A turning point for the mortgage industry: industry efforts to build trust with the next generation

In 2020, I began to track a steady decline in consumer confidence in the mortgage industry. Five years later, that decline has reached a clear low point. Only 20 percent of millennials and Generation Z say they trust mortgage professionals to help them make informed decisions. The knowledge gap remains significant, but in an age […]

The chairman of the Kansas City Fed supports a cautious interest rate policy

“Restrictions lead to difficult decisions about how to balance competing objectives, and the Fed is charged with these difficult decisions when it comes to inflation and employment,” he said. “To offset this limitation, I believe the Fed must maintain its credibility on inflation.” He said inflation expectations remain stable, but warned this could change quickly […]