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A Managing Directorfrom the carnegie council. Thanks forjoining us. What you make of those comments from the Federal Reserve governor . What do you. It is from the Federal Reserve governor . What do vow what do you. It is a reasonable statement what do you. It is a reasonable statement. Based what do you. It is a reasonable statement. Based on what do you. It is a reasonable statement. Based on economic i statement. Based on economic projections, it turns out that it is always surprising, so the rush to cut rates is probably not as necessary and it may actually derail the progress we have made towards inflation and the secret here is that the Balance Sheet for the fed is likely to take a huge part in how rates behave in the second half of the year. Even thou ....
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While we await the release of the changes in the official conforming loan limits later today (many lenders and MI companies went to $750k in October, the CLL will probably increase around 6 percent for 2024 to around $770,000, and to $1,155,000 for high cost areas), both vendors and lenders continue with changes, instituting workweek reductions, furloughs, pay cuts, and layoffs due to overcapacity… Much different than a couple years ago when those same companies couldn’t hire people fast enough. Things rarely stay the same forever, whether it is in mortgage banking, shipping, or population. For example, there’s this: “Amazon Takes the Delivery Throne From UPS and FedEx.” Is Texas losing population? No, but here’s yet another example of a sensationalist headline that would make you think so: “People are leaving Texas over rising costs, partisan politics, and a sense of disenchantment.” Paging down a bit shows, “Over 494,000 ....