FED raises rates 75bps but sees progress on Inflation fight

Could the worst of this be behind us? Its looking more and more likely that's the case. Anything can happen in the markets so always be prepared, but it appears I was right once again. Worst of inflation is behind us, FED raises 75bps and will start to back off from there. They'll let the higher FED rates soak in the market like a dirty dish in the sink. See how much more tightening (if any) is needed. This should send stocks higher. We'll see what happens with bonds as a result! Hope this helps. Links below! :)

GET A FREE LOAN QUOTE - FAST! All I need is the following:
- Loan amount
- Home Value (purchase price)
- Approx credit score
- Condo/Detached
- State property is in

NEED A REALTOR IN San Diego? I know some of the absolutely best and happy to refer you to someone that works specifically in the area important to you.

Derrick Evens, Home Loan Specialist, NMLS 155010
Derrick@DerrickEvens.com
619.952.2046

#inflation #FED #sandiegorealestate #realestate #mortgage #valoan #realestateinvesting #mortgagerates #realestatecrash

LINKS:
https://www.cnbc.com/2022/07/26/stock-futures-tick-up-ahead-of-key-fed-decision.html
https://www.cnbc.com/2022/07/27/fed-decision-july-2022-.html
https://www.cnbc.com/2022/07/27/pending-home-sales-fell-20percent-in-june-versus-a-year-earlier-as-mortgage-rates-soared.html
https://www.wsj.com/articles/blackstone-puts-finishing-touches-on-record-real-estate-vehicle-11658349652
https://www.cnbc.com/2022/07/27/the-mega-millions-jackpot-is-now-1point02-billion-heres-the-tax-bill.html