This Week’s Market Reflection: Inspired by Styx’s “Mr. Roboto”
This week’s musical inspiration is drawn from the 1983 Styx hit, “Mr. Roboto.” The iconic opening lyric— “Domo arigato, Mr. Roboto,” or “Thank you very much” in Japanese—serves as an ironic backdrop for interpreting recent policy commentary from Federal Reserve Chairman Jerome Powell and his colleagues.
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This Week’s Market Reflection: Inspired by the Bangles “Walk Like An Egyptian”
Over the years, I’ve observed two markedly different approaches to selling real estate—resale properties versus new construction—and it may be time for resale sellers to start “selling like a builder.”
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Don’t Stop Believing: Homeownership May Be Closer Than You Think…
This week’s inspiration comes from Journey’s 1981 anthem Don’t Stop Believin’. For many first-time homebuyers, the song’s title captures both the challenge and the hope of entering today’s housing market.
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The Fed Cut 2025
The Federal Reserve cut its benchmark rate by 0.25% at Wednesday’s meeting, a move fully anticipated by markets.
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Rates Did What?
The Federal Open Market Committee (FOMC) met for its sixth of eight scheduled meetings this year and, as widely expected, reduced the benchmark federal funds rate by a quarter point.
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Good or Simply the Best?
Buying a home is not just about loan approval. It is about positioning yourself to succeed in today’s market and tomorrow’s economy.
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Someone Must Be Listening…
Several weeks ago, I posed a simple question: “Why not?”—specifically, why not extend mortgage terms beyond the traditional 30-year fixed structure that dates back to the 1930s. To my surprise, it appears someone may indeed be listening.
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Is There a Bad Moon Rising?
Over the past several weeks, I’ve shared my view that the U.S. economy is quietly slowing — to the point where more people may begin using the “R” word (recession) in normal conversation.
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Mr. President… You Can’t Have Your Cake and Eat It Too
Recently, the President has expressed frustration that the press has failed to fully appreciate—or even acknowledge—his transformation of the U.S. economy into what he repeatedly describes as the “best ever.” This rhetorical flourish will sound familiar to anyone who has listened for more than five minutes.
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Refinancing: Is It Time? Maybe. But Don’t Get Sold.
Refinancing has once again taken center stage in the mortgage world, with more than 60% of all current mortgage applications now driven by refinance activity. On the surface, that sounds like good news: rates are easing, consumers are acting, and opportunity appears to be in the air.
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