The Power of Kindness, Inflation, & COVID 5.0

The Power of Kindness, Inflation, & COVID 5.0

 

Motivation, Market, & You

Don’t forget the power of a kind word or merely a touch – client after client expresses how much they appreciate each of those.  

Executing on the purchase – assumed & expected.  Most of what we do today is “couseling” & dealing with people’s emotions.  

 

Past Week:

Fed met & Bond tapering this month/Prime 

now MID-next

INFLATION – as example autos up 26% in 1 year/should be further exacerbated as just committed to print another $1.2T.  25% of US now started to cut back stand of living as a result.

Record EVER 4.4 million quit in November

And not surprising Consumer sentiment dropped to lowest level in 10 years

 

This week:

Housing, housing, housing

 

Alert/Alarm:

Spiking cases of COVID in US.  Matching huge upsurge in Europe & hitting Eastern Europe

 

Short term – Cautiously floating, but not sure at floor

Mid term – Higher if normal metrics / Lower depending on handling of COVID 5th strain

Long term – Much higher

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* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.