Ep. 159 - Buyer Broker Commissions & Mortgage Rates | April Lending Update Pt. 2

In part two of the April lending update, Quinton and Daniel discuss the latest developments in the real estate and mortgage industry. They explore the clarity provided by Fannie and Freddie regarding buyer broker commissions and seller concessions, and unpack the ongoing rate debate. They analyze economic data, job reports, and the Federal Reserve's stance on inflation, providing valuable insights for investors and industry professionals alike. If you’re in the real estate industry or looking to buy or sell your next home, you won’t want to miss this episode.   [00:00 - 03:38] - Introduction [03:39 - 07:12] - Inflation, Rates & Economic Data   [07:13 - 09:23] - Fed's Stance on Inflation [09:24 - 13:19] - CPI vs PCE Debate [13:20 - 16:14] - Jobs Report & Labor Market [16:15 - 18:28] - Full-Time vs Part-Time Jobs [18:29 - 20:26] - Unemployment Claims  [20:27 - 21:56] - Delays in Unemployment Numbers [21:57 - 24:44] - Bond Market & Mortgage Rates [24:45 - 26:01] - 10-Year Treasury Yield & Investors [26:02 - 26:54] - Closing segment   Resources: April Lending Update: https://bit.ly/wy1mlendingupdate Mortgage Cheat Sheet: https://bit.ly/WY1Mcheatsheet   Key Quote: “It doesn't take a fed cut for mortgage rates to come down.” - Quinton Harris _______________________   Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.   Watch the podcast on Spotify for full video episodes, Q&As, and community polls!    Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.   Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.    Please subscribe, share, and leave a review to let us know you want to keep the content coming!