Will China Stimulus Move U.S. Rates?

Today in Mortgages

Welcome back dreammakers! In this episode of "Today in Mortgages," we talk about the big stimulus package passed in China today. First, we review some of the things that can affect rates as mentioned in CBS News' article "6 things that impact mortgage interest rates (besides the fed)" which includes labor, and global economic trends. Taking a deeper look at global markets, The Washington Post breaks down China's stimulus package: "China moves to boost ailing economy with property, stimulus measures." China is struggling with deflationary demand on housing. They have the opposite issue that we have with not enough demand. We don't think this news should effect our market too much, we are living in a volatile time period right now, and it's best to track labor to define the near interest rates. Listen in as we discuss this & more!
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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297.
The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation.
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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042.
The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.