The Federal Reserve raised interest rates by another 25 basis points at its meeting this week, a move that Marty Green says will continue to drive the US economy into recession. Though not completely unexpected, many industry experts – including ... Read More
Marty Green Comments on Collapse of Silicon Valley Bank and Signature Bank Ahead of March FOMC Meeting
Following the collapses of Silicon Valley Bank and Signature Bank and the resulting market uncertainty, our Marty Green spoke with several media outlets about the impact of these events on the mortgage industry and what can be expected from the March ... Read More
Marty Green Responds to Chairman Powell’s Senate Banking Committee Testimony in Media Commentary
In comments to several publications this week, our Marty Green agreed with Federal Reserve Chairman Jerome Powell’s Senate Banking Committee testimony, suggesting interest rates may rise again if inflation data continues to run hotter than ... Read More
Marty Green Featured in Industry Trade Press on Fed’s Historic Rate Hike
Last week, the Federal Reserve announced its largest interest rate hike since 1994 in an effort to slow inflation. Polunsky Beitel Green believes that many market participants will welcome the 75-basis-point rate increase. Although painful in the ... Read More
Marty Green Discusses the Latest Fed Interest Rate Hike with Mortgage Professional America
Federal officials, on Wednesday, approved lifting its benchmark short-term interest rates by a quarter percentage point to a range of 0.25% to 0.5% in an effort to combat inflation that has escalated to a four-decade high. Read full article here. ... Read More
Marty Green Spoke with The Washington Post About the Impact of the Recent Federal Reserve Rate Hike on the Mortgage Industry
The days of record-low mortgage rates are over. Driven up by inflation and global conflict, the 30-year fixed average hit a high not seen since May 2019. Read the full article here. ... Read More