Realtor Mortgage Market Update Alberto Gamez

Hello Folks, I am back from some R & R ! So much to cover…
PCE inflation
Home appreciation
Jobs jobs jobs made rates go up how much today ?
And what in the world is the 2023 population control effect ?

How did Japan help rates improve on Wednesday ?

PPI peaked at 11.7% where is it now ? And Dare I say we may have a soft landing ?

How are builders feeling about things ?

Wow did mortgage applications go up !

1. Did rates go up or down today and why ?
2. What are sellers doing that builders have been doing ?
3. What is going to help bring down inflation and in turn bring down rates.

Highest month over month increase in shelter cost since 1985….no way !
1. Did rates improve on Thursday ?
2. What prevented Core CPI from dropping further ?
3. When do I think rates will could improve next ?

Don’t look now but 2023 is starting out fairly good but why ?

What did rates do last week and what will they do this week.

1. Want to reach 70% of new homebuyers from now until 2042 ?
2. What could improve rates today ?
3. How was the market the last 2 weeks of 2022