With the Fed’s rate hike pause on June 14th, questions remain about what will happen next and if mortgage rates will ever return to the “good old days” of 3%, 30-year fixed mortgage rates. Below, Marty Green opines on mortgage rate expectations over ... Read More
Marty Green Reacts to 10th Consecutive Fed Interest Rate Hike
The Federal Reserve raised interest rates by another 25 basis points at its May meeting, marking the 10th consecutive rate hike in the central bank’s campaign to curb inflation. While Federal Reserve Chairman Jerome Powell indicated that a pause may ... Read More
Marty Green Responds to Fed’s Latest Rate Hike
The Federal Reserve raised interest rates by another 25 basis points at its meeting this week, a move that Marty Green says will continue to drive the US economy into recession. Though not completely unexpected, many industry experts – including ... Read More
Marty Green Comments on Collapse of Silicon Valley Bank and Signature Bank Ahead of March FOMC Meeting
Following the collapses of Silicon Valley Bank and Signature Bank and the resulting market uncertainty, our Marty Green spoke with several media outlets about the impact of these events on the mortgage industry and what can be expected from the March ... Read More
Marty Green Responds to Chairman Powell’s Senate Banking Committee Testimony in Media Commentary
In comments to several publications this week, our Marty Green agreed with Federal Reserve Chairman Jerome Powell’s Senate Banking Committee testimony, suggesting interest rates may rise again if inflation data continues to run hotter than ... Read More
Marty Green Quoted in Mortgage Professional America on How Latest Jobs Report May Affect the Fed’s Next Move in March
The 30-year mortgage rate increased three basis points following the Central Bank’s interest rates hike and a strong January jobs report. Marty Green explained to Mortgage Professional America that the latest job report may prompt the Federal Reserve ... Read More