Hal Blatt - Harborside Home Loans - NMLS ID 1478327

02/06/2020

09/18/2019

https://www.cnbc.com/2019/09/18/fed-insurance-cut-gets-cold-shoulder-from-markets.html

The Fed cut interest rates by a quarter point, but it also reaffirmed its rate cut was meant to serve as insurance for the economy.

09/18/2019

Fed expected to cut rates and Powell may have hard time appeasing critics

The Fed is expected to cut rates Wednesday, but it is unlikely to tell markets what they want to hear on future rate cuts.

09/13/2019

I get asked this question several times each week. Finally an article that answers it.

Here's how many people tapped their retirement plan to buy a house

What sacrifices are you willing to make to come up with a down payment on your home? For some homeowners, that meant pulling cash from a 401(k) account and selling their prized possessions, according to a survey from Bankrate.com

09/04/2019

Older millennials are driving home prices higher again

They may have waited longer than previous generations, but millennials are showing a strong desire to become homeowners, especially older millennials. That is strengthening demand for the limited supply of homes for sale, and consequently reigniting the fire under home prices.

08/03/2019

07/30/2019

https://www.cnbc.com/2019/07/30/pending-home-sales-beat-expectations-thanks-to-lower-mortgage-rates.html

The recent weakness in the housing market could be turning around, thanks to a steep drop in mortgage interest rates. Consumers signed more contracts to buy existing homes than expected in June.

07/10/2019

The housing market is about to shift in a bad way for buyers

Inventory began to grow in the second half of last year, but supply will soon drop yet again, and could hit a new low.

07/05/2019

https://www.cnbc.com/2019/07/05/jobs-report-june-2019.html

Payroll growth rebounded sharply in June as the U.S. economy added 224,000 jobs and the unemployment rate rose to 3.7%.