The dot plot shows where the 17 Fed members expect the Fed Funds rate to be over the next few years and in the longer run. Both Stocks and Bonds are reacting very positively to the Fed statement, where they set the table for a cut in July. Reach out to take advantage!
Black Knight reported this morning that the monthly Payment to Income ratio has dropped to the lowest level in a year. This is helped by lower rates and rising income and speaks to Affordability and the health of the housing market. Reach out to take advantage!