Many of you are probably wondering the same thing – what’s been going on with mortgage rates and where are they headed? With inflation intensifying, the average rate on a 30-year mortgage has jumped from 2.78% in July 2021 to the more recent 5.54% as of July 21, 2022, according to Freddie Mac. To grasp […]
Years ago, the market had adages such as “when the shoeshine boy talks stocks” or “taxi drivers telling you what to buy” to serve as warnings for market tops. Widespread equity interest was certainly one of the themes of the pandemic, but, as we turn to 2022, it feels like retail sentiment has shifted from […]