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Mortgage Monday I The Stimulus No One’s Talking About I Episode 110
Published 6 months ago
Description
When the Fed announced rates would be dropping 25 BPS last meeting, the announcement dominated headlines. What you may not have heard is there revelation of the new stimulus program-Reserve Management Purchases. RMP, as it’s called, looks a lot like Quantitative Easing. The last time this happened we saw massive inflation in the economy-the likes of which had never been seen. In today's show we cover how much money will be entering the economy, what this is likely to do to home prices, and which markets are prepped to see prices rise (and which fall). Download today!