Jerome Powell Does Not Have A Problem With 2 Million More Unemployed

Jerome Powell, Head of the Federal Reserve, does not have a problem with 2 million more unemployed Americans…He is going to continue to push rates higher to “get inflation under control” How would that affect current and future home sales? How will this affect the Orlando Housing Market?

Join Joseph Dionne of Appli Home Loans and I Thursday morning at ten o'clock as we look at the latest economic factors affecting the housing market. Is now the best time to buy before the spring influx of buyers? We will try to answer all these questions and more…or Check Link In Bio

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Joseph Dionne
Managing Partner
Appli Home Loans
www.applihl.com

Brenden Rendo
[email protected]
The Homes In Orlando Team
NextHome Neighborhood Realty
www.HomesInOrlando.ForSale

00:00 Introduction
00:30 Jerome Powell Opens Mouth
00:47 Elizabeth Warren vs Jerome Powell
05:05 10yr T vs 2 yr T
07:38 What happens if unemployment jump?
09:10 Stop being in a hurry! Sit on your hands!
10:25 Market Bets On .5% Rate Hike
13:06 30 Days 1% Increase In Rates
16:20 When Will Rates Rebound? Late 2024?
17:02 Orlando Weekly Housing Numbers
24:18 2/1 Buydown Is Still An Option
25:18 Tighter Loan Underwriting

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Disclosure: Brenden Rendo is a real estate agent. He is NOT an attorney, accountant or financial planner or any other type of licensed professional. Always seek out the appropriate professionals in your area for the advice needed regarding taxes, law, construction and finance. Florida Real Estate Broker Lic# SL3263309.

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