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December 2022 — The entire economic landscape, including mortgage rates, has changed recently, starting with the Fed’s talking points in early December. The honey badger labor market is still going strong, as we got another solid jobs report, which pushed bond yields higher at first. However, the way the day ended showed that change is coming.
As housing market analyst Logan Mohtashami wrote for HousingWire, “We now have a better idea of what the Federal Reserve wants to do with their Fed rate hikes, and we have a lot of data that shows that the economy will look different 12 months from now. This will be important to think about going into 2023, especially if the labor market does what the Federal Reserve wants it to do, which is slow down enough to create a job loss recession.”
JVM Lending trains all its licensed employees to take specific roles in closing loans, plan to diversify into investment properties.