ECB Signals Rate hike. US Fed holding for now. TGIF

The ongoing conflict, and the resulting spike in oil prices, is fueling inflation fears and could have broader consequences beyond just the gas pump. With prices up roughly $0.90 over the past month, higher energy costs are likely to bleed into the broader economy, driving up the cost of goods and services across the board.

European Central Bank – ECB and Bank of England indicated they are ready to hike rates. The Feds are less anxious and may drop rates later this year.

On the labor market, zero job growth can be considered roughly breakeven, meaning it may not push the unemployment rate higher. That said, it all hinges on the upcoming March jobs report.

I’ll keep you posted as the data comes in.

I’m advising my purchasing clients to stay active, continue looking and submitting offers. While there’s understandable hesitation around higher interest rates, that same uncertainty is creating opportunity. Less competition, more negotiating power, and better positioning for those willing to step in while others sit on the sidelines.

Let’s get you pre-qualified http://www.YourApplicationOnline.com


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