| Hi Kens,
So what did the Fed Say this week? And it was only a few short years ago when the "What did the fox say" tune hit well over 500 million you tube views in just a few short weeks. Who sang that song?
When the Fed Speaks, people listen... This month, the Fed was actually sort of quiet. Inflation is running below the annualized 2% goal, so no current need to raise short term interest rates, but we may in the future. And, we will be clearing our balance sheet in the future and we'll let you know more about that, in the future. All good news... mortgage rates get bumpy for 1-2 days and now settle back and flow with the market on a day to day basis.
On another note, we hear this all the time... I just had my credit pulled, I don't want my scores to go down with another inquiry. Did you know this really doesn't happen, if the other pull was from a mortgage company and was recent? The credit agencies want consumers to be able to shop for credit... when they buy cars, credit cards and mortgages. Listen in to get some more info or read my short blog post here. And yes, you are welcome to share my video and/or blog post with your clients. Click here to read more... Credit inquires and scores. To Your Success, Ken and the Crew at FAIRWAY |
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