Ep. 256 - Fed Finally Admits Mistake: What It Means for Homeowners

Like and subscribe to the What’s Your 1 More Podcast hosted by Quinton Harris! What happens when the Fed finally admits its restrictive stance has gone too far, and what does that mean for homeowners, mortgage rates, and the housing market? In this episode, Quinton Harris breaks down Jerome Powell’s latest remarks at Jackson Hole, the growing debate over rate cuts, and how policies are impacting jobs, construction, and future homebuyers. You’ll also hear about political pressure on the Fed, the controversy around “too many cooks in the kitchen,” and why real estate professionals should be paying close attention. As Quinton says: “All we’re looking for as an economy is stability. Once we get that, everything else can build on it.” Special thanks to our show sponsor, Texana Bank! We’re proud to partner with a bank that’s not just about transactions, but about creating opportunities for professionals. From innovative programs like REMLO to nationwide lending solutions, Texana Bank is helping reshape the future of real estate and mortgage careers. 👉 Check them out at https://mortgage.texanabank.com — and see what makes them different. 👉 Check out REMLO at https://mortgage.texanabank.com/remloprogram/ for more information and to sign up now! Connect with us: YouTube: https://www.youtube.com/@whatsyour1more Apple: https://podcasts.apple.com/us/podcast/whats-your-1-more/id1647180355 Facebook: /whatsyour1more Twitter: /whatsyour1more Instagram: /whatsyour1more Spotify: https://open.spotify.com/show/37zPGizSKOGid1NVnm92i5 If you enjoyed this episode, please like, subscribe, and share your thoughts in the comments—your feedback and engagement mean the world to us and help shape future episodes of What’s Your 1 More! Thank you for being part of our community!   0:00 Intro 0:25 Powell admits instability 2:00 Trump’s stance & market reaction 4:25 Too many cooks / Lisa Cook case 6:00 Fed insider trading vs. mortgage fraud 8:05 Powell stepping down 9:00 Sponsor: REMLO 10:55 Weak labor market & unemployment 12:45 Rate cut debate & Fed outlook 13:20 Mortgage impact & closing