Market Update by M&M Mortgage

Decreasing Inflation and Its Impact on Rates The decreasing rate of inflation is a beacon of hope for America. When inflation declines, it tends to lead to a decrease in interest rates. This is primarily because the purchasing power of the dollar increases, prompting the Federal Reserve and other financial institutions to lower rates. For…

Democratic lawmakers in both chambers of Congress introduced a groundbreaking bill on Tuesday aimed at curbing hedge funds’ dominance in the U.S. single-family home market. The proposed legislation, known as the End Hedge Fund Control of American Homes Act of 2023, seeks to prohibit hedge funds from acquiring and owning single-family homes. Under the provisions…