Trojan Home Loans - Los Angeles

09/27/2022

http://www.newsletterproonline.com/newsletter/originationpro/?newsletter=true&nid=1715&uid=15029

Well, the Federal Reserve raised short-term rates by 0.75%. This was not a surprise, as predictions for a 0.75% increase had been circulating for more than a month. And there were so many speeches and statements by Fed members delivering tough talk about how they were going to stay the course agains...

09/06/2022

http://www.newsletterproonline.com/newsletter/originationpro/?newsletter=true&nid=1708&uid=15029

We certainly hope that the holiday weekend was relaxing and enjoyed by all. As we pointed out last week, the early release of the August employment data made this past weekend a Labor Day event in more ways than one. While many of us relaxed and enjoyed the last “unofficial” weekend of summer, m...

08/30/2022

http://www.newsletterproonline.com/newsletter/originationpro/?newsletter=true&nid=1706&uid=15029

Last week we pondered the employment situation. This week we get an early look at the August jobs picture because the release comes before Labor Day. Thus, this weekend coming up will be referred to as Labor Day weekend for more than one reason. While we are very curious as to whether the strong job...

08/23/2022

http://www.newsletterproonline.com/newsletter/originationpro/?newsletter=true&nid=1704&uid=15029

July was a very important month with regard to the growth of jobs. Not only did the economy add a significant number of jobs – much more than expected – but also, we have now recovered all the jobs lost during the pandemic. The 3.5% unemployment rate is the level we were at before the pandemic h...

06/21/2022

http://www.newsletterproonline.com/newsletter/originationpro/?newsletter=true&nid=1684&uid=15029

05/10/2022

http://www.newsletterproonline.com/newsletter/originationpro/?newsletter=true&nid=1668&uid=15029

The Federal Reserve Board met last week and raised the Federal Funds and Discount Rates by 0.5%. This action was expected and the markets extremely volatile in the last few months in anticipation of such a move. After the meeting, the markets resumed their volatility, especially with the jobs repor...

04/27/2022

http://www.newsletterproonline.com/newsletter/originationpro/?newsletter=true&nid=1661&uid=15029

We have had a lot of words bantered about in the past year or so – pandemic, war, inflation, stagflation and more. Now another word is coming up with more frequency – recession. Basically, analysts are predicting that sometime in 2023, the medicine the Federal Reserve is going to apply to the ec...

03/29/2022

http://www.newsletterproonline.com/newsletter/originationpro/?newsletter=true&nid=1648&uid=15029

Since we constantly remind our readers that it is impossible to predict the future, we wonder who predicted that the listing shortage would become even more severe in 2022? Most of us were looking for an easing of the listing shortage as the new year arrived. But here we are with one-quarter of the....

03/22/2022

http://www.newsletterproonline.com/newsletter/originationpro/?newsletter=true&nid=1646&uid=15029

The Federal Reserve’s Open Market Committee met last week and raised their base interest rates by one-quarter of one percent. As mentioned previously, the betting line just a few weeks ago was for an increase of one-half of one percent.  This smaller measure is being attributed to the Fed being m...

12/13/2021

http://www.newsletterproonline.com/newsletter/originationpro/?newsletter=true&nid=1612&uid=15029

During our economic commentaries over the past three decades, we have been consistent in one area of advice – you can never predict the future. Thus, though you will see many predictions by eminent market analysts in our newsletters, we must constantly remind ourselves of this unshakeable maxim. T...

11/01/2021

http://www.newsletterproonline.com/newsletter/originationpro/?newsletter=true&nid=1597&uid=15029

The Federal Reserve’s Open Market Committee is meeting this week and the decision on whether to taper their purchases of bonds and mortgages will be front and center. The minutes of the Fed’s last meeting had indicated the tapering might start in November or December. While this is a major topic...

09/20/2021

http://www.newsletterproonline.com/newsletter/originationpro/?newsletter=true&nid=1576&uid=15029

The law of supply and demand is a bastion of capitalism. During the pandemic, we have never before seen this law so vividly in action. Take the price of oil. Before the pandemic, the price of oil was over $60 per barrel. When the economy halted, demand plummeted and the price fell to just over $10 p...