In the ever-evolving mortgage industry, private lenders are keenly attuned to the economic indicators that may signal an upcoming recession. While it has been years since the last recession, excluding the impact of the COVID-19 pandemic, lenders are keeping a close eye on various factors to anticipate potential shifts in the market.
Key elements to monitor include:
– Federal funds rate fluctuations
– Employment rates
– Consumer Price Index (CPI)
– Producer Price Index (PPI)
– Other economic indicators to gauge market trends and potential risks.
By staying informed and proactive in analyzing these indicators, private lenders can better position themselves for any potential economic downturns and make informed decisions to navigate through challenging times in the mortgage industry.
You can read this full article at: https://geracilawfirm.com/recession-woes-why-private-lenders-shouldnt-stress/(subscription required)
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