Episode #22 - Understanding Fed Rate Cuts and Trump's Real Estate Agenda

11/08/24 • 7 min

In Episode 22 of The Mortgage Mindset, we break down today’s Federal Open Market Committee decision to cut the Fed funds rate by 0.25% and explain why this adjustment doesn’t directly control mortgage interest rates. Next, we preview a key economic report to watch: October’s CPI data, set to release next Wednesday, and discuss its potential influence on mortgage rates. Finally, we dive into a recent article from The Real Deal covering former President Trump’s return to the White House and his proposed policies that could impact the real estate industry—from SALT deductions to Opportunity Zones. Tune in to get ahead of these market shifts and gain valuable insights for both you and your clients!
Federal Reserve Rate Cut
Mortgage Rates
Trump's Real Estate Agenda

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Episode #21 - Market Trends & Million-Dollar Market Projections

In this episode of The Mortgage Mindset, we bring you the latest market update and delve into intriguing real estate projections. We start by discussing key economic reports released on Thursday, October 31, 2024, including Core PCE (m/m) September, Core PCE Inflation (y/y) September, and Employment Costs for Quarter 3. These data points shed light on current economic conditions and potential implications for the mortgage market.

Following the economic overview, we provide an update on the national average interest rates for residential mortgages, highlighting what these numbers mean for buyers, sellers, and real estate professionals navigating today’s market.

Finally, we explore a fascinating article from the New York Post titled "10 Affordable Cities Poised to Become Million-Dollar Markets in a Decade". This analysis reveals which U.S. cities could see home values reach or exceed the million-dollar mark by 2033, driven by strong buyer demand, limited housing inventory, and strategic positioning. Tune in to understand the potential opportunities and shifts that may reshape the real estate landscape in the coming years.
Personal NMLS# 2024662
Company NMLS# 181106
LinkTree:
https://linktr.ee/trevorotsuka
Company Website:
https://www.barrettfinancial.com/trevor-otsuka
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Trevor Otsuka | NMLS #2024662 | The Mortgage Mindset powered by Barrett Financial Group, LLC | Corp NMLS #181106 | 8485 W Sunset Rd Suite 202, Las V| NV 5091 | Equal Housing Opportunity | This is not a commitment to lend. All loans are subject to credit approval. | By refinancing, finance charges may be higher over the life of the loan | nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/181106
#MortgageMindset #PersonalGrowth #mortgagebroker #realestate #podcast #loanofficer
10 Affordable Cities Poised to Become Million-Dollar Markets in a Decade

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Episode #23: Market Update & Las Vegas’s Bold New NBA-Ready Resort

In this episode of The Mortgage Mindset, we kick off with a quick market update to keep you informed on the latest economic trends impacting the mortgage landscape. Then, we dive into LVXP’s ambitious new proposal for Las Vegas: a towering resort development featuring a luxury hotel-condo complex and an NBA-ready arena, designed to position the city as a top contender for an NBA expansion team. Tune in as we explore how this game-changing project could impact Las Vegas real estate, local development, and its growing sports scene.
Daily Interest Rates
LVXP Unveils Resort Plan
Personal NMLS# 2024662
Company NMLS# 181106
LinkTree
NMLS License Check
Trevor Otsuka | NMLS #2024662 | The Mortgage Mindset powered by Barrett Financial Group, LLC | Corp NMLS #181106 | 8485 W Sunset Rd Suite 202, Las V| NV 5091 | Equal Housing Opportunity | This is not a commitment to lend. All loans are subject to credit approval. | By refinancing, finance charges may be higher over the life of the loan | nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/181106
#MortgageMindset #PersonalGrowth #mortgagebroker #realestate #podcast #loanofficer