China Trade Deal Pumped Up Stocks, But Stoked More Housing Anxiety

Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about if we avoided a recession with the new trade deals. Big news over the weekend, China and the US agreed on a lower trade deal. 

Today's article is from Housing Wire "What happens to mortgage rates with more trade deals?" suggesting if this trade deal happens we are likely to avoid a recession. But for us in the mortgage world, that usually means we have elevated rates. We know the Feds two mandates are: maximize employment, and keep the economy humming along with minimal inflation. With these goals in mind, we don't predict any dip in rates until at least September.

Listen in as we discuss this and 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.