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What happens when the Fed finally admits its restrictive stance has gone too far, and what does that mean for homeowners, mortgage rates, and the housing market? In this episode, Quinton Harris breaks down Jerome Powell’s latest remarks at Jackson Hole, the growing debate over rate cuts, and how policies are impacting jobs, construction, and future homebuyers. You’ll also hear about political pressure on the Fed, the controversy around “too many cooks in the kitchen,” and why real estate professionals should be paying close attention.

As Quinton says: “All we’re looking for as an economy is stability. Once we get that, everything else can build on it.”

Special thanks to our show sponsor, Texana Bank! We’re proud to partner with a bank that’s not just about transactions, but about creating opportunities for professionals. From innovative programs like REMLO to nationwide lending solutions, Texana Bank is helping reshape the future of real estate and mortgage careers.

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👉 Check out REMLO at https://mortgage.texanabank.com/remloprogram/ for more information and to sign up now!

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0:00 Intro
0:25 Powell admits instability
2:00 Trump’s stance & market reaction
4:25 Too many cooks / Lisa Cook case
6:00 Fed insider trading vs. mortgage fraud
8:05 Powell stepping down
9:00 Sponsor: REMLO
10:55 Weak labor market & unemployment
12:45 Rate cut debate & Fed outlook
13:20 Mortgage impact & closing

Ep. 256 - Fed Finally Admits Mistake: What It Means for Homeowners