Are the Feds Still Going to Cut Rates?

May 3, 2024 · 15m 8s
Are the Feds Still Going to Cut Rates?
Description

Welcome to this week's Market Shares episode for a timely Market Update as we wrap up the first month of the second quarter! One burning question on everyone's mind: Will...

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Welcome to this week's Market Shares episode for a timely Market Update as we wrap up the first month of the second quarter!

One burning question on everyone's mind: Will we still see rate cuts this year? In this episode, I delve into key indicators shaping our current economic landscape:
• Surge in mortgage applications
• Impact of oil prices on inflation
• Rental market insights
• Trends in home asking prices

These factors collectively signal a robust economy, leading the Fed to hold off on rate cuts for now. I also discuss the emerging 'no landing scenario,' where experts predict no significant change in the foreseeable future.

For Loan Officers and industry pros, the message is clear: Education is our power tool. In these uncertain times, empowering clients with knowledge is paramount.

Tune in to gain insights and decode these economic nuances for informed decision-making! Don't miss out on this vital episode!
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Author Tony Blodgett
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