CPI day...things are REALLY starting to ROCK

A DOSE OF WISDOM

"Opportunities are like sunrises. If you wait too long, you miss them." — William Arthur Ward

THE FIRST HIT

It's CPI day!!!

It IS CPI day and at the moment, futures are up pretty convincingly.

There is SO much going on in the markets......I have COMPLETELY lost track of what tariffs have been threatened, implemented, suspended, revoked, paused....it's exhausting. Add market data to that, geopolitical tensions and the fact that we are RAPIDLY closing in on the end of THE MOST EXCITING SEASON FINALE IN "THE BACHELOR" HISTORY....and everything seems a bit combustible at the moment. I also think next week's first triple witching OPEX plays in to this quite a bit. There is a LOT of shucking and jiving going on, especially after the recent drawdown, CPI today, FOMC on Wednesday followed by that massive OPEX on Friday.

Remember......tomorrow we get PPI.

It SURE looks like a massive buying opportunity here in equities and rates are ABSOLUTELY trending downwards. SO.........

HAVE A GREAT DAY!!!!!!

Stock futures rise as key consumer inflation report looms: Live updates

Could homebuyers find bargains this spring?

Weekly mortgage demand surges 11% higher, as interest rates dropped for the sixth straight week

• The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, decreased last week to 6.67% from 6.73%.
• Applications to refinance a home loan, which are most influenced by weekly rate changes, increased 16% from the previous week and were 90% higher than the same week one year ago.
• Applications for a mortgage to purchase a home increased 7% for the week and were 4% higher than the same week one year ago.

Mortgage Tech Insights with Adam Carmel - Founder and CEO of Polly

See you at TMBA's Annual Convention!!! Join us there!!!

And NEXT WEEK, we'll be at The Mortgage Collabrative's "Live Large and Think Big" conference!!

Click n' Close SmartBuy Program - If you have not added this arrow to your quiver, you are not fully armed to attack the market. No income restrictions - No First-time Homebuyer restrictions, available NATIONWIDE (sorry NY), forgivable, non-forgivable and shared appreciate mortgage (SAM) options... and you can buy down the rate!!! Instead of adding a slew of different state DPA's add ONE!!!! One that can expand your customer base, help your customers tackle affordability issues AND increase your bottom line!!!

CONTROLLED MARKET SUBSTANCE

10 Year Yield - Hard to say where we go this morning as we sit and wait to see what the CPI read looks like. Rates have come down hard though and you are starting to see articles in the press about the lower rates and the summer buying season. If rates stay low, and we get past this market hiccup, we could see FOMO REALLY kick in.

In the weeks ahead......employment and unemployment and how people FEEL about what is going on will be key.