The Federal Reserve increased interest rates by a quarter point to a range of 5.25% to 5.5% on July 26th, and hinted at another potential increase before the end of 2023. Following the announcement, Marty Green spoke with reporters about the impact ... Read More
Marty Green Speaks to Trade Media Following June CPI Report
The U.S. Department of Labor’s Consumer Price Index indicated that consumer prices saw their smallest annualized increase in over two years in June. Following the release of the data, Marty Green spoke with reporters to discuss how the most recent ... Read More
Peter Idziak Quoted in CBS News on Future of Mortgage Rates
Peter Idziak spoke with CBS News to discuss the future of mortgage rates and whether they may be approaching their peak. Idziak predicted rates will remain high for some time. “With the Fed expected to raise the federal funds rates at least twice ... Read More
Marty Green Discusses Chairman Powell’s June Congressional Testimony with Mortgage Outlets
Following Federal Reserve Chairman Jerome Powell’s testimony before the House Financial Services Committee on Wednesday, June 21, Marty Green spoke with the mortgage press to discuss whether additional rate hikes may be on the horizon. “Chairman ... 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