"Ron has amazing insight into the financial and real estate markets."
doug waldman
Welcome to a simple breakdown of the current housing mortgage landscape:
- Mortgage rates have been steady for over a month and are expected to remain so until new job data is released on July 7th.
- The Federal Reserve (Fed) might increase interest rates next month, but this could change if job market conditions weaken or inflation improves.
- President Biden believes the U.S. might avoid a recession, reflecting the current strength of the economy and job market.
- If you're closing on a home loan soon, it might be a good idea to lock in your rate now, as rates aren't expected to improve significantly in the near future.
For a more detailed understanding, please [visit the full report](#). It's written in easy-to-understand language, perfect for those new to home finance.
- Mortgage rates have been steady for over a month and are expected to remain so until new job data is released on July 7th.
- The Federal Reserve (Fed) might increase interest rates next month, but this could change if job market conditions weaken or inflation improves.
- President Biden believes the U.S. might avoid a recession, reflecting the current strength of the economy and job market.
- If you're closing on a home loan soon, it might be a good idea to lock in your rate now, as rates aren't expected to improve significantly in the near future.
For a more detailed understanding, please [visit the full report](#). It's written in easy-to-understand language, perfect for those new to home finance.