KP Talks Dollars and Sense

Non-banks dominate Ginnie Mae! That's right, according to the latest Mortgage Bankers Association's (MBA) Chart of the Week, independent lenders like us are leading the way in government-backed lending! Ginnie Mae deals with government loans like FHA, VA, and USDA, and we're here for the underserved, tackling the tough credit situations. Ever wondered where money flows when stocks h...

The world's markets are on FIRE! S&P hits an all-time high while China's markets are facing a 15% to 16% dip. Bears are growling, and cautious minds are whispering, but if you're not backing the top 6 or 7 businesses worldwide – Apple, Google, Meta – what's your strategy? 🧐 They're not flawless, but the cash keeps flowing! The question is: Are you stuck on the sidelin...

Ever wondered about the link between a softening economy and mortgage rates? The 2-year Treasury is making moves, signaling potential shifts in mortgage rates. Increased demand for Treasuries and mortgage-backed securities can also contribute to lower rates. The Bank of Japan is considering a rate hike after 16 years!   If Japan raises rates, US assets hit the sell button. Stocks and bonds take th...

Is March really off the table for the Fed's rate cut? CPI report caused a stir with a 0.4% inflation spike, leaving everyone anxious about March. Unravel the mystery behind the false narrative and where the truth lies. What's the deal with the trade deficit? Signs of a softening economy? The Fed fund futures contract might be misleading. Where will inflation trends and housing prices lan...

Jobs report shocker: Big number, bigger problems? 683k quietly vanished, labor force shrank, and full-time jobs melted like ice. 676,000 people magically disappear from the workforce, impacting the unemployment rate at 3.7%. Unemployment at 6% for high school grad. The soft landing is history, and things are heating up for the Fed. Wage inflation's on the rise, but here's the twist – les...

What's next for the economy? Deflation is knocking on our doors, and we can't ignore it.  China and Germany are deflating, and guess what? We're importing it. Slow growth and job losses might be next. The Fed is cutting rates, but will it be enough? Boomers got that equity cushion, but young bucks might feel the pinch. Is it unfair? Tune in, ask questions, and let's navigate th...

Supply issues are heating up, and rates are dropping, creating a surge in demand. Remember the 5 million borrowers priced out at 8% rates? They're back in action now. According to NAR data, existing home sales unexpectedly soared by 0.8% last month. Don't miss out – seize the opportunity. Keep your eyes on the 10-year treasury—our mortgage rate compass. As it drops, bonds soar, and the s...

Fasten your seatbelts for a financial rollercoaster. Wondering about rates? Keep it simple - 525 to 550 on the FED funds rate is the anchor. It's like a traffic light, slowing things down. Small business, cars, homes – all in the mix. We're in a slowdown since the rate hikes, and they're not going higher anytime soon. Brace for the deflation wave. China's shrinking inflation is...

The MBA just revealed a staggering 23% growth, crossing the $2 trillion mark next year. If you're not hitting that 20% mark, it's time to rethink your game. I've been forecasting for over two decades, and this is a game-changer. Numbers don't lie. Dive into the numbers and elevate your game. Ever wondered why mortgage rates don't always follow the Fed's lead? The 10-y...

Exciting news. Rates are dropping, and next year is shaping up to be fantastic. Now's the time to invest in tech and invest in your company. If you're in California, there's a golden opportunity to influence how things operate. Be a voice, have a seat at the table – it's not too late! Politics? Forget about it! Your voice matters, and Suzy Milazzo's crew is flipping the sc...

Job alert! Only 573,000 seasonal spots this year – lowest since 2013. Job seekers surged by 33% on Indeed, but employers demand 8.2% less. We need to bridge the gap. Is the American dream on life support? According to a Wall Street Journal poll, 36% say it's still kickin'! Home sales are making a comeback, and 61% of Latinos believe in the dream! We're shifting from "inflation...

Bank of America's latest move is making waves. BofA is silently revealing some eye-popping unrealized losses in their latest earnings report! No need to panic, though! Bank of America's got cash to spare. 💰 FHA's annual report just dropped, and guess what? Still rockin' those solid funds even after slashing monthly MIP! No sign of defaults or losses. Listen and be informed abo...

Feeling the recession blues? 💸 Labor's soft, debts are high, but guess what? We're not in a job loss crisis! Unemployment is holding at 3.8%, not fabulous, but not a disaster. 🚨 Turn recession into victory! In the recession storm, housing is the silver lining. 🏠 Rates dropping means it's prime time for refinancing and scoring your dream home. Brace yourself for the soft landing –...

Unlock your dream home hassle-free! 🏡 No more DIY house hunting. For first-time homebuyers, a buyer's agent is your secret weapon. They bring value, knowledge, and make the complex process a breeze. Money's slowing down, folks. This year, the money supply took a nosedive, and even though we got a little boost in March, the overall trend is heading south. But here's the twist – comm...

Big News! Treasury Secretary Janet Yellen just revealed the government's plan to sell. Last quarter, it was a trillion, this quarter, we expected $830 billion, but surprise! It's only $770 billion. What are the secrets behind the numbers and their impact on the economy? There's a seismic shift in global trade! Egypt, Ethiopia, Argentina, and UAE have joined forces with BRICS Pay, by...

New home sales are at an all-time high! With an annualized rate of 759,000. This robust pace hasn't been seen since the pre-2008 era. 🔥 Despite higher interest rates, buyers are flocking to new construction, compensating for the sluggish pace of existing home sales. The housing industry is facing challenges, but we're still in the game. 🏠 Did you know the Fed has not just one, but thre...

Wondering about the Fed and its interest rates control magic? The Fed's in no hurry to shake things up, and the next time they spill the beans on their plans will be at the December meeting. Why the wait? It's all about giving higher interest rates some time to work their magic. The Fed's got a few tricks up their sleeves, and the plot thickens. The stock market's on fire, but...

Inflation is on the rise, hitting 33% higher than expected by the market. In times of tightening money and a decrease in the Fed's treasury purchases, we witness higher interest rates. About 10,000 baby boomers retire daily! They're sitting on a pile of cash, like $75 trillion! 🤑 Around $19 trillion is in property, and another $8.9 trillion is in money markets, stocks, and funds. They m...

The Fed's got a double mission: jobs and stable prices! 🏦 Lately, they've been laser-focused on inflation, but let's not forget about the strong job market. The Fed paused rates two weeks ago, but they're still keeping us updated. The next Fed meeting is on November 1st, and the odds are 74.3% they'll pause again, according to the CME Tool! Ever wondered why Supercore is...

Fed's Dot Plot Decoded! What's Really Behind the Projections? Every other Federal Reserve meeting, they unveil the intriguing "dot plot." It's like their roadmap to the future! 🗺️ But here's the catch: it's not always spot on. 🚫 The Fed has had its fair share of misses. They were late to start raising rates, and they might be late to hit the brakes too. 🚗 But r...

Two back-to-back meetings, no rate hike? 🤔 Does that mean we're in the clear? But hold on tight! If they pause tomorrow, all eyes are on November 1st. The big question: Where will the terminal rate settle? The US government owns a whopping 1% of all the world's Bitcoins. 💰 They've been on a cryptocurrency rollercoaster, seizing assets like FTX, totaling a jaw-dropping $3.4 billion...

Did you know The Mortgage Collaborative has its own tech fund? They're all about investing in cutting-edge technology to supercharge mortgage lenders! 💰 Teaming up with independent mortgage bankers and paving the way for innovation. Funding our government is crucial. If there's a government shutdown, it might slightly affect our business. 🏛️ Especially the National Flood Insurance Fund....

💱 This dollar surge is causing a challenge for global markets because it's the king of currencies as the world reserve currency. Let's take China as an example – they're facing a tough time due to a recession, needing to sell dollars to support their government. 💸 But here's the twist: if they deal in dollars, they might have to trade weaker assets to get those greenbacks. Th...

CHIPS Act is the biggest deal since WWII! OpEx is skyrocketing – companies are pouring a whopping $900 billion into their game! 🌐 By the end of this decade, Intel's cooking up a plan to dish out chips packed with a trillion transistors each! Existing homes usually make up a whopping 90-93% of all sales! 😮 But wait, there's more! 📊 The scoop is that new home sales are on the rise, with...

Surprising News: No Recession Ahead! ❌ The feared job loss recession isn't happening! 📈💼 The majority thought we'd be in a downturn, but the Fed's saying otherwise. They're all about avoiding that dreaded "R" word. The Fed is watching the data, but they're pretty sure there's no recession coming. So, the economy is strong and growing. That means the inter...