PRMG, San Diego, CA Videos

This is a historic time. Rates are changing, and home sellers may be hesitant to list their homes even in a purchase season. KP weighs in with his thoughts on today's episode of KP Talks Dollars and Sense. #lesslisting #peoplestoppedlisting # #KPTalks #mortgage #mortgages #fed #liquidity #securitization #fha #fhfa #federalreserve #forbearance #prmg #prmglegacy #kp #dadbod #fatherfigure

This week's economic commentary from PRMG's Chief Lending Officer Kevin Peranio: Reduced government spending can create what's called 'fiscal drag'. Because government spending is about 20% of GDP, this shift can affect many economic indicators. #Governmentspending #GDP #KPTalks #mortgage #mortgages #liquidity #securitization #prmg #prmglegacy #kp #dadbod #fatherfigure

There are fewer jobs being opened, and a lot of them are still in the services sector. #jobsreport #parttimejobs #jobsdata #laborforce #wagegrowth #KPTalks #mortgage #mortgages #fed #liquidity #securitization #fha #fhfa #federalreserve #prmg #prmglegacy #kp #dadbod #fatherfigure

Are you over 62 years old and want to access the equity in your home? PRMG's got you covered with our HECM program. Contact us to learn more! https://www.prmg.net/hecm-home/ #retirement #financialplanning #mortgage #homeloan #fha #mortgagebroker #HECM #realtor #mortgages #fhaloan #mortgagelender

The US jobless rate is down to 3.5%, which is a 52 year low! Things to note: Part-time jobs could be double counted if there are multiple part-time jobs, and there are approximately 300,000+ part-time jobs (according to Dan and Barry at MBS Highway). #jobsreport #parttimejobs #jobsdata #laborforce #wagegrowth #KPTalks #mortgage #mortgages #fed #liquidity #securitization #fha #fhfa #federalreserve #forbearance #prmg #prmglegacy #kp #dadbod #fatherfigure

Large swings in the GDP? Economists say these changes are due to COVID consumer spending patterns that have since reversed. This indicates that there is currently a weakened economy, and not that we are in a recession. #KPTalks #GDP #Q2GDP #recession #weakenedeconomy #consumerspending #mortgage #mortgages #fed #liquidity #securitization #fha #fhfa #federalreserve #prmg #prmglegacy #kp #dadbod #fatherfigure

70% of GDP is consumer demand. 75% of that consumer demand is spent on services. Are we seeing cracks in consumer balance sheets? #KPTalks #GDP #consumerdemand #consumerspending #services #mortgage #mortgages #fed #liquidity #securitization #fha #fhfa #federalreserve #forbearance #prmg #prmglegacy #kp #dadbod #fatherfigure

How do wages relate to inflation? Kevin Peranio weighs in on the inflation, the job economy, and what this means for rates. #KPTalks #inflation #stickyinflation #wagepriceinflation #wagepricespiral #ratehike #federalfundsrate #mortgage #mortgages #fed #liquidity #securitization #fha #fhfa #federalreserve #prmg #prmglegacy #kp #dadbod #fatherfigur

How do wages relate to inflation? Kevin Peranio weighs in on the inflation, the job economy, and what this means for rates. #KPTalks #inflation #stickyinflation #wagepriceinflation #wagepricespiral #ratehike #federalfundsrate #mortgage #mortgages #fed #liquidity #securitization #fha #fhfa #federalreserve #prmg #prmglegacy #kp #dadbod #fatherfigure

The Fed has two tools right now, raising the Fed funds rate, which makes credit more expensive. Credit is about $50 trillion around the world versus cash is only about $3 or $4 trillion. Credit is what makes the world go round. #raisingFedfundsrate #credit #tightlabormarket #KPTalks #mortgage #notaxationwithoutrepresentation #mortgages #fed #liquidity #securitization #fha #fhfa #federalreserve #forbearance #prmg #prmglegacy #kp #father

We've seen data saying existing home sales are down. Homes that are completed new construction have a 0.8 month supply. So it's still flying off the shelves. We're seeing some of the sellers and listing agents change their strategy and wait for the numbers to come down to see a little bit more reasonable and good prices. #homesales #housing #housingsupply #housingsalesaredown #KPTalks #mortgage #notaxationwithoutrepresentation #mortgages #fed #liquidity #securitization #fha #fhfa #federalreserve #forbearance #prmg #prmglegacy #kp #dadbod #fatherfigure

Interest rates for mortgages have gone up. Home price sales have gone down. The Fed cannot control food and energy, which is 20% of all of our inflation. #inflation #marketssoldoff #invisibletax #homepricesales #interestratesareup #KPTalks #mortgage #notaxationwithoutrepresentation #mortgages #fed #liquidity #securitization #fha #fhfa #federalreserve #forbearance #prmg #prmglegacy #kp #dadbod #fatherfigure

We are officially in a bear market. The S&P 500 is in a bear market. The NASDAQ has been in a bear market. Will housing slow down as a result of it? We're going to keep reading these data points, especially the existing home sales data that will come out. #news #job #gdp #employment #unemployment #money #jobs #economy #USA #money #investment #investing #finance #stockmarket #economics

PRMG acknowledges all of the valued members of the Armed Forces, and thanks them for their service! 🇺🇸 How does PRMG serve those who are actively serving as well as our Veterans? We are proud to offer a full suite of VA lending products, for those who are looking to buy a home or refinance their current loan. Let PRMG give back to those who have served. Contact our team to learn more.