Finance of America posts a profit, beats funded volume estimates in Q1 2025
In beating its estimates for funded loan volume — and by posting a profit — in the first quarter of 2025, reverse mortgage lender Finance of America (FOA) saw its volume improve by nearly one-third compared to numbers from Q4 2024. The company is maintaining a bullish outlook for business in the mon
Is it a good time to sell a house? ‘No’ is increasingly the answer
President Donald Trump’s trade war has turned perceptions of the U.S. economy upside down, and data is beginning to trickle in on how tariffs might impact consumer behavior in the housing market.The latest numbers come from Fannie Mae‘s Home Purchase Sentiment Index, which measures consumer attitude
The Fed is preparing for rate cuts, but waiting on job losses
During Wednesday’s FOMC press conference, Jerome Powell discussed how the economy was performing well before the trade war began and acknowledged that the tariffs were much larger than anticipated. As a result, the Fed has increased its projections for the risk of higher unemployment and inflation.
Coach Manny Caballero
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