$2.1 trillion over one decade. … That’s not Aaron Rodgers’ new contract. That’s how much housing wealth middle-income households have gained in that time! This week’s edition includes insight into the new-construction purchase market, a big week in the economic calendar and consumer sentiment toward home prices. Fuel Up! 🚀 Biz Buzz Job openings remain […]
Read moreMarch 14, 2022
NASCAR champion Tony Stewart listed his Indiana mansion for $30M this week. Race on over before someone else crosses the finish line – this property will go fast! This week’s edition includes younger home buyer demographic trends and how you can help buyers young and old save on their purchase loan. Fuel Up! 🚀 Biz […]
Read moreMarch 05, 2022
This week’s edition has record home price growth, record cash-out interest and tips to scale your business. Fuel Up! 🚀 Biz Buzz Home prices post biggest calendar year of growth than in the 34 years of the Case-Shiller national home price index, at 18.8%. FHFA’s report showed similar growth and highlighted Arizona, Utah and Idaho […]
Read moreFebruary 26, 2022
The Rams got the job done last week, enjoyed a nice parade in LA, and now are back to work for the ’22 season. This week’s edition has cash-out, crosswords and purchase-market training. Fuel Up! 🚀 Redfin takes a tailspin down 17%, expecting Q1 losses bigger than 2021 losses. Their iBuying unit made $4 million […]
Read moreFebruary 19, 2022
Matt Stafford and the Rams get a chance at the second ever home-field Super Bowl (after the Bucs did it last year), and Tom Brady gets a chance to take Matt Damon’s mantle as Chief Crypto-Ambassador. Watch out, Elon. This week’s edition has credit card debt, avocados and a formula to lock in 10% […]
Read moreFebruary 12, 2022
What would you do with Ten Trillion Dollars? That’s how much equity is in the U.S. housing market waiting to be tapped. This week has Wordle, the Metaverse and a whole lotta homeowner equity. Fuel Up! 🚀 Biz Buzz The New York Times Buys Wordle – Rocket Fuel Launches Pro Puzzles Stewards of the classic […]
Read moreFebruary 05, 2022
This week’s edition has FBI Awards, Rookie of the Year Awards and HGTV hiccups. Fuel Up! 🚀 Biz Buzz FBI’s Most Wanted – Brokers Gone Bad Friday’s CNBC update on the FBI’s most wanted list featured a husband and wife who’ve been off the grid since 2010. The mortgage broker couple stole over $1 million from their […]
Read moreJanuary 29, 2022
This week’s edition has a VA pricing special, tips to beat rate hikes (or competitors) and playoff football. Fuel Up! 🚀 Caffeinated Trends With Ryan Schoen, Senior Analyst, Rocket Mortgage SM 1. Mortgage Rates Have Come Full Circle With the recent jump, VA 30-year rates are back to where they were prior to the pandemic, with FHA and conventional just below those levels while jumbo rates remain […]
Read moreJanuary 22, 2022
To all the Dogecoin HODL’rs out there – Elon isn’t giving up yet. This week’s edition has inflation, Fed-speak and a battle between 30-year and 15-year mortgagesFuel Up! 🚀 The Market Market Moving Releases Jerome Powell kicks off second term as Fed Chair Consumer Price Index and Producer Price Index Retail Sales and Consumer Sentiment The Big Picture With Bill […]
Read moreJanuary 15, 2022
Gyms were noticeably busier this week – hope to see you all again next week! 💪 This week’s edition has strong housing indicators, state migration patterns and jobs! Fuel Up! 🚀 The Market Figure 1. Market Movers December FOMC Meeting Minutes THE Jobs report Caffeinated Trends – Ryan Schoen This week received further confirmation for strong housing market expectations in 2022. Residential spending increased at […]
Read moreJanuary 08, 2022