doesn’t have to be a pipe dream, especially if you have the right guide on your side. Let Michael Harris be that guide on your journey to a debt-free life. Tune in as he discusses what

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February 24, 2023 – Economic News

  • February 24, 2023
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  • realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 March Coupon is down -29 BPS with 60 minutes left to trade. Inflation Nation: The Fed’s key measure of inflation was much hotter than expected. Headline PCE increased by 0.6% on a MOM basis vs. est. of 0.5%. YOY, it increased by 5.4% vs. est.

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February 23, 2023 – Economic News

  • February 23, 2023
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  • realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 March Coupon is up +20 BPS with 60 minutes left to trade. Jobs, Jobs, Jobs: Initial Weekly Jobless Claims were once again lower than expected, 192K vs. est. of 200K. The more closely watched 4 week moving average is now 191K. Continuing Claims hover near

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February 22, 2023 – Economic News

  • February 22, 2023
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  • realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 March Coupon is up +17 BPS with 60 minutes left to trade. Domestic Flavor: Taking it to the House: Weekly Mortgage Applications tanked for the second week in a row, this time they were down -13.3%. Refinances fell by only -2.2% but Purchase Applications dropped

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3-2-1 | 2-1 | 1-1 | 1-0 Buy-down | Rate Drop

  • February 22, 2023
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  • realestatelife

Inflation Buster helps lower your monthly payment. United Mortgage Corporation of America will pay 1% of your interest rate for the first year at no cost to you, saving you hundreds – even thousands. You get the security of a 30-year fixed-rate mortgage locked in at today’s rate. For example, if you lock a 6%

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February 21, 2023 – Economic News

  • February 21, 2023
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  • realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 March Coupon is down -36 BPS with 60 minutes left to trade. Taking it to the House:  January Existing Home Sales were 4.00M vs. et of 4.10M which is down -0.7% from December and 37% YOY. The median home sales price did move higher on a YOY

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Let’s Go! Time To Make A Decision For Your Future

  • February 19, 2023
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  • realestatelife

  Now is the time to decide for your future! But before you do, you have to listen to today’s discussion. In this episode, Michael Harris brings some insights to understand the cost of waiting versus the savings of getting started now. He welcomes Marisha Charbonnet with great information on real estate planning. So, let’s

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February 17, 2023 – Economic News

  • February 17, 2023
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  • realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 March Coupon is up just +6 BPS with 60 minutes left to trade. Genco Olive Oil: Import Prices in January fell by -0.2% which matched expectations. YOY, they were up by 0.8% which was much lower than estimates in the 2.9% range. Export Prices were

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Inflation Lingering, Fed Officials Singing

  • February 17, 2023
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  • realestatelife

  Inflation is here to stay, and Fed officials are singing. Tune in as Michael Harris breaks down everything you should watch out for to secure your finances and finally get rid of your debt as soon as possible. He talks about what to expect from the upcoming Fed meeting minutes and his findings on

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Wholesale inflation surges 0.7% in January, more than expected as high prices persist

  • February 16, 2023
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  • realestatelife

Producer price index projected to increase 0.4% in January Inflation at the wholesale level rose more than expected in January, the latest sign that painfully high consumer prices could take some time to dissipate. The Labor Department said Thursday that its producer price index, which measures inflation at the wholesale level before it reaches consumers,

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