Morning Roundup (3/5/25) – Trump’s Speech
| Good Morning! Today is Wednesday, March 5. President Donald Trump addressed a joint session of Congress. The number of measles cases in Texas has grown. Powerful thunderstorms and blizzard conditions could hit the Midwest and Great Lakes regions. The Mortgage Note Reports Watch And Learn: Loan originators hoping for a successful year can benefit from the power of networking. Coach Ron Vaimberg has tips to make contacts and win business. No Mention: Trump did not bring up the housing crisis and barely mentioned mortgage rates during his speech on Tuesday night. Editor Kimberley Haas has the story. |
| Quote Of The Day “By slashing all of the fraud, waste, and theft we can find, we will defeat inflation, bring down mortgage rates, lower car payments and grocery prices, protect our seniors, and put more money in the pockets of American families.” President Donald Trump during a speech to a joint session of Congress |
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In other mortgage and housing news… Fed Predictions: It looks like the FOMC will hold rates steady at their meeting this month as futures traders expect a cut in June. Rising Expectations: Lumber futures rose to their highest in more than two and a half years after Trump asked for an investigation into the national security harm posed by imports. Company News: Shant Banosian has been named President of Rate Mortgage; Floify announced a no-code feature that lets lenders tailor loan applications based on loan type. Gentrification’s Color: A recent article in the Washington Post revealed that gentrifying neighborhoods nationwide are being repainted in various shades of gray. When To Sell: The best time to list a home this spring may depend upon the market. |