$600k can buy a house or a broken guitar … which one are you picking? Fuel Up! 🚀 PCE Inflation On The RiseInflation on consumer items, a.k.a. PCE inflation, came in slightly higher than expected at 4.4% year-over-year. While no single metric rules them all, the Fed tends to place an emphasis on PCE inflation, […]
Read moreMay 30, 2023
Will a deal be reached on the debt ceiling? With the risk of a major recession looming, this Florida professor may have picked the right time to challenge the record for longest time spent living underwater. Fuel Up! 🚀 Fawaz Has BIG News!Join him for a special, short IGNITE Live on Monday at 11:00 a.m. ET. Sign up […]
Read moreMay 22, 2023
Does this house look familiar? That’s right – Meryl Streep’s house from “The Devil Wears Prada” could be yours for the low price of $27.5M! Side note: Who knew Miranda Priestly had her own basketball court? This week’s edition includes a look at April’s inflation numbers and how inflation interacts with key housing metrics. Fuel Up! 🚀 […]
Read moreMay 15, 2023
The Kentucky Derby runs today at Churchill Downs – our favorite horse in the field? Rocket Can! Its 30-1 odds aren’t great, but after Rich Strike won last year’s race with 99-1 odds, we believe (in) Rocket Can! Fuel Up! 🚀 It’s been a jam-packed week of economic headlines and announcements. Here are a few […]
Read moreMay 08, 2023
Chocolatiers have built a replica bust of King Charles out of nearly 3,000 chocolates for the king’s coronation on May 6. What’s the bigger risk, the bust melting or a half-asleep late-night fridge raid? In this edition, new Fannie Mae LLPA myths debunked, NFL draft picks making bank and a busy week for the economic calendar. Fuel […]
Read moreMay 01, 2023
Happy Earth Day! What is the world record for the most trees planted in a 24-hour span? Check your answer here. In this edition: Real wages increase for the first time in 2 years, data defines “middle class,” and a literal example of living under a rock. Fuel Up! 🚀 Stuck In The Middle Finance site SmartAsset […]
Read moreApril 24, 2023
In this edition: IGNITE Live, cheap (but delicious) concessions and what an FHA loan can do to improve your clients’ home buying situation. Fuel Up! 🚀 April’s IGNITE Live Was Packed With Good InformationWatch the replay to check out our new partner portal homepage and get a sneak peek at a game changing tech tool! […]
Read moreApril 10, 2023
Just 37 brackets out of 20 million entries in ESPN’s bracket challenge picked all four regional champions correctly – that’s just 0.000185% of all entries. Were you one of the 37? In this edition, industry metric updates, difficulties facing today’s home buyers and more! Fuel Up! 🚀 Pending Home sales increased by .8% month over month in […]
Read moreApril 03, 2023
AirDNA data showed that just before the NFL championship game in February, just over half of all short-term rentals were booked, down from 80% in previous years. The reason, and also the newest word in the housing industry? The “Airbnbust.” This week’s edition, another Fed rate hike, the highs and lows of great rates, and […]
Read moreMarch 27, 2023
It’s been a week of major headlines – February inflation numbers were released, the federal government stepped in to halt a widespread bank run and the 68-team NCAA basketball tournament tipped off in Dayton, Ohio. Fuel Up! 🚀 FHFA DTI LLPA Updates: DELAYED!Recently, we made loan-level pricing adjustments from the FHFA effective for new locks […]
Read moreMarch 20, 2023