In today’s podcast, in honor of the Fed’s meeting this week, I discuss why hasn’t the cooling down in the growth rate of inflation brought down mortgage rates in the 2nd half of 2023. For me, it’s always about the labor market and jobless claims data. One thing that has done better than anyone’s expectations this year has been the U.S. economy, even if people don’t want to admit it or keep on talking about the lag in the data since January of 2022, as some people have been doing.
https://www.housingwire.com/podcast/logan-mohtashami-why-hasnt-lower-inflation-brought-down-mortgage-rates/
For those who prefer a YouTube channel, HousingWire has its YouTube channel, and both podcasts each week will be on there now.
https://www.youtube.com/watch?v=uHuExM4REns&t=460s
Every weekend for HousingWire, we bring out the weekly HousingWire Tracker report, where I take a deep dive into the current and forward-looking housing data lines so you can be up to date with the data lines that matter in housing. If you would like to join HW Plus to have access to the tracker, please use my LoganVIP20 code.
https://www.housingwire.com/articles/the-upside-of-8-mortgage-rates-more-inventory/
“Keep your face always toward the sunshine and shadows will fall behind you” Walt Whitman
Logan Mohtashami is a Lead Analyst for Housing Wire, a financial writer, and a blogger covering the U.S. economy with a specialization in the housing market. Logan Mohtashami, now retired, spends his days and nights looking at charts and nothing else.